3147 Cherokee St 2,752 SF 100% Leased Retail Building Saint Louis, MO 63118 $395,000 ($143.53/SF)

This investment property on vibrant Cherokee Street offers a rare sale-leaseback opportunity with immediate income. The seller will execute a new five-year lease at closing, ensuring stability for investors. The building features a well-maintained restaurant space on the ground floor and a flexible second floor that can be converted into a two-bedroom apartment, creating additional revenue potential. Recent upgrades enhance the property’s appeal, while rear and street parking add convenience. Located in a thriving corridor known for its eclectic mix of dining, retail, and cultural attractions, this asset positions buyers to capitalize on strong foot traffic and neighborhood growth. With multiple income streams and value-add upside, this property is ideal for investors seeking long-term returns in one of St. Louis’s most dynamic districts.