LOT SIZE 0.256 acres
MLS#25019412
STATUS(Bank Owned) - Active
PROPERTY TYPELand - Commercial
SUBDIVISIONRose Hill Add
Property Description
NOW ONLY $199,999 - ENDLESS POSSIBILITIES AWAITDon't miss this incredible opportunity to own a beautiful brick commercial building with timeless architecture and limitless potential in the heart of St. Louis!Located at 5960-5962 Dr. Martin Luther King Dr, St. Louis, MO 63112, this impressive 3-story, 27,000 SF masonry structure sits on .38 acres and includes the lot directly behind the building-perfect for parking, deliveries, or future expansion.This property offers great bones and a layout that can be transformed to suit nearly any vision with a 1,070-person capacity.With its size, character, and location, the options are endless - this property could be reinvented as a:RestaurantEvent VenueOffice SpaceNight ClubApartment ConversionThe possibilities are truly limitless!Property is being sold AS-IS and will require rehab due to vandalism - but once restored, it has the potential to be a true North St. Louis landmark.At only $199,999, this property is priced to move!
Property Features
Property Type: Land - Commercial
Cooling: None
Lot Size: 0.26 Acres
Roof Type: Flat, Pitched/Sloped
Taxes: $1,682
Year Built: 1923
Feature Descriptions
Appliances: Other
Current Use: Bar/Tavern/Lounge, Restaurant, Mixed Use
Days on Site: 427
Electric: Ameren, Other
Exterior: Other, Brick
Fencing: Partial
Lot: Sprinklers In Front, Sprinklers In Rear
Lot Dimensions: 75X223
Parcel#: 3837-00-0120-0
Parking: Paved, Asphalt
Parking Total: 0
Potential Use: Place of Worship, Convenience Store, Restaurant, Laundromat, Professional/Office, Residential, Retail, Education/School
Road Frontage: Alley, City Street
Sewer: Public Sewer
Water: Public
Listed By / Shown By
Listed By
Agency Name: Guru, REALTORS
Shown By
Agent Name: Holly Even
Agent Phone: 314.616.9431
Agency Title: RedKey Realty Leaders
Estimate Your Payment
Estimated Payment
$ 1,288.13 per month $1,089.63 Principal & Interest $140.17 Property Tax $58.33 Homeowner's Insurance
5960 Dr Martin Luther King Drive | MLS# 25019412
This land located at 5960 Dr Martin Luther King Drive, Saint Louis, MO 63112 is currently listed for sale with an asking price of $199,999. The property has approximately 0.26 Acres. Search Saint Louis real estate on www.discoversaintlouishomes.com today.