Historic Ballroom Investment
2719-2729 & 2709-2711 Cherokee St St. Saint Louis, MO
2719-2729 & 2709-2711 Cherokee St St., Saint Louis, MO, 00000
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For Sale
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Versatile commercial space with income-producing leases and historic ballroom.
Property Size31,158 SF
Lot Size0.39 Acres
Price / SF$70.61
Days on Market243
Property Features for 2719-2729 & 2709-2711 Cherokee St St.
General Information
- Standard status
- Active
- Size
- 31,158 SF
- Lot size
- 0.39 Acres
- Property subtype
- RETAIL
Listing agency
Kramer Commercial Realty
(314) 221-6278
Listed by
Mark R Kramer · License #2007037354
(314) 221-6278
Source
Moodyscre
Added: Nov 21, 2025 Updated: Jul 6 at 10:26AM Checked: Jul 21 at 5:17AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kramer Commercial Realty
Investment Insights
Based on property information with market context.
This commercial property, constructed in 1927, offers a rare investment opportunity. Located in St. Louis, the property includes two buildings with a total area of 25,750 square feet and 3,408 square feet. A significant feature is the 18,000 square foot ballroom, suitable for events, concerts, conferences, or creative projects. The property is zoned commercial and includes five leases, generating a monthly income of approximately $11,800. Current tenants include a tax office (2,000 square feet, $1,800 monthly), an appliance store (8,000 square feet, $4,000 monthly), an audio store (1,000 square feet, $1,000 monthly), a convenience store (1,500 square feet, $1,500 monthly), and Casa Loma (10,000 square feet, $3,500 monthly). The Casa Loma space is currently under market value, with potential market rent estimated at $10 per square foot, potentially increasing the total monthly rent to $23,300. The property includes equipment, furniture, and fixtures. A new TPO roof was installed within the last 5 years, and the four 10-ton HVAC units were replaced 4 years ago. Three boilers were replaced in 2023. The property's tax IDs are 1515-00-0330-0 and 1515-00-0530-0. The 2024 taxes are $3,218.66 and $19,279.39.
Key Highlights
- Historic 18,000 sq ft ballroom suitable for events, concerts, conferences, or creative endeavors
- Existing leases generate approximately $11,800 in monthly income
- Includes 2 buildings with a total of 25,750 sq ft and 3,408 sq ft of commercial space
Property Analytics
Location Intelligence
Current Use by Public Records
Shopping centers
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FAQs
What type of property is this?
Shopping center - Versatile commercial space with income-producing leases and historic ballroom.
Where is this shopping center located?
The property is located at 2719-2729 & 2709-2711 Cherokee St St. Saint Louis, MO.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Historic 18,000 sq ft ballroom suitable for events, concerts, conferences, or creative endeavors; Existing leases generate approximately $11,800 in monthly income; Includes 2 buildings with a total of 25,750 sq ft and 3,408 sq ft of commercial space
