Denver Retail Infill
536 cherokee Denver, CO 80204
536 cherokee, Denver, CO, 80204
$2,300,000
For Sale
$2,300,000
Two contiguous parcels near Denver Health with redevelopment potential.
Lot Size0.32 Acres
Days on Market193
Property Features for 536 cherokee
General Information
- Standard status
- Active
- Lot size
- 0.32 Acres
- Property subtype
- Land or Vacant Lot
Listing agency
BLVD REAL ESTATE GROUP, LLC
(720) 884-7359
Listed by
SUNITHA ALLI
Source
Corcoran
Added: Jan 9 Updated: Jul 10 at 3:46PM Checked: Jul 21 at 5:13AM
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
Location Intelligence
Current Use by Public Records
Milagro
Restaurant
Similar For Sale Nearby
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.
