Commercial for Sale: 63 E School Street, Bonne Terre, MO 63628

$349,000
$349,000
63 E School Street, Bonne Terre, MO 63628
$349,000
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Price:
$349,000
$16,000 - 06/06/2024
Est. payment: Skip to Mortgage Calculator

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Type Commercial
Lot Size 0.29 acres
Year Built 1988
Taxes Paid $1,292
City Bonne Terre
County St Francois
Subdivision None
MLS 23068882
Status Active
DOM 385 days
Excellent investment Opportunity Current $44,301,60 gross with NOI annually of an estimated $39,401.60. If only 90% collected. On storage building. Current cap rate of 10.15%. The units are currently 33% lower cost than the majority of units in St Francois county and less than all units in St Francois county. The lot is paved with police patrol regularly due to bank across the street and church next door. Second building is included. This structure has a one bedroom apartment in rear that is air b n b. It brings in approx. $1000 per month. The office in front is an estimated 260 sq. ft. Two rooms. 63 E School St, Bonne Terre, MO 63628 The total lot with two buildings and parking lot is just over 100 ft x 125 ft 3 year lease was just signed with Shelter Insurance for the office space.

Lot & Building Features

Construction Conventional
Cooling Electric
Heating Forced Air
Parking Description Concrete, Parking Lot
Sewer Public Sewer
Tax Year 2022
Water Public

Price History of 63 E School Street, Bonne Terre, MO

Date Name Price Difference
06/06/2024 Price Adjustment $349,000 4.38%
05/13/2024 Price Adjustment $365,000 7.59%
04/10/2024 Price Adjustment $395,000 1.25%
11/21/2023 Listing Price $400,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Photo of Maureen Blondin
Maureen Blondin
COO | Broker Owner
Direct: 314-503-4742
Office
185 B West Hwy D
Wentzville, MO 63385
636-398-5770
Listed by RE/MAX Best Choice, Roberta House
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0.3702005730659%
6.75%
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63 E School Street (MLS #23068882) is a commercial listing located in Bonne Terre, MO. This commercial listing is on a lot of 12,502 sqft (or 0.29 acres) and is 36 years old. This property was listed on 11/29/2024 and has been priced for sale at $349,000.

Nearby zip codes are 63601, 63640 and 63653. This property neighbors other cities such as Desloge, Farmington, Leadwood and Park Hills.

Maris

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Listing information courtesy of: RE/MAX Best Choice

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