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5960 Dr Martin Luther King Drive, St Louis City, MO, 63112

NOW ONLY $199,999 – ENDLESS POSSIBILITIES AWAIT Don’t miss this incredible opportunity to own a beautiful brick commercial building with timeless architecture and limitless potential in the heart of St. Louis! Located at 5960-5962 Dr. Martin Luther King Dr, St. Louis, MO 63112, this impressive 3-story, 27,000 SF masonry structure sits on .38 acres and includes the lot directly behind the building—perfect for parking, deliveries, or future expansion. This property offers great bones and a layout that can be transformed to suit nearly any vision with a 1,070-person capacity. With its size, character, and location, the options are endless — this property could be reinvented as a: Restaurant Event Venue Office Space Night Club Apartment Conversion The possibilities are truly limitless! Property is being sold AS-IS and will require rehab due to vandalism — but once restored, it has the potential to be a true North St. Louis landmark. At only $199,999, this property is priced to move!

Subdivision: Rose Hill Add

List Price

$ 199,999

Status

Active Under Contract

Days on market

529

MLS#

25019412

Bedrooms

0

Full baths

0

Subdivision

Rose Hill Add

Municipality

St Louis City

County

St Louis City

Property Type

Commercial Sale

Transaction Type

Sale

Type

Commercial Sale

Age

102

Additional Information

Property Tax (2024)

$1,682

Recent Nearby Sales in 63112

Last 6 closed homes in this zip.

Address Bd/Ba SqFt List Sold Closed
609 Clara Avenue, 2A, St Louis City, MO 63112 3/2 1,335 $209,900 $203,400
96.9% of ask
Sep 3, 2026
5510 Waterman Boulevard, 602, St Louis City, MO 63112 3/2 1,591 $349,000 $340,000
97.4% of ask
Sep 3, 2026
5866 Etzel Avenue, St Louis City, MO 63112 0/0 2,860 $170,000 $162,500
95.6% of ask
Aug 31, 2026
5591 Waterman Boulevard, A, St Louis City, MO 63112 2/2 1,256 $229,000 $224,000
97.8% of ask
Aug 31, 2026
1215 Oakley Place, St Louis City, MO 63112 4/3 1,920 $85,000 $85,000
100% of ask
Aug 28, 2026
5381 Pershing Avenue, 102, St Louis City, MO 63112 2/2 1,110 $210,000 $200,000
95.2% of ask
Aug 25, 2026

Price & Listing History

Listed for sale
Mar 28, 2025 at $222,000
Price reduced by $22,001 (9.9%)
From $222,000 to $199,999
Current status: Active Under Contract
As of Aug 30, 2026 · $199,999

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