Commercial For sale Land Commercial

Retail Property for Sale in Saint Louis Missouri 63112

5832-5846 Dr. Martin Luther King Drive, Saint Louis, Missouri 63112

$30,000

Listed Aug 8, 2025

Normal Sale

Property Status

Undeveloped Land

Building Status

About this property

Retail Property for Sale in Saint Louis Missouri 63112 is a land for sale in Saint Louis, Missouri, listed at $30,000. Key details: property status Normal Sale, building status Undeveloped Land. Listed by Hal Hanstein of Cardinal Realty Group, Inc on LoopingCloud and last updated November 7, 2025.

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 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.

Location Description:

Located in the Hamilton Heights Neighborhood on historic Dr. Martin Luther King Jr. Avenue, between Rowan Avenue and Lauriel Street, this once-bustling commercial avenue in St. Louis offers entrepreneurs numerous opportunities to develop this property.

5832, 5842, and 5846 Dr. Martin Luther King Ave are located within an Opportunity Zone, HUB Zone, HUD-qualified Census Tract, and Neighborhood Needs Grant area. This variety of incentives reassures potential investors about the support available for owning and operating a business in the neighborhood.

Key highlights

Retail
Office
Medical
Community Services
Religious
Corner Location
Level Lots, ready to build on
AmerenUE
Spire
MSD

Lending Opportunities

Connect with a mortgage professional to explore financing options and see what you may qualify for.

Company	Lender type	Contact	Phone
TheLoanProsTeam	Mortgage Broker	Roxanne Chung	(754) 707-5877
Money Solutions, LLC	Mortgage Broker	Jennifer A. Judice	(813) 431-5000

Property details

Key facts

Property Status: Normal Sale
Building Status: Undeveloped Land

Pricing details

Financing: Third Party Financing
Investment Property: Vacant investment property

Investment snapshot

Acquisition options

Option	Asking price	Cap rate	Commission	Monthly income	Ownership
Purchase Only	$30,000	-	3%	-	-

Features and amenities

Property Other Use Types

Retail
Office
Medical
Community Services
Religious

Property Features

190 Feet Frontage on Dr. Martin Luther King Drive
Corner Location
Level Lots, ready to build on

Utilities

AmerenUE
Spire
MSD
St. Louis City Water Division

Location

Address as shown by the lister.

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About this area - Saint Louis

Population: 22,678
Housing units: 12,142
Land area: 3.4 sq mi
County: Saint Louis City

Neighborhood

Places shown on the map come from Google Maps and are near the property. Check details with each place before you rely on them.

Documents, links and contacts

Property documents

1 file to download

Brochure 052725.pdfPDF · 1.7 MB

Links

8 links

Additional contacts

1 person to reach

Hal HansteinBroker (314) 607-2928

Frequently asked questions

What is the asking price of Retail Property for Sale in Saint Louis Missouri 63112?

Retail Property for Sale in Saint Louis Missouri 63112 is listed at $30,000.

Where is Retail Property for Sale in Saint Louis Missouri 63112 located?

The property is in 5832-5846 Dr. Martin Luther King Drive, Saint Louis, Missouri 63112, Saint Louis City County.

What type of property is this?

This is a land for sale in the commercial category.

Is financing available?

The lister indicates: Third Party Financing.

Who do I contact about this listing?

Hal Hanstein of Cardinal Realty Group, Inc listed this property. Use the Request Info button to send a message or call (636) 225-0385.

When was this listing published?

It was published on August 8, 2025 and last updated on November 7, 2025.

Listing information

Listing ID: CL-Missouri-26077
Published: Aug 8, 2025
Last updated: Nov 7, 2025
Views: 190

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