The WIN Realty & Properties Team is excited to present an amazing opportunity to add value 700 Vermont Street Shell Gas Station LA large as 24,488 SF land prime corner lot on Vermont Ave., C2-C2 Wilshire Community Plan-Commercial Zone, located at 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 are NO Gas Stations in close proximity presenting a unique opportunity, appealing future investments with several options to overlook. Executive Summary !!! * The subject property consists of two parcels featuring a Gas Station / Self Carwash (Absentee Business) * In year of 2022, Mechanic shop has been converted into Convenience Store and Self-Carwash invested $1.2M by current owner. * Current asking $572 p/s/f, however it can easily forecast price to surpass well beyond $700/SF - $800/SF with more traffic upside convenience store revenue has kick in since year of 2022 *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. *Infrastructure Future Mixed Use or Residential Redevelopment Opportunity Project – Signalized Corner – Dense, Infill, Tier 4 TOC and Opportunity Zone-variety of development bonuses and tax incentives available *Anywhere from 66 dwelling units to 121 dwelling units / 121 Room, 112,761 SF max floor area additional 33’ in height available with incentive, no required parking. * A truly rare opportunity with tremendous development with a strong income portfolio to be added to your assets!!!!