4440 Jason Street
Covered-land auto-repair and office property in Denver's Sunnyside neighborhood, offered at $1,300,000 with $30,654 NOI. The 0.41-acre site is zoned I-A/UO-2 and improved with a 3,200 SF house/office and garage, currently leased to an auto sales tenant with more than three years remaining on the lease. The landlord may terminate with 360 days' notice, enabling an owner-user or developer to collect rental income during due diligence and planning while positioning the asset for redevelopment.
Built in 1940 as a single-story, two-building complex, the property sits three blocks from the 41st pedestrian bridge connecting Sunnyside to the planned Fox Park development. The neighborhood is governed by Denver's Near Northwest Area Plan, adopted in January 2024, which emphasizes housing, mobility, and preservation of Sunnyside's historic character. Blueprint Denver identifies a future residential zoning designation for the site, supporting long-term redevelopment potential. Seller financing is available structured as an interest-only loan at the IRS Applicable Federal Rate, offering flexibility to carry the property through its transition.
- Immediate income from existing auto sales lease with 3+ years remaining
- Landlord termination right with 360 days' notice for owner-user or developer transition
- Blueprint Denver identifies future residential zoning; Near Northwest Area Plan adopted January 2024
- Three blocks from 41st pedestrian bridge to planned Fox Park development
- Seller financing available at IRS AFR, interest-only structure
More property details
Location
4440 Jason St. presents a unique covered-land opportunity on a 0.41-acre site in Denver’s Sunnyside neighborhood. Zoned I-A/UO-2, the property is improved with a 3,200-square-foot house/office and auto-repair garage and is currently leased to an auto sales tenant, providing immediate income with more than three years remaining on the existing lease. Located within the Near Northwest Area Plan, adopted by Denver City Council in January 2024, the property benefits from a long-term planning vision focused on neighborhood investment, housing, mobility, and preservation of Sunnyside’s historic character. The site is also just three blocks from the 41st pedestrian bridge connecting Sunnyside to the planned Fox Park development, while Blueprint Denver identifies a future residential zoning designation, supporting its long-term redevelopment potential. The landlord may terminate the existing lease with 360 days’ written notice, allowing an owner-user or developer to generate rental income during due diligence, permitting, and planning. The offering is further enhanced by seller financing structured as an interest-only loan at the IRS Applicable Federal Rate (AFR), providing an attractive way to carry the property through its redevelopment horizon.