Former Gas Station Site on Westside Sells in $18MM Deal

A former Esso gas station site at the Southeast corner of West 10th Ave and Alma has been sold by Imperial Oil to Landa Global Properties for $18,118,000. The 23,201 SF, C-2 zoned site had been vacant for several years as part of remediation, and was listed for sale by tender process by Cushman Wakefield.

The price represents $311 per buildable SF based on the development potential under the existing C-2 zoning for 2.5 FSR.