5960 Dr Martin Luther King

St Louis, MO 63112

About this property

Unlimited Opportunities abound in this commercially zoned property on Dr Martin Luther King Dr. The 3-story 27,000 SF full masonry structure is situated on 2-land parcels approximately .38 aces. The property is surrounded by other properties owned by the LRA creating the opportunity for business expansion. Over $1,000,000 in improvements were made in 2008 to redevelop the property as a Night Club with an occupancy capacity of 1070 patrons. This was one of the premier Night Clubs in St. Louis occupying 14,700 square feet on the first floor, Lower Level, and Mezzanine of the building. The building sale may include all of the tenants finishes as a Night Club, including the sound systems, lights, TVs, seating, and much more. The city has paved, strip, and lighted a 200 car parking lot across the street from this property for its use. Virtually the entire city block can be acquired for business expansion with the LRA currently owning the majority of the property.

Date Listed
January 31, 2020
Listing Status
A
Days On Site
356
MLS#
20006437

Features and Additional Information

Lot Size
0 SqFt
Acreage
0.00
Property Type
Commercial
Style
iqweb_
Sub-Type
Resale
Year
1924
Zoning
G-Local Commercial and Office
Square Feet
27,000
Units
0
Story(s)
3
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$449,750 A
27,000 SQFT

Presented By Visionary Group

Visionary Group

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(314) 336-1919

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