# 5383 Dr Martin Luther King Drive, St Louis, MO 63112

> **TL;DR:** commercial, $60,000 ($17/sqft), built 1898, 3,540 sqft. Est. $260/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $60,000 |
| Price/sqft | $17 |
| Square Feet | 3,540 |
| Year Built | 1898 |
| Lot Size | 6,159 sqft (0.14 acres) |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $260 |
| **Total** | **$260** |

## Property Highlights

- Built in 1898
- 0.14 acre lot

## Description

### Agent Description
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.

## Location

- **Address:** 5383 Dr Martin Luther King Drive, St Louis, MO 63112
- **County:** St Louis City
- **Neighborhood:** Lucas & Hunt Add
- **Coordinates:** 38.667356, -90.270028
- **Google Maps:** https://www.google.com/maps?q=38.667356,-90.270028

## Listing Agent

- **Name:** Toyin Oduwole
- **Brokerage:** Keller Williams Chesterfield
- **Phone:** 3142585771
- **Email:** ToyinOduwole01@outlook.com

## Primary Photo

![5383 Dr Martin Luther King Drive - Primary Photo](http://lh.rdcpix.com/5ae4c1ace1c7920e66ec8639dd204facl-f2944641810r.jpg)

*2 total photos available on [listing page](https://www.propertysimple.com/listing/5383-dr-martin-luther-king-drive-st-louis-mo-63112-26022891)*

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**MLS#:** 26022891 | **Updated:** 2026-04-27
**Source:** listhub

*Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/5383-dr-martin-luther-king-drive-st-louis-mo-63112-26022891)

---

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