520 Cherokee St, Denver, CO 80204

Property Description

Two-story building adjacent to the Denver Health campus. 5,441 SF above grade on a 7,000 SF lot with flexible C-MX-8 mixed-use zoning. *** $95,400 in annual gross rental income ***, 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. *** USES: A buyer may continue using the building as professional office space, or --- explore converting the top floor or entire place into a residential --- . 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. C-MX-8 Zoning for future redevelopment. 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.