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Iskalo Development mulls reuse of former Valvoline site in Amherst

Iskalo Development has bought a former Valvoline Instant Oil Change in Amherst and is weighing how it will reuse the property.

Iskalo paid $200,000 to buy the parcel at 5105 Sheridan Drive, at the corner of Mill Street, from Buffalo Lube Realty LLC, according to public records.

David Chiazza, Iskalo's executive vice president, said the developer had the property under contract for about a year but didn't close on the sale until last week as it waited for the previous owner to clean up lubricants and other contaminants from the site.

Iskalo already owns the neighboring parcel at 5117 Sheridan, a former Burger King, purchased in 2016 for $715,000, as well as a house behind the commercial properties.

Iskalo is considering whether to develop the commercial parcels jointly or separately, but buying the Valvoline site gives the company more options, Chiazza said.

 

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