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… Read More 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. Read Less
Listing courtesy of Cardinal Realty Group.
Listing Snapshot
Days Online
1
Last Updated
Property Type
Commercial & Indr.
Lot Size
0.56 Acres
MLS Number
25021243
30 Days Snapshot Of 63112
$233k
-16%
(avg) sold price
8
-50%
homes sold
47
-6%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Frontage Type: "City Street"
Community
Neighborhood: Hamilton Heights
Cooling
Cooling: "None"
Disclosures
Disclosures: "Unknown", "City", "Code Compliance Reqd", "Sellers Discl Not Av"
Heating
Heating: "None", Heating Included
Income
Net Operating Income: 0
Lot
Lot Size Acres: 0.56, Lot Size Dimensions: 190X125, Lot Size Source: County Records, Lot Size Square Feet: 24394 Sq.Ft.
Parking
Features: "None"
Property
Current Use: "None", "N/A", Commercial Property Type: Commercial Land, Property Sub Type: Commercial & Indr.
Sewer
"Other"
Taxes
Prop Asses City Tax: 0, Annual Tax Amount: 811, Tax Legal Description: CB 5307 DR MARTIN LUTHER KING , 65 FT 1 IN / 75 FT 6 IN X 125 , RINKLES GROVE ADDN BLK B, LOT 19 & 2, Tax Year: 2024
Utilities
Electricity Available: "Ameren", Utilities: "None", Water Source: "None"
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