Historic Ballroom Investment
2719-2729 & 2709-2711 Cherokee St St., Louis, MO
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Versatile commercial space with income-producing leases and historic ballroom.
Type:RETAIL
Property size:
31,158 SFLot size:
0.39 AcresPrice / SF:
$70/SF- Added:
- Nov 21, 2025
- Days on Market:
- 181
- Last Refresh:
- Apr 5 at 8:23 pm
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 agent Mark R Kramer (314) 221-6278
Listing office Kramer Commercial Realty (314) 221-6278
Listing date Nov 21, 2025
Source Moodyscre
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
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
- New TPO roof installed within the last 5 years
- Three boilers replaced in 2023 and HVAC units replaced 4 years ago
- Sale includes equipment, furniture, and fixtures
Overview
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.
Location Intelligence
Current Use by Public Records
Shopping centers
Similar Places Nearby
- Coin Cloud Bitcoin ATM — 1221 Washington Ave, St. Louis, MO 63103, United States
Map
- City
- Louis
- County
- St. Louis
- State
- Missouri
- Longitude
- -90.1928
- Latitude
- 38.6305
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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. 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
