Movoto Real Estate
Sunitha Alli of BLVD Real Estate Group, LLC

536 520 Cherokee, Denver, CO 80204

$2,300,000
  • —

    bed

  • —

    bath

  • 0.32

    Acre ($7.12M/Acre)

Lot/Land for sale 281 days
$500K price drop

About 536 520 Cherokee

Property type Lot/Land
Neighborhood
HOA fee $0/month
Lot size 0.32 Acre
Property description
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 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. 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. 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.
Listed by
Listing Agent - Sunitha Alli
Listing Office - BLVD Real Estate Group, LLC
Source: REcolorado MLS mls logo
MLS#8348843 • last updated 3 months ago
Movoto checked REcolorado MLS for data 8 minutes ago
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Overview
SubType Improved Land
Virtual Tour External Link
Type Land
MLS # 8348843
Status Active
Lot Size (SqFt) 14062
Property Tax 40000
Exterior
Lot Features Corner Lot
Location
View City, Mountain(s)
County Denver
Subdivision Baker
Elementary School District Denver 1
High School District Denver 1
APN 0510203009000, 510203010000
Zoning C-MX-8
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Around Baker

Explore everything this neighborhood has to offer. Learn more about Baker.
87/100
Walk
62/100
Family
96/100
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100/100
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  • Real Estate
  • CO
  • Denver County
  • Denver
  • 80204
  • Baker
  • 536 520 Cherokee

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