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

$351,000
$351,000
63 E School Street, Bonne Terre, MO 63628
$351,000
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Price:
$351,000
$14,000 - 06/06/2024

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 204 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 School Street, Bonne Terre, MO

Date Name Price Difference
06/06/2024 Price Adjustment $351,000 3.84%
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.

Map of 63 School Street, Bonne Terre, MO

Location Map Street View
Photo of Wayne Failoni
Direct: 314-772-8407
Office
2242 Thurman Ave
Saint Louis, MO 63110
314-772-8407
Listed by RE/MAX Best Choice, Roberta House
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0.36809116809117%
6.75%
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Monthly Taxes
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Monthly Home Ins.
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63 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 35 years old. This property was listed on 11/21/2023 and has been priced for sale at $351,000.

Nearby zip codes are 63087, 63601, 63640 and 63653. This property neighbors other cities such as Desloge, Farmington, Leadwood, Park Hills and Valles Mines.

Maris

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: RE/MAX Best Choice

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