Mixed-Use Property with Office
518 Grove Street, Bonne Terre, MO 63628
For Sale
New
$425,000
Commercial Sale, Bonne Terre, MO
Property SizeContact for details
Lot Size0.74 Acres
Days on Market5
Property Features for 518 Grove Street
General Information
Property type
Property subtype
Directions
Subdivision
Standard status
APN
Lot size
Taxes and HOA fees
Tax Description
Legal Description
Utilities
Heating system
Cooling system
Water source
Amenities
laundry hookup
fenced yard
carport
Building Details
Year built
Building materials
Listing Agency:
Keller Williams Realty Platinum
(314) 677-6000
Listed By:
Chelsea House · License #2022007589
(573) 210-9056
Added: Nov 3
Changed: Nov 4
Last Checked: Nov 7 at 2:06PM
MLS# 26067784
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Investment Insights
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This 5,040-square-foot mixed-use property on 0.74 acre combines four residential units with two office spaces. Residential layouts include a 5-bedroom, 2-bath unit; a 3-bedroom, 2-bath unit with basement, laundry hookup, and fenced yard; a 1-bedroom, 1-bath unit; and a studio with bath and laundry hookup. Office areas include a two-room suite with restroom and private entrance, plus a two-room office in the 1,180-square-foot garage addition, which has two bays and a restroom in progress. A 24-by-36-foot carport and gravel parking are also on site.
The main building has vinyl siding and was built in 1910. Improvements include a metal roof approximately 10 years old, attic and wall insulation installed within the last five years, two 200-amp electrical services with sub-panels, and three electric water heaters that are 1–5 years old. City water and sewer serve the property, and fiber internet is available. Remodeling is in progress; zoning, permits, and occupancy are subject to buyer verification.
The main building has vinyl siding and was built in 1910. Improvements include a metal roof approximately 10 years old, attic and wall insulation installed within the last five years, two 200-amp electrical services with sub-panels, and three electric water heaters that are 1–5 years old. City water and sewer serve the property, and fiber internet is available. Remodeling is in progress; zoning, permits, and occupancy are subject to buyer verification.
Key Highlights
- Four residential units and two office spaces on 0.74 acre
- 5,040‑square‑foot main building with a 1,180‑square‑foot garage addition
- Garage addition includes two bays and a two‑room office; restroom work is in progress
Property Analytics
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Current Use
Lease Details
4
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
330
Businesses Nearby
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Business Placement
Demographics for 63628, MO
16,373
Population
6,183
Households
2.6
Avg Household Size
41
Median Age
16%
College-Educated
87%
High-School Grad
120.2 sq mi
ZIP Area
136
Density / Sq Mi
$59,237
Median Household Income
$34,726
Median Earnings
$698
Median Rent
$171,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Four residential units and two office suites are arranged across a main building and garage addition.
Where is this mixed-use property located?
The property is located at 518 Grove Street Bonne Terre, MO.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Four residential units and two office spaces on 0.74 acre; 5,040‑square‑foot main building with a 1,180‑square‑foot garage addition; Garage addition includes two bays and a two‑room office; restroom work is in progress
