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901 Grove Street , Bonne Terre, MO 63628

$1,500,000
  • 901 Grove Street , Bonne Terre, MO 63628 Main Photo

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New to the Market Active
MLS#26046036
STATUSActive PROPERTY TYPECommercial - SUBDIVISIONVerdmont Rose Estates

Property Description

Exceptional investment opportunity featuring a well-maintained duplex community with units built as recently as **2024**. The development was officially renamed **Rose Dr. in 2025** and offers immediate upside for investors or developers alike.This established property includes attractive apartment duplexes with **significant expansion potential**. Multiple additional duplex sites are already planned, with **water and electric infrastructure already installed**, allowing a new owner to begin construction without the expense of extending utilities.Located in a desirable setting with modern residences, paved streets, and room for continued growth, this is a rare chance to acquire both current income-producing units and future development opportunities in one package. Whether you're looking to expand your rental portfolio or complete the vision of this growing community, the groundwork has already been laid.**Highlights:*** Apartment duplex community* Some units built as recently as **2024*** Community renamed **Rose Dr. in 2025*** Utilities (water and electric) already run for future expansion* Room to build several additional duplexes* Paved streets and established infrastructure* Excellent long-term investment and income potential

901 Grove Street | MLS# 26046036

This commercial property located at 901 Grove Street , Bonne Terre, MO 63628 is currently listed for sale with an asking price of $1,500,000. Search Bonne Terre real estate on www.redkeystlouis.com today.

Property Features

Property Type: Commercial -
Cooling: Central Air
Heating: Forced Air
Lot Size: 3.47 Acres
Taxes: $4,825
Year Built: 2011

Feature Descriptions

Appliances: Electric Cooktop, Dishwasher, Freezer, Oven, Electric Oven, Refrigerator
Current Use: Multi-Family
Electric: Ameren
Exterior: Vinyl Siding
Laundry: In Hall
Parcel#: 07-60-14-04-012-0003.00
Tenant Pays: All Utilities
Water: Public

Listed By / Shown By

Listed By

Agency Name: Coldwell Banker Realty - Gundaker

Shown By

Agency Title: RedKey Realty Leaders
Agency Phone: 314-692-7200

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