Commercial Sale · Active
Denver, CO 80204
$2,300,000
Retail
Property Type
0.32 acres
Lot Size
1963
Year Built
4442914
MLS #
About This Property
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.
300 days on market
Listed by Sunitha Alli · BLVD Real Estate Group, LLC · 720-219-1693
Property Details
| Property Type | Commercial Sale |
| Sub Type | Retail |
| Status | Active |
| MLS # | 4442914 |
| Days on Market | 300 |
| Year Built | 1963 |
| Lot Size (Sq Ft) | 14,062 |
| Acres | 0.32 |
| Annual Taxes | $43,304 |
| State | CO |
| County | Denver |
| Zoning | C-MX-8 |
| Parking Features | Asphalt, Concrete |
| Roof | Shingle, Membrane |
| Lot Features | Corner Lot |
| Construction | Brick, Frame |
| Sewer | Community |
| Water Source | Public |
Location
Price History
| Date | Event | Price |
|---|---|---|
| 7/9/2026 |
Listed for sale Source: REcolorado® #3782258 |
$1,295,000 |
| 7/9/2026 |
Listed for sale Source: REcolorado® #2451002 |
$1,295,000 -43.7% |
| 12/29/2025 |
Listed for sale Source: REcolorado® #4442914 |
$2,300,000 |
Based on information submitted to the MLS GRID as of October 25, 2026 at 8:41 PM MDT. 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.
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