Listed by Evergreen Resimercial Realty LLC
$350,000
Commercial Property for Sale on Cherokee Street
Details
Property Type Mixed Use, Retail
Sub Type Bar, Restaurant
Square Footage 3,621
Units 1
Price per SqFt $97
Class C
Lot Size (SqFt) 4,720
Zoning G
Sale Condition Distressed
Mixed Use | 3,621 SqFt
Marketing description
2643–2645 Cherokee Street — Once an elegant ballroom, this solid brick building offers 3,621 SF of flexible space with a large 2,346 SF upper residential apartment and a full‑width basement. Features a full commercial-capable kitchen suitable for catering or restaurant use, abundant off‑street parking, high ceilings and great bones. Property needs a full renovation — a rare blank canvas perfect to reimagine as a banquet center, restaurant, bar, lounge, event venue or mixed‑use conversion. Excellent location on Cherokee Street with strong street presence and limitless potential for a creative owner/developer.
Investment highlights
- Rare historic ballroom property with strong character and curb appeal
- 3,621 total SF offering diverse revenue streams
- 2,346 SF upper residential apartment provides immediate rental/income potential
- Full‑width basement adds usable square footage for storage, back‑of‑house, or additional revenue use
- Commercial‑capable full kitchen — ready for catering, restaurant, or events operation
- Abundant off‑street parking — critical for events and restaurant patrons
- High ceilings and open floorplan ideal for banquet center, lounge, bar, or adaptive reuse
- Value‑add opportunity: needs full renovation, allowing investor to increase value through repositioning
- Strong location on Cherokee Street with foot traffic and neighborhood revitalization momentum
- Opportunity to qualify for historic or rehabilitation incentives (subject to eligibility) to offset renovation costs
Listing Contacts
Listed by Evergreen Resimercial Realty LLC
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