Curious about this home?
Ask anything — no agents, no pressure
Try asking
About This Home
This 0-bedroom, 0-bathroom commercial at 5383 Dr Martin Luther King Drive in St Louis, MO is listed for $60,000 ($17 per sqft). Built in 1898, the home offers 3,540 sqft of living space on a 0.14 acres lot.
Offered for sale is a two-story commercial building with deep roots in the community, having operated as a successful neighborhood hardware store for over 40 years. Now vacant and ready for its next chapter, this property presents an exceptional opportunity for investors, developers, or owner-operators seeking a flexible space on a high-visibility corridor.
The building features a large, van-high drive-in door fronting Martin Luther King Drive, ideal for delivery access, light industrial use, retail with back-of-house operations, or creative adaptive reuse. The second floor includes a spacious apartment located above the garage, offering potential for on-site living, rental income, or office conversion (buyer to verify permitted uses).
With its solid structure, generous footprint, and prominent street presence, the property is well-suited for redevelopment into mixed-use, retail, workshop, storage, or community-oriented concepts. Located along a major thoroughfare in North St. Louis, the site benefits from strong visibility, traffic flow, and proximity to ongoing neighborhood revitalization efforts.
Key Features
- Built in 1898
- 0.14 acre lot
Property Details
Monthly Cost Estimate
$321/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
5383 Dr Martin Luther King Drive
St Louis, MO 63112
Lucas & Hunt Add
Property Details
Construction
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 5383 Dr Martin Luther King Drive is listed at $60,000 ($17/sqft). The estimated monthly payment is $260 based on 20% down at 6.5% interest.
Key features include: Built in 1898, 0.14 acre lot.
This property is listed by Toyin Oduwole and can be reached at 3142585771 or ToyinOduwole01@outlook.com.