536 cherokee Denver, CO 80204

Listing agency BLVD REAL ESTATE GROUP, LLC r***@gmail.com Show Phone

Listed by SUNITHA ALLI

Source Corcoran

Added: Jan 9 Updated: Jul 10 at 3:46PM Checked: Jul 21 at 5:13AM

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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.

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FAQs

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 cherokee Denver, CO.

What is the asking price?

The asking price for this property is $2,300,000.

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.