Gas Station For Sale ( Including Land) Location!! Location!!
Property Description
Shell Gas Station / Express Car Wash Operation Currently.
@Located at the Signalized Intersection of Vermont Ave and 7th St.
28,500 vehicles /day !! Heavy traffic intersection, major location within K town.
Two Parcels, Redevelopment Opportunity, Future Hotel, Condo Development Site.
No Height Limitations !! TIER-4-TOC highest, C2-1 Zoning, Opportunity Zone.
Enterprise Zone!!! Location !! Location !! Location !!
@Located at the Signalized Intersection of Vermont Ave and 7th St.
28,500 vehicles /day !! Heavy traffic intersection, major location within K town.
Two Parcels, Redevelopment Opportunity, Future Hotel, Condo Development Site.
No Height Limitations !! TIER-4-TOC highest, C2-1 Zoning, Opportunity Zone.
Enterprise Zone!!! Location !! Location !! Location !!
About the Property
- Type
- Retail
- Building Status
- Established
- Facilities & Assets
- The WIN Realty & Properties Team is excited to present an amazing opportunity to add value 700 Vermont Street Shell Gas, LA large as 24,488 SF land prime corner lot on Vermont Ave., C-C2 Wilshire Community Plan-Commercial Zone, located at the signalized intersection of Vermont & 7th with +/- 28,500 vehicles/day traffic count. The current Shell Gas Station is pumping approximately +-135,000 gallons per month, there is NO Gas Station in close proximity presenting a unique opportunity; appealing future investments with several options to overlook.
- Location Description
- Tier 4 TOC and Opportunity Zone-variety of development bonuses and tax incentives available
*Located at the signalized intersection of Vermont Ave and 7th St with +/- 28,500 vehicles/day
*The subject property consists of two parcels featuring a gas station / Self Carwash (Absentee Business)
Located at the signalized intersection of Vermont Ave and 7th St with +- 28,500 vehicles/day - Current and Prior Use
- *Converted mechanic shop into the convenience store and self-carwash at a cost of 1.2M (completed in March 2022)
*Covered land play - A savvy investor can purchase and operate the gas station for immediate income while obtaining permits
*Asking is $622/SF now, however, we can easily forecast the price to rise well beyond $750/SF - $800/SF as the time passes by - Year Built
- 1970
About the Sale
- Furniture, Fixings and Equipment
- Included in Asking Price
- Financing
- New Commercial Loan
- Current Property Expenses
- *Add ONE MORE Express Car Wash on top of current self wash, explore gold mine advantage of High Traffic on the busiest roads, highlighting potential benefits of heavy traffic on major streets in LA.
*Future Mixed Use or Residential Redevelopment Opportunity Project – Signalized Corner – Dense, No required parking.
Listing Info
- ID:
- 2308395
- Listing Views:
- 2882
Attached DocumentsAttachment Disclaimer
Business Location
Listing ID: 2308395 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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