2730 Cherokee St St St. Louis, MO 63118
- Retail properties
- 6,254 SF
Current Use by Public Records
- Retail properties
Property Details for 2730 Cherokee St St
- Property size
- 6,254 SF
- Property type
- Retail properties
Description
This exceptional investment opportunity presents a 6,254 square foot retail property located at 2730 Cherokee Street in St. Louis, Missouri, 63118. Priced at $500,000, this property offers significant potential. Currently, the space is partially occupied by two tenants, with one vacancy that has been recently prepared with a white-box finish, ready for immediate occupancy. The property boasts a new roof and benefits from a G zoning designation, allowing for maximum flexibility in usage. Situated in the vibrant Cherokee Street District, this location enjoys a high daytime population of 16,907 within a one-mile radius, ensuring a consistent flow of potential customers. The surrounding area also demonstrates strong demographics, with a median household income of $58,997 within a one-mile radius. This translates to a robust consumer base for any business operating within this space. This is a rare chance to acquire a prime retail property in a thriving neighborhood, offering both immediate income potential and long-term growth prospects. The combination of existing tenants, a prepared vacant space, and a desirable location makes this an attractive investment opportunity.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- St. Louis
- County
- Saint Louis
- State
- Missouri
- Longitude
- -90.2292
- Latitude
- 38.5935