Commercial for Sale: 63 E School Street, Bonne Terre, MO 63628 SOLD
$245,000
$245,000
63 E School Street,
Bonne Terre, MO 63628 SOLD
$245,000
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Selling Price: $245,000
Original List Price: $400,000
Sold at 61.3% of list price
Sold Date: 12/05/2025
Type Commercial
Lot Size 0.29 acres
Year Built 1988
Taxes Paid $1,292
City Bonne Terre
Area 705 - Bonne Terre
County St. Francois
Subdivision None
MLS 23068882
Status Closed
DOM 734 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. Location: Rural
Lot & Building Features
Construction Other
Cooling Central Air, Electric
Heating Forced Air
Parking Description Open, Parking Lot, Concrete, Driveway
Sewer Public Sewer
Tax Year 2022
Taxes Paid $1,292
Water Public
Price History of 63 E School Street, Bonne Terre, MO
| Date | Name | Price | Difference |
|---|---|---|---|
| 10/20/2025 | Price Adjustment | $245,000 | 23.41% |
| 08/12/2025 | Price Adjustment | $319,900 | 8.34% |
| 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% |
| Coming Soon | 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. |
Listed by RE/MAX Best Choice, Roberta House
Sold by RE/MAX Best Choice, Tracey Wibbenmeyer
 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 Listings displaying the MARIS logo are courtesy of the participants of Mid America Regional Information Systems Internet Data Exchange |