Got $1.4 million? Get a West Seattle gas station!

February 28, 2012 at 12:32 pm | In Triangle, West Seattle news | 15 Comments

Next chapter in the saga of the shuttered, fenced-off gas station at a very prominent spot, Fauntleroy/Alaska in The Triangle: It’s now officially up for sale, asking price $1.4 million. Back in August, its former owner told us – months after closing it while in the process of changing brands – that he expected it to be taken over by a bank, and the new listing confirms that (“property is being sold as-is through receivership”). They’ve put out a “call for offers” with a March 21st deadline. (Here’s the brokers’ website, photos and all.)

15 Comments

  1. “Broker’s website” link actually leads to a previous WSB article on the property! :-)

    .

    Mike

    Comment by miws — 12:51 pm February 28, 2012 #

  2. Doesn’t the Shell across the street have a notice of land use action posted? Thought I saw that as I drove past last night.

    Comment by Barb — 1:05 pm February 28, 2012 #

  3. As much as I hate to see a gas station on such a “prominent” corner, I did find that location to be the easiest to get in and out of to get gas while heading out of West Seattle. I’m guessing another station will take its place.

    Comment by Cowpie — 1:36 pm February 28, 2012 #

  4. Seems awfully pricey compared to the listings for others, such as this one on Lake City way for $385k.

    http://www.commercialmls.com/index.cfm?fuseaction=property.detailBO&ln=118431

    Comment by Bouncer — 2:04 pm February 28, 2012 #

  5. Barb – we have mentioned that before. They are in the permit process for having underground tanks removed/replaced. – TR

    Comment by WSB — 2:05 pm February 28, 2012 #

  6. Oh ouch. Well, it’s linked from the other listing, but I’ll fix, thanks, Mike.

    Comment by WSB — 2:05 pm February 28, 2012 #

  7. Is it TOO soon to ask again the weekly question…what’s happening with “the hole”? Now that it’s out of legal limbo and clear and freely owned…are they going to fill it in and or build into the pit sometime soon?

    Comment by Dave — 3:00 pm February 28, 2012 #

  8. Dave – we keep trying to get comment on this. The spokespeople for the owners are resolute in not commenting. We are also watching it on a variety of fronts. I would say it’s a pretty safe bet it will get built in/on … question is when, and exactly what. Its owners continue to keep it on their website as a mixed-use development, but without specifics. – TR

    Comment by WSB — 3:37 pm February 28, 2012 #

  9. I think that area could be a nice green space. Some evergreens and other plants would add a little contrast to all of the concrete buildings and streets in that area. But I know the city doesn’t have the money to purchase the lot, so it’s not going to happen without some private money.

    Comment by Chris — 3:42 pm February 28, 2012 #

  10. 1.4 million? Seems high considering any buyer will have to decontaminate before anything can be built there.
    -
    As long as we’re on the block, what’s the status of the Highline facility going into the Cycle U building?

    Comment by Peter on Fauntleroy — 5:33 pm February 28, 2012 #

  11. Those types of cleanups (if there is a release, and I suspect there was because of the monitoring well cover) can run $150K to $500K or more. This usually is off-set by a lower, not higher, price.

    Comment by JayDee — 7:22 pm February 28, 2012 #

  12. The listing on Lake City Way is for the business only. It does not include the real estate.

    Comment by Bigmike — 9:21 pm February 28, 2012 #

  13. A Green Space is a great idea! Who wouldn’t want to sit on a tiny piece of property at the intersection of two busy traffic arterials choking on car and truck exhaust while the traffic roars by?
    We are destroying our environment with our fossil-fuel cars, so we think we can console ourselves by getting a glimpse of a tiny piece of what used to be from the driver’s seat of our gas-hog SUVs.

    Comment by Randy B — 6:43 am February 29, 2012 #

  14. Randy….I agree. The first step is to limit the number of children to a max of 2. All this happens because of human encroachment.

    Comment by Cowpie — 9:42 am February 29, 2012 #

  15. I said green space not a park you silly people. Car’s aren’t going away anytime soon so might as well enjoy the green where you can get it. Plus the trees might provide a natural way to clean the soil.

    Comment by Chris — 1:40 pm March 1, 2012 #

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