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C-MX-8 Zoned Land Parcels

536 520 cherokee Denver, CO 80204

536 520 cherokee, Denver, CO, 80204
$2,800,000
For Sale
$2,800,000

Two contiguous C-MX-8 parcels positioned adjacent to Denver Health’s main campus.

Lot Size0.32 Acres
Days on Market86

Property Features for 536 520 cherokee

General Information

Standard status
Active
Lot size
0.32 Acres
Property subtype
Land
Listing agency BLVD REAL ESTATE GROUP, LLC
Listed by Sunitha Alli
Source Elliman
Added: Apr 28 Updated: Jul 21 at 4:21PM Checked: Jul 21 at 4:21PM

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.

520 & 536 Cherokee Street offer two contiguous C-MX-8 zoned parcels totaling approximately 14,062 SF. The site is currently providing income with a reported competitive 3.25% return, and most leases are described as ending in mid-’26. The zoning is noted as allowing up to 8-story mixed-use development, including multifamily, medical office, hospitality, or institutional-support uses.

The property is presented as directly adjacent to the Denver Health main campus. The remarks also describe the location within the influence area of the future Burnham Yard redevelopment and a proposed Denver Broncos Stadium District, with walkability and transit access cited by the provided Walk Score (90), Bike Score (85), and Transit Score (51).

Additional updates highlighted include Denver Health’s recent acquisition of nearby Bannock Street parcels, and an approved concept by Hilton for a 96-room LivSmart Extended Stay concept previously submitted to the City of Denver (Concept Log #2024-CONCEPT-0000128).

Key Highlights

  • Two contiguous C‑MX‑8 zoned parcels totaling approx. 14,062 SF.
  • Located directly adjacent to the Denver Health main campus.
  • WalkScore 90 (Walker’s Paradise), bikeScore 85 (Very Bikeable), and transitScore 51 (Good Transit).

Property Analytics

Location Intelligence

Current Use by Public Records

Milagro Restaurant

Suggested Use

Daycare Center (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Mobile Phone Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Clothing & Fashion Store Clothing & Fashion Store Nursing Home (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Commercial land - Two contiguous C-MX-8 parcels positioned adjacent to Denver Health’s main campus.
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: Two contiguous C‑MX‑8 zoned parcels totaling approx. 14,062 SF.; Located directly adjacent to the Denver Health main campus.; WalkScore 90 (Walker’s Paradise), bikeScore 85 (Very Bikeable), and transitScore 51 (Good Transit).
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