2648 Dr Martin Luther King Dr - Storefront Retail/Residential FOR SALE


Saint Louis, MO 63106- Jeff-Vander-Lou
$1,500,000 USD
314-258-1069

NO PHOTO

$1,500,000 USD
Storefront Retail/Residential - FOR SALE
null | Request Cap Rate

2648 Dr Martin Luther King Dr
Saint Louis, MO 63106
Jeff-Vander-Lou


HIGHLIGHTS

  • Mixed-use building with commercial and residential components.
  • Ground-floor space is configured for bar and restaurant operations.
  • Two residential units are located on the upper floors.
  • Approximately 50 on-site parking spaces support commercial activity.
  • Commercial zoning allows for a variety of business uses.
  • Frontage along Dr. Martin Luther King Drive provides visibility and access.

OVERVIEW

2648 Dr. Martin Luther King Dr presents an opportunity to acquire a mixed-use asset in the City of St. Louis with both commercial and residential components. The property consists of a ground-floor commercial space currently configured for bar and restaurant use, along with two residential units located on the upper levels. This mixed-use configuration provides multiple income-generating components within a single asset and offers flexibility for investors seeking a combination of commercial and residential tenancy.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$330 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1880

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,663 SF

ZONING

C

APN/PARCEL ID

0932-00-0015-0

ASK ABOUT THIS PROPERTY

Lisa AlexanderBerkshire Hathaway Select PropertiesMore Info
314-258-1069

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Lisa AlexanderBerkshire Hathaway Select PropertiesMore Info
314-258-1069

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.