$2,300,000

536 , 520 cherokee, Denver, CO 80204

Land
Built in ——
0.32acre lot
—— car garage
$——/sqft
Listed 5 months ago

Property Description

Rare Central Denver retail + infill opportunity consisting of two contiguous C-MX-8 zoned parcels totaling approx. 14,062 SF, located directly adjacent to the Denver Health main campus and within the influence area of the future Burnham Yard redevelopment and proposed Denver Broncos Stadium District Future rent growth and demand fundamentals are strongly supported. This asset currently performs at a competitive 3.25% return, with most leases ending in mid '26 this asset offers strong appreciation potential. With next door Denver health expanding on their recent purchase on Bannock, surrounding area of Lincoln/Golden Triangle and transformative Burnham yard Broncos redevelopment. At the same time, the C-MX-8 zoning delivers meaningful long-term redevelopment power, allowing up to 8-story mixed-use development, multifamily, medical office, hospitality, or institutional-support uses. Perfect for 55/60+ Active Community because of proximity to the Denver Health/New Broncos Stadium and a WalkScore of 93. Denver Health’s recent acquisition of multiple neighboring Bannock Street parcels (approx. $5.5M) reinforces institutional confidence and sustained growth momentum. Hilton has approved a 96-room LivSmart Extended Stay concept, previously submitted to the City of Denver (Concept Log #2024-CONCEPT-0000128). With core urban positioning, institutional growth adjacency, zoning strength, income in place, and transformational regional development nearby, 520 & 536 Cherokee Street present one of Denver’s most compelling land + income platform opportunities. Property also holds long-term land value potential, making it an attractive hold for investors seeking a combination of current performance and strategic future opportunity.

Listing Status:: Active
Data Last Updated:: July 6, 2026 at 1:19AM
Listing Office:: BLVD Real Estate Group, LLC : 720-884-7359
Listing Agent:: Sunitha Alli : 720-219-1693
MLS ID:: 8348843

Parking: Parking spaces: 0

Originating MLS: recolorado
School District: Denver 1
County: Denver

Zoning: C-MX-8L 13 & 14 BLK 3 BROADWAY TERRACE PEABODYS SUB L 11 & 12 BLK 3 BROADWAY TERRACE PEABODYS SUB05102030090000510203010000
View: CityMountain(s)

Sewer: Public Sewer

Source: recolorado
Ownership: Corporation/Trust
Exclusions: Tenant personal Property

This listing courtesy of Sunitha Alli , BLVD Real Estate Group, LLC

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