Address
5960 Dr Martin Luther King St Louis, MO
Price
$ 449,750
Property Attributes
  • MLS#20006437
  • TypeCommercial
  • CountyST LOUIS CITY
  • CitySt Louis
  • AreaCentral West
  • NeighborhoodRose Hill Add
  • Zip63112
  • StyleChurch,Food/Bev/Restaurant,Office/General,Office S
  • Year Built1923
  • Taxes$ 1738
  • Price$ 449,750
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage27000
  • Lot Size0.38 Acres
Listing Provided Courtesy Of:
Cardinal Realty Group
Data Source:
Mid America Regional Information Systems
Property Description

Unlimited Opportunities abound in this commercially zoned property on Dr Martin Luther King Dr. The 3-story 27,000 SF full masonry structure is situated on 2-land parcels approximately .38 aces. The property is surrounded by other properties owned by the LRA creating the opportunity for business expansion. Over $1,000,000 in improvements were made in 2008 to redevelop the property as a Night Club with an occupancy capacity of 1070 patrons. This was one of the premier Night Clubs in St. Louis occupying 14,700 square feet on the first floor, Lower Level, and Mezzanine of the building. The building sale may include all of the tenants finishes as a Night Club, including the sound systems, lights, TV’s, seating, and much more. The city has paved, strip, and lighted a 200 car parking lot across the street from this property for its use. Virtually the entire city block can be acquired for business expansion with the LRA currently owning the majority of the property.

Price History
3/12/2021 Listed $449,750

General Features

Acres 0.3800
Age 98
Area Central West
Attached Documents 2
Cooling None
Cumulative Days on Market 766
Roof Flat, Other Roof Type, Pitched/Sloped
Status Active
Zone G-Local Commercial and Office

Interior Features

Heating Other/None

Exterior Features

Bathrooms 0.00
Road Frontage 75
Water Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 63112

Price
AVG $230K
$450K
Taxes
AVG $1,055
$1,738
Visits
AVG 33
29
Year Built
AVG 1922
1923
Walkscore
AVG 50
52
Data Provided by Walkscore ® not using MLS data

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