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.
Lot/land
Price cut: $500K (7/2)
$2,300,000
536 , 520 cherokee, Denver, CO 80204
--beds
--baths
0.32Acres
Improved Land
Built in ----
0.32 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Core urban positioningInstitutional growth adjacency
- 233 days
- 26
- 2
Zillow last checked:
Listing updated:
Listed by:
Sunitha Alli 720-219-1693 rori.advisors@gmail.com,
BLVD Real Estate Group, LLC
Source: REcolorado as distributed by MLS GRID,MLS#: 8348843
Facts & features
Interior
Video & virtual tour
Property
Features
- Has view: Yes
- View description: City, Mountain(s)
Lot
- Size: 0.32 Acres
- Features: Corner Lot
Details
- Parcel number: 0510203009000, 0510203010000
- Zoning: C-MX-8
- Special conditions: Standard
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
Community
- Subdivision: Baker
HOA
- Has HOA: No
Location
- Region: Denver
Financial & listing details
- Annual tax amount: $40,000
- Date on market: 1/9/2026
- Listing terms: 1031 Exchange,Cash,Conventional,Other
- Exclusions: Tenant Personal Property
- Ownership: Corporation/Trust
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/2/2026 | Price change | $2,300,000-17.9% |
Source: | ||
| 1/9/2026 | Listed for sale | $2,800,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: Baker
Nearby schools
Schools provided by the listing agent
- District: Denver 1
Source: REcolorado as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.






