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JRJeff ReynoldsCompass · Seattle
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Listed by Erica Dorland, Lake & Company

Land
Type
129,373 sq ft
Lot
0
Days on market

About this property

Rare development opportunity on Vashon Island! This 3-acre undeveloped corner lot in rural Vashon township comes nearly shovel-ready with completed Design Development for a stunning 10,000 SF retail market, designed by the highly acclaimed team of Floisand Studio Architects and Karen Kiest, Landscape Architects. The plan features a thoughtful series of single-story retail spaces connected by skylit breezeways, encircling a multifunctional open-air courtyard designed for dining, community gatherings, and play — complete with a sustainable rainwater harvesting system. Positioned directly across from the original K2 manufacturing plant, this property offers highly desirable split zoning (Commercial Business & Residential), with potential to add residential units on the 1-acre residential-zoned portion. The property also includes 1 coveted District 19 water share. The north end of the market is perfectly positioned for a flagship anchor tenant, giving an investor or operator the ability to secure an immediate draw for the entire development from day one. Submit for permit and bring your dream team builder to execute this context-driven, enduring architectural landmark in a prime island location. A rare package of completed pre-development work — including Design Development documents, 95% Permit Drawings, Traffic Study, Geotech Report, Landscape Design, and Survey — puts this project years ahead of a typical ground-up acquisition.

Location & commute

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Directions

Property details

Listing details

Listing number
#2574014
Listed
August 28, 2026
Days on market
0

Views

View
Territorial

Construction

Style
43 - Comm/Industrial
Structure
None

Lot

Lot features
Corner LotPaved
Lot size
129,373 sq ft

Terms

Terms offered
CashConventional

Utilities

Utilities
Electricity AvailableNatural Gas Available
Water
Share Available
Sewer
In Street

Schools

District
Vashon Island
Elementary
Buyer To Verify
Middle
Buyer To Verify
High
Buyer To Verify

What stands out to you?

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  • Territorial
  • None
  • Corner Lot
  • Paved
  • Cash
  • Conventional
  • Electricity Available
  • Natural Gas Available
  • Share Available
  • In Street

Listing history

  1. Listed

    $899,000

    August 28, 2026

Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.

Payment estimate

An estimate to help you plan, not a loan offer or financial advice.

Est. monthly

$5,235

Principal & interest
$4,546
Property tax (est.)
$689

Assumes $179,800 down (20%), a $719,200 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.

Similar nearby listings

Based on information submitted to the MLS GRID as of August 28, 2026 at 11:46 AM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.