32
See all 32 photos
$2,800,000
Est. payment /mo
8,105 SqFt
New
520 & 536 N Cherokee ST Denver, CO 80204
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 8,105 sqft
Price per Sqft $345
MLS Listing ID 4442914
HOA Y/N No
Year Built 1963
Annual Tax Amount $43,304
Tax Year 2025
Lot Size 0.323 Acres
Acres 0.32
Property Sub-Type Retail
Source recolorado
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
Providing stable retail income with immediate potential to enhance value through rent repositioning, tenant optimization, and strategic asset improvements. 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.
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.
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.
Providing stable retail income with immediate potential to enhance value through rent repositioning, tenant optimization, and strategic asset improvements. 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.
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.
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.
Location
State CO
County Denver
Zoning C-MX-8
Interior
Fireplace N
Exterior
Parking Features Asphalt, Concrete
Utilities Available Electricity Connected, Internet Access (Wired), Natural Gas Connected
Roof Type Shingle,Membrane
Total Parking Spaces 25
Garage No
Building
Lot Description Corner Lot
Sewer Community Sewer
Water Public
Structure Type Brick,Frame
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
© 2026 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by BLVD Real Estate Group, LLC
GET MORE INFORMATION
QUICK SEARCH
- Homes For Sale in Littleton
- Homes For Sale in Denver
- Homes For Sale in Lakewood
- Homes For Sale in Highlands Ranch
- Homes For Sale in Morrison
- Homes For Sale in Lone Tree
- Homes For Sale in Centennial
- Homes For Sale in Greenwood Village
- Homes For Sale in Parker
- Homes For Sale in Castle Pines
- Homes For Sale in Castle Rock
- Homes For Sale in Arvada
- Homes For Sale in Wheat Ridge
- Homes For Sale in Golden
- Homes For Sale in Meadow Ranch
- Homes For Sale in Ken Caryl
- Homes For Sale in Westminster
- Homes For Sale in Aurora