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Commercial Lots Available

Commercial Zoned Lots | 24,411 SF | 190 Ft of Frontage | High Traffic Location 7987

Price

$30,000

Location

5834-5846 Martin Luther King Drive, St. Louis, MO 63112

Cardinal Realty Group – St. Louis Commercial Real Estate Specialists

Property Overview

5834-5846 Martin Luther King Drive, St. Louis, MO 63112


Price: $30,000

Three adjoining commercial lots ready to be built on are available on Dr Martin Luther King Drive, in North St. Louis City.  

 

The properties are zoned G-Local Commercial and Office, which offers a wide variety of permitted uses, giving you the flexibility to serve the local population in multiple ways.

 

The property addresses are 5832, 5842, and 5846 Dr. Martin Luther King Drive.  The total square footage of the lots is approximately 24,411 SF, with 190 feet of frontage on Dr. Martin Luther King Drive and 125 feet on Laurel Street. 

 

Many tax credits/incentives are available, which reassures potential investors/developers about the support available to own and operate a business in the neighborhood. 

 

All three parcels are priced to sell at $30,000/$1.23 psf, a real bargain that will make you feel like you're getting a good deal. Considering that these are fully developed lots with all utilities available to the site, this is an opportunity not to be missed.

Property Details

Property Name

Commercial Zoned Lots

Address

5834-5846 Martin Luther King Drive, St. Louis, MO 63112

Lot Size (SqFt)

24,411 SF

3

Lots

Property Type

Land, Commercial

Zoning

G-Local Commercial and Office

Investment & User Highlights

Three adjoining Commercially Zoned Lots Available

24,411 Square Feet

190 Feet of frontage on Dr. Martin Luther King Dr.

All Utilities Available to Site

Priced to Sell at $30,000/$1.23 psf

Tax incentives Available, including

  • Opportunity Zone

  • Hub Zone

  • HUD Qualifying Census Tract

  • City Neighborhood Grants

Location & Access

Located west of Goodfellow Blvd between Laurel St and Rowan Ave. The property addresses are 5832, 5842, and 5846 Dr. Martin Luther King Drive.​

Property
Documents

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