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536 , 520 cherokee, Denver, CO, 80204

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MLS #REC8348843 image #0

536 , 520 cherokee, Denver, CO, 80204

Beds
0 Baths
SqFt
0.32 Acres

Listing Id

REC8348843
$2,300,000

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.

Property Details
Price:
$2,300,000
MLS #:
REC8348843
Status:
Active
Beds:
0
Baths:
0
Type:
Land
Subtype:
Improved Land
Subdivision:
Baker
Lot Size:
14,062 sqft / 0.32 acres (approx)
BakerDenver 1
Interior
Exterior
Lot Features
Corner Lot
View
City, Mountain(s)
Schools
School District:
Denver 1
Financial
Tax Year
2025
Taxes
$40,000

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536 , 520 cherokee
Denver, CO