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1601 S Cherokee St 4,638 SF Retail Building Denver, CO 80223 $1,400,000 ($301.85/SF)

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Investment Highlights

  • Long term billboard lease in place with income
  • Month-To-Month tenant on NNN lease
  • Adjacent to busy large format gas/convenience/car wash
  • New roof installed in 2025
  • Central Denver location with over 90,000 vehicles per day

Executive Summary

1601 South Cherokee Street, Denver, CO 80223 is a hard-corner retail/automotive pad site currently operating as an automotive service center in a prime central Denver location. The property sits near the convergence of several major intersections, corridors, and highway interchanges, providing quick access to I-25, South Broadway, and Santa Fe Drive.
With exceptional visibility along the Santa Fe Drive corridor—seeing over 90,000 vehicles per day—the site offers strong exposure and easy accessibility. The property includes a dedicated parking lot, additional on-street parking, and an extra yard area suitable for storage. The asset also benefits from additional income via a long-term billboard lease. This rare automotive and/or retail pad site presents multiple pathways for a buyer, including maintaining existing income and tenants, an owner-user opportunity, or future redevelopment potential.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Repair
Building Size
4,638 SF
Building Class
C
Year Built
1960
Price
$1,400,000
Price Per SF
$301.85
Tenancy
Single
Building Height
1 Story
Building FAR
0.30
Lot Size
0.36 AC
Zoning
E-CC-3
Parking
18 Spaces (3.88 Spaces per 1,000 SF Leased)
Frontage
197’ on Iowa Ave Ave

Amenities

  • Corner Lot
  • Fenced Lot
  • Freeway Visibility

Nearby Major Retailers

UMB Bank
Sprouts Farmers Market
CrossFit
Whole Foods
Huntington Bank
Bank of Montreal

Property Taxes

Property Taxes

Parcel Number
5226-05-026
Land Assessment
$189,190
Improvements Assessment
$189,190
Total Assessment
$238,470
  • Listing ID: 39467051

  • Date on Market: 2/17/2026

  • Last Updated:

  • Address: 1601 S Cherokee St, Denver, CO 80223

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