Listing provided courtesy of Keller Williams ChesterfieldMLS# 26022891MLS Provider
  • 75 days on site
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Offered for sale is a two-story commercial building with deep roots in the community, having operated as a successful neighborhood hardware store for over 40 years. Now vacant and ready for its next chapter, this property presents an exceptional opportunity for investors, developers, or owner-operators seeking a flexible space on a high-visibility corridor. The building features a large, van-high drive-in door fronting Martin Luther King Drive, ideal for delivery access, light industrial use, retail with back-of-house operations, or creative adaptive reuse. The second floor includes a spacious apartment located above the garage, offering potential for on-site living, rental income, or office conversion (buyer to verify permitted uses). With its solid structure, generous footprint, and prominent street presence, the property is well-suited for redevelopment into mixed-use, retail, workshop, storage, or community-oriented concepts. Located along a major thoroughfare in North St. Louis, the site benefits from strong visibility, traffic flow, and proximity to ongoing neighborhood revitalization efforts. Motivated Seller!

Source: Missouri - MARIS MLS, MLS#: 26022891

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  • Property Type
    Commercial Sale
  • Lot
    0.14 acres

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Melanie Jacobs McGraw

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

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Life at 5383 Dr Martin Luther King Drive


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
5/12/2026Source: Missouri - MARIS MLS Price Reduction
$55,000 -8.3%
4/15/2026Source: Missouri - MARIS MLS Added to Database
April 15, 2026