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520 & 536 N Cherokee St Denver, CO 80204

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For Sale
$2,800,000

Two contiguous parcels near Denver Health with redevelopment potential.

Type:Commercial
Lot size:
0.32 Acres
Added:
Apr 24, 2026
Days on Market:
4
Last Refresh:
Apr 24 at 3:45 pm

Property Features for 520 & 536 N Cherokee St

General Information

Standard status
Active
Lot size
0.32 Acres
Property subtype
Commercial

Building Details

Year Built
1963

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Listing Contact
Sunitha Alli

Listing agent Sunitha Alli

Listing office BLVD Real Estate Group, LLC

Listing date Apr 24, 2026

Source Elliman

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of BLVD Real Estate Group, LLC


Overview

Denver Retail Infill Opportunity

This rare central Denver opportunity features two contiguous parcels totaling approximately 14,062 square feet. Zoned C-MX-8, the parcels are 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. The zoning allows up to 8-story mixed-use development, multifamily, medical office, hospitality, or institutional-support uses. The property offers stable retail income with immediate potential to enhance value through rent repositioning, tenant optimization, and strategic asset improvements. The location is suitable for a 55/60+ active community due to its proximity to Denver Health and the new Broncos Stadium, with a WalkScore of 93. Denver Health’s recent acquisition of neighboring Bannock Street parcels reinforces institutional confidence and sustained growth momentum. Hilton has approved a 96-room LivSmart Extended Stay concept. The property has a bikeScore of 85, indicating it is very bikeable, and a transitScore of 51, indicating good transit options. The asset currently performs at a competitive 3.25% return, with most leases ending in mid '26. The surrounding area includes the Lincoln/Golden Triangle and the transformative Burnham Yard Broncos redevelopment. The 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 Intelligence

Current Use by Public Records

Artistic Body Development Gym & Fitness Center SassiFit Dance Fitness ... Gym & Fitness Center Catalyst Physical Therapy Physician Wedding Dance Coach Training Center Amy Valenta Physician

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Daycare Center Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Denver
County
Arapahoe
State
Colorado
Longitude
-104.9918017
Latitude
39.7247212

FAQs

What type of property is this?
Retail space - Two contiguous parcels near Denver Health with redevelopment potential.
Where is this retail space located?
The property is located at 520 & 536 N Cherokee St Denver, CO.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: High‑density C‑MX‑8 zoning allows for 8‑story mixed‑use development.; Strategic location adjacent to Denver Health main campus.; Stable retail income with immediate potential to enhance value.
More about this property
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