Views
Listed By:
BLVD Real Estate Group, LLC;
Address
536, Denver, CO
Price
$ 2,300,000
Property Attributes
  • MLS#8348843
  • TypeLand
  • Listing Status Active
  • CountyDENVER
  • CityDenver
  • NeighborhoodBaker
  • Zip80204
  • Style
  • Taxes$ 40000
  • Price$ 2,300,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.32 Acres
Data Source:
REColorado (MTOMLS)
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.

Price History
1/9/2026 Listed $2,800,000
7/2/2026 18$2,300,000

General Features

Sewer Public Sewer
Zoning C-MX-8
Exclusions Tenant personal Property
View City,Mountain(s)
Property Subtype Improved Land
Tax Year 2025
Ownership Corporation/Trust
County Denver
Property Type Land
HOA No
Attached Garage No
Subdivision Name Baker
Status Active
City Denver
High School District Denver 1
Lot Size Units Square Feet
Lot Size Square Feet 14062
Listing Terms 1031 Exchange,Cash,Conventional,Other
Tax Annual Amount 40000
Virtual Tour https://youtu.be/DB9m7WTbAy8
Standard Status Active
Elementary School District Denver 1

Exterior Features

Lot Features Corner Lot
Lot Size Area 14062
Lot Size Acres 0.32

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 80204

Price
AVG $910K
$2.3M
Taxes
AVG $13,973
$40,000
Visits
AVG 197
298
Data Provided by Inside Real Estate®