Denver Retail Infill
For Sale
$2,800,000
536 520 cherokee, Denver, CO 80204
Two contiguous parcels near Denver Health with redevelopment potential.
Property SizeContact for details
Lot Size0.32 Acres
Days on Market240
Property Features for 536 520 cherokee
General Information
Standard status
Active
Lot size
0.32 Acres
Property subtype
Lots/Land
Taxes and HOA fees
Annual Taxes
$40,000
Listing Agency:
BLVD Real Estate Group, LLC
(720) 884-7359
Listed By:
Sunitha Alli · License #100109094
(720) 219-1693
Source:
Exitrealty
Added: Jan 10
Changed: Sep 4
Last Checked: Sep 7 at 5:47AM
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
Investment Insights
Based on property information with market context.
This rare central Denver opportunity features two contiguous parcels zoned C-MX-8, totaling approximately 14,062 square feet. The property is 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 C-MX-8 zoning allows for up to 8-story mixed-use development, multifamily, medical office, hospitality, or institutional-support uses. The property 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 currently performs at a competitive 3.25% return, with most leases ending in mid '26. The property holds long-term land value potential, making it an attractive hold for investors seeking a combination of current performance and strategic future opportunity.
Key Highlights
- Rare Central Denver location adjacent to Denver Health main campus.
- C‑MX‑8 zoning allows for high‑density, mixed‑use redevelopment up to 8 stories.
- Strong appreciation potential due to lease expirations in mid‑2026.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
6,040
Businesses Nearby
Explore this area
Business Placement
Demographics for 80204, CO
35,269
Population
18,378
Households
1.9
Avg Household Size
33
Median Age
51%
College-Educated
89%
High-School Grad
5.5 sq mi
ZIP Area
6,413
Density / Sq Mi
$79,265
Median Household Income
$58,860
Median Earnings
$1,724
Median Rent
$579,900
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Two contiguous parcels near Denver Health with redevelopment potential.
Where is this commercial land located?
The property is located at 536 520 cherokee 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: Rare Central Denver location adjacent to Denver Health main campus.; C‑MX‑8 zoning allows for high‑density, mixed‑use redevelopment up to 8 stories.; Strong appreciation potential due to lease expirations in mid‑2026.
