An excellent opportunity to acquire a 100% leased commercial building in the heart of Vashon. With just over 6,700 square feet of interior space, this well-located asset features a strong and diverse tenant mix. Tenants include a bustling café, quaint retail shops, professional offices, and an established credit union - all providing stable and reliable income. 135' of frontage along a main thoroughfare with 18 parking spaces. The central location offers excellent visibility, steady foot traffic, and long-term tenant appeal. Well maintained with flexible layouts, the property presents immediate cash flow and reduced vacancy exposure. Ideal for investors or 1031 exchange buyers seeking a core commercial asset with long-term stability.
Vashon Suites: a premier commercial investment in downtown Vashon. This fully leased property features two Class A office buildings totaling approx. 9,600 SF, plus two multi-tenant storage buildings with approx. 8,000 SF. A ready-to-build pad offers potential for an additional 5,000 SF office. Exceptional tenants, ample parking, and a prime location make this a rare opportunity. Ideal for investors seeking stable income and future growth. Don't miss this standout asset on Vashon Island.
For transparency, the property was previously pending twice with the same buyer. Both transactions concluded solely due to buyer financing limitations. During escrow, buyer due diligence was completed including inspections and geotechnical review, which returned favorable findings and did not identify material property related concerns. This clarity provides confidence and allows the next buyer to move forward with stronger certainty. A rare opportunity to create a premier destination on Vashon Island just seconds from the ferry. This dynamic mixed use property offers a fully equipped commercial kitchen, permitted bar and restaurant space, three residential apartments, on site parking for six, and exceptional flexibility for hospitality, events, boutique lodging, or a hybrid live work investment. The existing infrastructure provides immediate functionality while leaving meaningful room for future vision including rooftop activation, expanded experiential programming, and brand driven concepts designed to serve both locals and visitors. Positioned in one of the island’s most visible and accessible locations, this storied property carries strong community recognition and anticipation for its next chapter, offering multiple income streams, existing permits, and long term upside for a visionary operator seeking to establish an iconic Vashon presence.
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Vashon is located in Washington. Vashon, Washington has a population of 10,886. Vashon is less family-centric than the surrounding county with 29.16% of the households containing married families with children. The county average for households married with children is 35.99%.
The median household income in Vashon, Washington is $94,123. The median household income for the surrounding county is $106,326 compared to the national median of $69,021. The median age of people living in Vashon is 49.7 years.
The average high temperature in July is 76.2 degrees, with an average low temperature in January of 36.9 degrees. The average rainfall is approximately 39.9 inches per year, with 3.9 inches of snow per year.