Property summary
Investors and entrepreneurs, take note! This exceptional commercial property, known as Granny's Washtub, presents a unique opportunity in St. Louis, Missouri. Located at 4706 Dr. Martin Luther King Dr., zip code 63113, this vacant storefront boasts a substantial 19,200 square feet of space. Situated in an Opportunity Zone and less than three miles from the new National Geospatial-Intelligence Agency (NGA) campus, this property offers unparalleled potential for redevelopment. The gross lease structure and vacant tenancy provide flexibility for a wide range of commercial uses, including retail, office space, or restaurants. The property's size and prime location near Kingshighway make it an ideal investment for those seeking to capitalize on the thriving St. Louis commercial market. This is a chance to acquire a significant property in a rapidly developing area, offering substantial returns for investors and a perfect launchpad for entrepreneurs. The property is ready for immediate redevelopment, presenting a blank canvas for your vision. Don't miss this chance to secure a prominent location in a dynamic and growing part of St. Louis. The asking price is $250,000.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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