A small Echo Park commercial building that was destroyed in a fire last October is now up for sale. The brick shell of the building at the corner of Belmont Avenue and Palo Alto Street next to the 101 Freeway now serves as an unofficial gallery for street artists, who have painted over the interior of the now roofless structure.
The ruined building and nearly 18,000-square foot lot is being sold “as-is” for an undisclosed price, according to the listing on LoopNet. The now ruined property has “excellent development potential” as well as an “excellent Echo Park location” and “excellent visibility and frontage on the 101 Freeway.”
What kind of development is suitable for such excellence? A gas station or drive-through Starbucks?