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    1957 Cherokee St St Louis, MO

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    For Sale
    $825,000

    Restored mixed-use property with commercial spaces and townhomes.

    Lot size:
    0.12 Acres

    Property Features for 1957 Cherokee St St

    General Information

    Lot size
    0.12 Acres

    Source: Berkshire Hathaway HomeServices Select Properties Agent Jim VonDerHaar

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Mixed-Use Building in Benton

    This historic three-story mixed-use property, featuring a slate-covered mansard roof, mill wood bracket eaves trim, and decorative brick work, is located on a corner lot in the Cherokee Lemp Historic District. The building includes two commercial spaces on the main level, totaling 2100 square feet, and four townhomes on the second and third floors. Three of the townhomes have two bedrooms and one bathroom each, while the fourth townhome has three bedrooms and one bathroom. A shared laundry is located on the second floor for the townhome residents. The rear of the building provides four parking spots and a backyard patio. A securely locked rear door leads into the foyer and up to the townhomes. The property also features a full basement with storage space. All six units are currently leased. The property is near restaurants and unique shopping.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Louis
    County
    St. Louis
    State
    Missouri
    Longitude
    -90.1928216
    Latitude
    38.6305392

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    FAQs

    What type of property is this?
    Mixed-use property - Restored mixed-use property with commercial spaces and townhomes.
    Where is this mixed-use property located?
    The property is located at 1957 Cherokee St St Louis, MO.
    What is the asking price?
    The asking price for this property is $825,000.
    What are key features of this property?
    This property features: - Fully leased mixed-use property with 6 units providing immediate income.; - Prime location in the Cherokee Lemp Historic District of Benton Park.; - Lovingly restored historic building with detailed architectural features.
    (314) 494-8874
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    1957 Cherokee St St Louis, MO
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    Louis, MO
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1957 Cherokee St St Louis, MO
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