Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    63 E School St Bonne Terre, MO 63628

    Under Contract
    For Sale
    $245,000

    Commercial Sale - Bonne Terre, MO

    Lot size:
    0.29 Acres
    Days on Market:
    47
    Last Refresh:
    Dec 5 at 3:06 am

    Property Features for 63 E School St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active Under Contract
    APN
    07-60-14-01-023-0007.00
    Parking features
    Driveway, Open, Parking Lot
    Lot size
    0.29 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1988
    Roof type
    Metal
    Architectural style
    Other

    RE/MAX Best Choice (573) 431-2210 [email protected]

    Listing agent Roberta House (573) 431-2210 License #1999056418

    Listing date Oct 20, 2025

    MLS# 23068882 Listing URL

    Copyright © 2025 MARIS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Investment Opportunity in Bonne Terre

    This commercial property in Bonne Terre, Missouri, presents an investment opportunity with a current gross income of $44,301.60 and an estimated net operating income (NOI) of $39,401.60 annually, based on 90% collection on the storage building. The current cap rate is 10.15%. The storage units are priced 33% lower than most units in St. Francois County. The paved lot benefits from regular police patrols due to its proximity to a bank and a church. The property includes a second building featuring a one-bedroom apartment in the rear, currently utilized as an Airbnb with an approximate monthly income of $1000. The front office space is estimated to be 260 square feet and contains two rooms. A three-year lease has recently been signed with Shelter Insurance for the office space. The total lot size, encompassing both buildings and the parking lot, measures just over 100 ft x 125 ft. The property is located in a rural area.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Shelter Insurance Insurance Agency Shelter Insurance - Chuck ... Insurance Agency

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bonne Terre
    County
    St. Francois
    State
    Missouri
    Longitude
    -90.553047
    Latitude
    37.922198

    Nearby Similar for Sale

    • $160,000
      5,210 SF

      Bonne Terre Mixed-Use Property

      Income-producing mixed-use property with development potential in Bonne Terre.
      32 W School St, Bonne Terre, MO 63628
      View Details
    • $160,000
      5,210 SF

      Bonne Terre Income Property

      Income-producing property with development potential in Bonne Terre's Downtown District.
      32 W School St, Bonne Terre, MO 63628
      View Details
    • $275,000
      13,200 SF

      Historic Mixed-Use Property, Bonne Terre

      Historic mixed-use property with retail and multifamily potential in Bonne Terre.
      702 Benham St, Bonne Terre, MO 63628
      View Details
    • $275,000
      8,800 SF

      Historic Vargos Mixed-Use Potential

      Historic building with retail and multifamily potential in Bonne Terre.
      702 Benham St, Bonne Terre, MO 63628
      View Details
    • $150,000
      Pending

      Bonne Terre Duplex Investment Opportunity

      Well-maintained duplex with rental potential in Bonne Terre, Missouri.
      433 N Division St, Bonne Terre, MO 63628
      View Details
    • $249,900
      0.23 Acres

      Bonne Terre Automotive Shop

      High-visibility 4-bay garage suitable for automotive or retail use.
      211 Division St, Bonne Terre, MO 63628
      View Details

    FAQs

    What type of property is this?
    Self storage facility - Two buildings with income potential in Bonne Terre, Missouri.
    Where is this self storage facility located?
    The property is located at 63 E School St Bonne Terre, MO.
    What is the asking price?
    The asking price for this property is $245,000.
    What are key features of this property?
    This property features: - High Cap Rate: Enjoy a current cap rate of 10.15%.; - Significant Net Operating Income: NOI annually of an estimated $39,401.60.; - Second Building with Income Potential: Includes a second building with a one-bedroom Airbnb apartment generating approximately $1000 per month.
    (573) 431-2210
    Request Owner's contact information
    63 E School St Bonne Terre, MO 63628
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    63 E School St
    Bonne Terre, MO 63628
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    63 E School St Bonne Terre, MO 63628
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.