520 Cherokee Street, Denver, CO 80204

Property Description

Rare opportunity to own a standalone two-story building adjacent to the Denver Health campus. The property offers approximately 5,441 SF above grade on a 7,000 SF lot with flexible C-MX-8 mixed-use zoning. Currently configured as three separate office suites, the building includes multiple private entrances, 8 rooms, 4 bathroms, reception/office areas, private rooms, restrooms, and 17 on-site parking spaces. The property previously produced approximately *** $95,400 in annual gross rental income ***, demonstrating its income potential. *** USES: A buyer may continue using the building as professional office space, or explore converting the top floor (or entire place) into a residential unit have the option of leasing the first-floor suites, each with its own separate entrance. The layout offers excellent flexibility for an owner-user, investor, or future live/work concept. *** Residential or live/work conversion would be subject to buyer verification and required City approvals. Located steps from Denver Health and near Broadway, Lincoln, 6th Avenue, Baker, and Speer, the property is well suited for medical, wellness, therapy, professional office, administrative, creative, live/work, or redevelopment uses. A unique C-MX-8 opportunity with existing income history, dedicated parking, multiple access points, and significant long-term upside in a highly strategic central Denver location. Please contact listing agent at 720 219 1693 to setup a tour.