Back on the market with 95% occupancy and a highly motivated Seller, Sunshine Apartments presents an exceptional chance to acquire a fully renovated, income-generating 40-unit apartment complex YEAR ONE! Future-proofed interiors featuring granite countertops, full appliance packages, and durable LPV flooring. Electric sleeve units for heating and cooling, paired with instant propane-powered hot water heaters. Solar panels supply approximately 50% of the property’s electricity needs. Majority of units benefit from well water access. These eco-friendly systems significantly reduce operating expenses, ensuring higher ROI and long-term value. Current rents include utilities, laundry, and internet. By implementing a $30/month utility surcharge, boosting annual income by $14,400, totaling cash flow to $78,806 annually. Offered at an 8.4% cap rate with a 7.5% cash-on-cash return. 80% LTV with a 1.29 DSCR—an unparalleled opportunity in today’s market.
Do you have a love for small town life and country living? Have you always wanted to run your own business? You can do both and also help others who's passion is to farm for a living or just have a mini farm or maybe just have a pet they want to care for. The current owners of Peterson Feed & Farm have built a business and created working relationships with so many customers in St. Francois county an surrounding areas. The sale would include the real estate, business and current inventory. There have been numerous upgrades and replacements made during their ownership. Ask for copy of those along with equipment and items that will be included in the sale. The property is set up for a pellet mill (currently not in operation)!
Step into a professional, fully stocked auto mechanic shop. With 3, 12' garage bay doors. The shop features two hydraulic lifts, offering ample space to work on multiple vehicles at once. The heart of this workshop is its impressive array of four Snap-On tool boxes, packed with an extensive collection of Snap-On tools. Whether you're tackling a simple fix or a complex engine overhaul, you'll have everything you need—from wrenches and sockets to diagnostic equipment and specialty tools. Every tool is organized and easily accessible. Also, included is a welding set. The shop is ready to go to work today, with all equipment and tools in good condition. If you need more storage, there is also a 40' shipping container that is also being sold with the shop. The side by side, lawnmower, orange toolbox, & personal items are not staying.
Incredible opportunity! Building with approximately 4,700 sq feet including 2 lavatories, kitchen area and a full basement. Pavillion has been used for many different purposes including, meetings, events, weddings, entertainment, yoga classes and much more. Sale also includes golf cart storage building which can house up to 20 golf carts with 12 spaces currently being rented. Most contents are staying and building is being sold as-is. Schedule your showing to see for yourself the endless possibilities this space has to offer.
Discover an exceptional investment opportunity in the heart of Bonne Terre with this expansive commercial building. Offering a 7.45% cap rate and boasting a prime location with high traffic visibility, this property features 9300 sqft of versatile space currently utilized for office and retail purposes. The property offers five leasing spaces with the potential to expand to six, accommodating a variety of business ventures. In addition to the leasing spaces, this property comes equipped with a large warehouse storage space, ideal for businesses requiring ample storage or logistical operations. The building includes a generously sized parking lot, ensuring convenience for both tenants and customers.
Explore the potential of a commercial lot, spanning 1+/- acres, strategically located in Bonne Terre. With highway frontage and easy access, this generously sized lot offers an unparalleled canvas for your business aspirations. The ample acreage provides the flexibility to realize your unique vision while capitalizing on the prime location's visibility and accessibility. Seize the opportunity to shape a thriving business on this spacious, well-positioned commercial lot in the heart of Bonne Terre.
Explore the potential of two expansive commercial lots totaling 2+/- acres, strategically located in Bonne Terre. With highway frontage and easy access, these generously sized lots offer an unparalleled canvas for your business aspirations. The ample acreage provides the flexibility to realize your unique vision while capitalizing on the prime location's visibility and accessibility. Seize the opportunity to shape a thriving business on these spacious, well-positioned commercial lots in the heart of Bonne Terre.
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.
Awesome location with 630' of road frontage on the Eastern Outer Road! Great area for any type of commercial business. There is 519' of frontage on Eagle Lane as well, which would make a perfect back/truck entrance for a commercial venture. There are two houses that are rented, a priceless old barn and several other outbuildings currently located on this beautiful property. The property is being sold for commercial purposes, but is also a wonderful residential/investment property as well. A perfect piece of property with so many options! Very desirable location …. Check it out!
The median home value in Bonne Terre, MO is $167,400. This is higher than the county median home value of $165,500. The national median home value is $338,100. The average price of homes sold in Bonne Terre, MO is $167,400. Approximately 54.99% of Bonne Terre homes are owned, compared to 37.64% rented, while 7.37% are vacant. Bonne Terre real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Bonne Terre real estate agent to arrange a tour today!
Bonne Terre, Missouri has a population of 6,772. Bonne Terre is more family-centric than the surrounding county with 28.54% of the households containing married families with children. The county average for households married with children is 27.9%.
The median household income in Bonne Terre, Missouri is $33,807. The median household income for the surrounding county is $50,015 compared to the national median of $69,021. The median age of people living in Bonne Terre is 36.8 years.
The average high temperature in July is 87.1 degrees, with an average low temperature in January of 21.5 degrees. The average rainfall is approximately 43.8 inches per year, with 11.9 inches of snow per year.