520 & 536 N Cherokee ST Denver, CO 80204
0.32 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID 4442914
HOA Y/N No
Year Built 1963
Lot Size 0.323 Acres
Acres 0.32
Property Sub-Type Retail
Property Description
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.
Location
State CO
County Denver
Zoning C-MX-8
Exterior
Utilities Available Electricity Connected, Internet Access (Wired), Natural Gas Connected
Waterfront Description Public
Roof Type Shingle,Membrane
Private Pool No
Building
Lot Description Corner Lot
Sewer Community
Water Public
Others
Tax ID 0510203010000 & 0510203009000
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
- REALTOR ® / Broker Associate License ID: FA.100108858
With more than 20 years in Douglas County, I bring both local knowledge and a personal understanding of how our housing needs change through different seasons of life. As an empty nester who has also experienced multi-generational living firsthand, I especially enjoy helping clients think through what they need from a home today—and what will serve them well in the years ahead.
My approach to real estate is shaped by a diverse professional background. I earned a law degree and spent years in senior corporate leadership, including leading a business division responsible for product acquisition and development, sales, marketing, and overall performance. Today, alongside our real estate business, we own a residential remodeling and handyman company. That combination brings business leadership, strategic negotiation, marketing expertise, legal education, and hands-on knowledge of homes to every transaction.
For sellers, I help determine what’s worth doing—and what isn’t—to prepare and position a home for the best possible result. When updates make sense, our pay-at-close renovation option can help coordinate practical improvements without requiring upfront payment. For buyers, I bring the same thoughtful approach to evaluating a home’s condition, potential, functionality, and long-term value.
Above all, I’m a calm, strategic, and hands-on partner who believes great representation is personal. Whether I’m developing a pricing strategy, negotiating on your behalf, coordinating contractors and staging, or hanging curtains before photos, I treat your move with the same care I would my own.