520 & 536 N Cherokee Street Denver, CO $ 2,800,000
520 & 536 N Cherokee Street
$ 2,800,000
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520 & 536 N Cherokee Street

Denver, CO, 80204
$ 2,800,000
Bedrooms-- Baths-- Sq 8,105

Monthly Estimate*

$ 17,468

Listed by BLVD Real Estate Group, LLC
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Commercial Property for sale in Denver, CO

for $2,800,000. This 8,105 square foot building was built in 1963 on a lot size of 0.32.

Rare Central Denver retail + infill opportunity consisting of two contiguous C-MX-8 zoned parcels totaling approx. 14,062 SF, 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 Providing stable retail income with immediate potential to enhance value through rent repositioning, tenant optimization, and strategic asset improvements. At the same time, the C-MX-8 zoning delivers meaningful long-term redevelopment power, allowing up to 8-story mixed-use development, multifamily, medical office, hospitality, or institutional-support uses. Perfect for 55/60+ Active Community because of proximity to the Denver Health/New Broncos Stadium and a WalkScore of 93. Denver Health’s recent acquisition of multiple neighboring Bannock Street parcels (approx. $5.5M) reinforces institutional confidence and sustained growth momentum. Hilton has approved a 96-room LivSmart Extended Stay concept, previously submitted to the City of Denver (Concept Log #2024-CONCEPT-0000128). With core urban positioning, institutional growth adjacency, zoning strength, income in place, and transformational regional development nearby, 520 & 536 Cherokee Street present one of Denver’s most compelling land + income platform opportunities. Future rent growth and demand fundamentals are strongly supported. This asset currently performs at a competitive 3.25% return, with most leases ending in mid '26 this asset offers strong appreciation potential. With next door Denver health expanding on their recent purchase on Bannock, surrounding area of Lincoln/Golden Triangle and transformative Burnham yard Broncos redevelopment. 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.

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Commercial Active

Price

$ 2,800,000

Property Type

Commercial

Taxes

$ 43,304

Style

Free Standing

Lot Size

0.32

Year Built

1963

Town/City

Denver

County/Region

Denver

MLS | Web ID

4442914

Features
General
Sewer Community Sewer
Utilities Electricity Connected Internet Access (Wired) Natural Gas Connected
Roof Shingle Membrane
Zoning C-MX-8
Garage Spaces 0
Construction Materials Brick Frame
Year Built 1963
Electric 110V 220 Volts Phase 3
Stories Count 2
Property Subtype Retail
Tax Year 2025
Current Use Commercial Medical/Dental
Gross Income 141000
County Denver
Operating Expense 48006
Property Type Commercial Sale
Attached Garage N
Status Active
City Denver
Number Of Units Total 5
Lot Size Units Square Feet
Lot Size Square Feet 14062
Carport Spaces 0
Listing Terms Cash Conventional
Tax Annual Amount 43304
Leasable Area 8105
Structure Type Free Standing
Standard Status Active
Occupancy Type Tenant
Cap Rate 3.25
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Exterior
Parking Features Asphalt Concrete
Lot Features Corner Lot
Water Source Public
Total Parking 25
Lot Size Area 14062
Building Area Total 8105
Lot Size Acres 0.32
Road Frontage Type Public
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 520
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* Excluded Features
List By
Blvd Real Estate Group, Llc

Broker

(720) 219-1693

Phone

Affordability Calculator

$21,077
Per Month
83%
17%
0%
Monthly Principal & Interest
$17,468
Monthly Property Taxes
$3,609
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
242254 Elementary School
242425 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/29/2025$2,800,000 Listed Price

Map


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520 & 536 N Cherokee Street, Denver, CO, 80204 is a Commercial Property for sale at $2,800,000 with 8,105 sqft and a lot size of 0.32. 520 & 536 N Cherokee Street was built in 1963. The property's zip code is 80204 which is in Denver, CO