1052 E 129 N Idaho Falls, ID 83401

Discover an exceptional opportunity in this versatile property, formerly the Coltman School. Featuring a 64x47 gym space ideal for events or as a rental venue for dance and tumbling instructors. The property includes a fully equipped classroom with an attached bathroom, perfect for preschool educators aiming to make an impact. Formerly known as Coltman Academy Preschool, this area is suited for continued educational use or transformation. In addition to the ample gym and classroom facilities, there are 5 bedrooms and 4 bathrooms that can be utilized as a residence or rented out as an Airbnb, providing significant income potential. A separate 1-bedroom apartment in the basement generates $1200 per month in rental income, offering fantastic passive income or on-site management opportunities. The expansive attic holds potential for additional bedrooms or versatile venue space—imagine the possibilities! With the neighboring property recently rezoned Commercial, this property is well-positioned for similar zoning changes, making it a smart investment for future developments. Don't miss this incredible chance to invest where the sky's the limit!