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Dorothy Chabeda
REALTOR®
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5960 Dr Martin Luther King Drive, Saint Louis, MO 63112

$199,999
  • 5960 Dr Martin Luther King Drive, Saint Louis, MO 63112 Main Photo

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(Bank Owned) - Active
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!

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.dotssmartliving.com today.

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: 418
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: Dorothy Chabeda
Agent Phone: 314.625.3646
Agency Title: RedKey Realty Leaders

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Estimated Payment

$ 1,288.13 per month $1,089.63 Principal & Interest $140.17 Property Tax $58.33 Homeowner's Insurance

Change Payment Information

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David Ames, Sales Manager, NMLS #738479

Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 05/20/2026. The listing information on this page last changed on 05/20/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 05/20/2026 12:09:31 AM EST) or MARIS MLS (last updated Wed 05/20/2026 12:01:28 AM EST). Real estate listings held by brokerage firms other than RedKey Realty Leaders may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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