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536 , 520 Cherokee

Denver, CO 80204
  • $2,800,000
  • STATUS: Active
  • ON SITE: 8 Days
  • ID#: 8348843
UPDATED: 66 min ago
$2,800,000
  • 0
    BEDS
  • 0.32
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:
Area:

School Ratings & Info

School District:
REcolorado logo Offered by BLVD Real Estate Group, LLC.

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.

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Based on information submitted to the MLS GRID as of 2026-01-17T20:22:00.167 (date and time MLS Grid Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

REcolorado logo © 2026 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

www.citysummitgroup.com/homes/171934414
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536 , 520 Cherokee Denver, CO 80204

  • Price: $2,800,000
  • Status: Active
  • On Site: 8 Days
  • Updated: 66 min ago
  • ID#: 8348843
0
Beds
0
Baths
0
½ Baths
0.32
Acres
Neighborhood:
Baker
County:
Denver
Area:
Denver
School District:
Denver 1
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.
Exterior Features

Attached Garage YN No Carport Spaces 0 Lot Features Corner Lot Lot Size Area 14062 Offstreet Spaces 0 Parking Total 0 Rv Spaces 0 View CityMountain(s)

Property Features

Association Fee Annual 0.00 Association Fee Total Annual 0.00 Association Fee2 Annual 0.00 Association Fee3 Annual 0.00 Association YN No Comparable Listing YN No Exclusions Tenant personal Property Listing Terms 1031 ExchangeCashConventionalOther Ownership Corporation/Trust Property Sub Type Improved Land Restrictions Covenants YN No Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 40000 Tax Legal Description L 13 & 14 BLK 3 BROADWAY TERRACE PEABODYS SUB L 11 & 12 BLK 3 BROADWAY TERRACE PEABODYS SUB Tax Year 2025 Water Included YN Yes Zoning C-MX-8

REcolorado logo Listing courtesy of BLVD Real Estate Group, LLC:rori.advisors@gmail.com,720-219-1693. MLS #8348843


Based on information submitted to the MLS GRID as of 2026-01-17T20:22:00.167 (date and time MLS Grid Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

REcolorado logo © 2026 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

 
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Portenga Properties | Coldwell Banker Global Luxury Real Estate
201 Columbine Street, Suite 200
Denver CO, 80206
REcolorado logo Offered by BLVD Real Estate Group, LLC.