8389 Cherokee St 3,200 SF 100% Leased Retail Building Denver, CO 80221 $930,000 ($290.63/SF)

8389 Cherokee Street presents an opportunity to acquire a high visibility, freestanding retail/office property positioned on a prominent corner along the 84th Avenue corridor in North Denver. The property benefits from strong street exposure, convenient access, and C-1 zoning, making it well suited for a variety of retail, office, or service-oriented users.
The building contains approximately 3,200 square feet, including a functional main level with 7 private suites/offices and a finished basement that offers additional utility and potential income with 3 large offices. Large storefront windows provide natural light and strong visibility to passing traffic, supporting retail and branding presence. The existing suite configuration creates a compelling opportunity for multi-tenant occupancy, allowing an owner to lease individual offices or suites to multiple users and establish consistent, diversified income streams.
The current layout is well suited for small professional users, medical tenants, and service-based businesses seeking affordable and flexible space. This multi-suite configuration positions the asset as a potential income-producing property, with the ability to stabilize cash flow through staggered leasing or short-term tenant agreements while maintaining flexibility for future owner-user occupancy.
The property sits on approximately 0.18 acres and includes 9 on-site parking spaces. Its corner positioning enhances access and visibility from multiple directions.
Located just minutes from Interstate 25, the property provides excellent regional connectivity to both downtown Denver and the broader metro area. The surrounding trade area includes a dense residential population, established neighborhood retail, and a mix of service and light industrial users, supporting consistent tenant demand and long-term occupancy potential.
The C-1 zoning designation allows for a broad range of commercial uses, creating flexibility for both owner users and investors. Potential uses include retail, medical, professional office, personal services, or specialty concepts seeking a visible and accessible location.
This asset represents a compelling opportunity for an owner user seeking to offset occupancy costs through supplemental rental income, or for an investor targeting a value add, income-producing property in a supply constrained segment of the market. The ability to lease multiple suites, combined with strong visibility and access, supports both immediate income potential and long-term upside through lease-up and repositioning. Smaller freestanding commercial properties with this level of functionality and exposure are limited in the North Denver area.