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702 Benham St 9,650 SF 100% Leased Office Building Bonne Terre, MO 63628 $275,000 ($28.50/SF)
Investment Highlights
- Historic building with exposed original brick and architectural character.
- Expansive second floor offers potential for residential conversion.
- Basement includes a loading area and substantial storage capacity.
- New roof installed with a transferable 15-year warranty.
- Large rear parking area supports customer and tenant access.
- Front patio provides opportunities for outdoor seating or displays.
Executive Summary
Discover the limitless possibilities at the historic Vargos in Bonne Terre! This 4,400 sq. ft. main floor is a blank canvas, perfect for a boutique, restaurant, office, or event venue. The expansive second floor offers incredible potential for multifamily units, making it ideal for mixed-use development. A charming spiral staircase adds character, and the large parking area in the back ensures convenience for customers and tenants. Situated on .47 acres, this remarkable building boasts a spacious front patio, perfect for outdoor seating or displays. Extensive Demo removing 100 yrs of plaster. A total of 4 layers, to showcase buildings beauty and natural brick colors. A vast basement with a loading area provides ample storage for business needs. With a brand-new roof with 15 yr transferable warranty and a leveled main floor for seamless transitions. Don’t miss the chance to own a piece of history with endless potential—Vargos is waiting for you! Location: City, High Traffic
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
9,650 SF
Building Class
C
Year Built
1990
Price
$275,000
Price Per SF
$28.50
Percent Leased
100%
Building Height
2 Stories
Typical Floor Size
4,825 SF
Building FAR
0.48
Lot Size
0.46 AC
Parking
7 Spaces (0.73 Spaces per 1,000 SF Leased)
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Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $23,010 | |
| Land Assessment | $18,960 | Total Assessment | $41,970 |
Property Taxes
Parcel Numbers
Land Assessment
$18,960
Improvements Assessment
$23,010
Total Assessment
$41,970
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702 Benham St