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    5960 Dr Martin Luther King

    St Louis, MO 63112
    • $449,750
    • STATUS: Active
    • ON SITE: 163 days
    • ID#: 20006437
    UPDATED: 68 min ago
    $449,750
    • 0
      BEDS
    • 0.38
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 27,000
      SQFT
    • $17
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1923
    County:
    Area:

    School Ratings & Info

    Description

    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.

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    Listing information © 2020 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2020-07-12T23:48:57.567.

    The Becky O'Neill Power Home Selling Team | RE/MAX RESULTS: 314-394-5499
    www.beckyoneill.com/homes/102825212
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    5960 Dr Martin Luther King St Louis, MO 63112

    • Price: $449,750
    • Status: Active
    • Updated: 68 min ago
    • ID#: 20006437
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.38
    Acres
    27,000
    SQFT
    $17
    $/SQFT
    1923
    Built
    Neighborhood:
    Rose Hill Add
    County:
    St Louis City
    Area:
    Central West
    Property Description
    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.
    Exterior Features

    Building Type 3 Stories Or MoreFreestandingLoftOffice Building Construction Conventional Exterior Brick Land Info Additional AvailableIncluded Lot Dimensions 75X223 Parking Description Paved Asphalt Parking Spaces 25 Road Access Alley Access Road Frontage 75 Roof FlatOther Roof TypePitched/Sloped Unit Location CityHigh Traffic

    Interior Features

    Cooling None Heating Other/None Interior Walls Concrete/Block Miscellaneous 2+ LavatoriesAlleyBurglar AlarmOwner RemodelSmoke Alarm/DetecSprinkler System Sq Ft First Floor 6000 Sq Ft Second Floor 6000

    Property Features

    Assessed Value Improvements 13100.00 Assessed Value Land 4820.00 Assessed Value Total 17920.00 Association St. Charles County Board of REALTORS Building Fuel Other/None Clear Ceiling Height 17 Commercial Property Type Commercial LandOffice LandResidential LandRetailSpecial Purpose/Use Conditions Unknown Cross Street Address Hodiamont Ave. Current Use Restaurant/BarOther Disclosures Occupancy Perm ReqSellers Discl Not Av Docs Avail At Office Aerial PhotoFloor PlanTraffic Counts Electric Service 220 V3 PhaseAmeren Gross Operating Income 0.00 Lease Terms None Lot Size Source County Records Net Income 0.00 Offering Sale Operating Expense ElectricityGasReal Estate TaxWater & Sewer Possession At Closing Possible Buyer Fees YN No Potential Use ChurchFood/Bev/RestaurantOffice/GeneralOffice ShowroomPersonal ServiceResidenceRetail OperationSchool Sale Includes Building & LandPersonal PropertySome EquipmentSome Fixtures Selling Terms Cash Sewer Public Special Description RenovatedSome Accessible Features Special Listing Conditions None Square Footage Source Other Tax Exempt 0 Tax Year 2019 Taxes Paid 1738 Total Expenses 0.00 Utilities Available CableElectricGasWaterSewerTelephone Water Public Zoning G-Local Commercial And Office

    Listing provided courtesy of Cardinal Realty Group. Listing information © 2020 Mid America Regional Information Systems, Inc.
    Listing information © 2020 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2020-07-12T23:48:57.567.

    The Becky O'Neill Power Home Selling Team | RE/MAX RESULTS: 314-394-5499
     
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    The Becky O'Neill Power Home Selling Team | RE/MAX RESULTS
    13208 Manchester Road
    St. Louis MO, 63131