Unlock the potential of this high-traffic, income-producing property in the heart of Bonne Terre's Downtown District. 32 W School St features three leased commercial spaces generating immediate revenue, plus a full second floor ready for development. The upper level offers endless possibilities, convert to multifamily units, coworking space, or short-term rentals. With strong visibility, ample parking, and consistent foot and vehicle traffic, this property is ideal for investors seeking both stability and upside. Zoned for opportunity and priced for smart growth. Duplicate Listing #25021486
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 years of plaster. A total of 4 layers, to showcase the 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 year 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!
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 years of plaster. A total of 4 layers, to showcase the 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 year 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!

Bonne Terre is located in Missouri. 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.