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JRJeff ReynoldsCompass · Seattle
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Listed by Kayse Gundram, Windermere Real Estate Co.

Commercial Industrial
Type
1954
Year built
6,586 sq ft
Lot
0
Days on market

About this property

An island landmark. Your next venture. Own the only commercial waterfront property on Vashon Island and imagine what comes next. The Mermaid brings together a substantial commercial kitchen, existing restaurant and bar infrastructure, and three residential apartments in a setting with unmistakable character. A boutique restaurant overlooking the water. A cocktail bar worth catching the ferry for. A café or bakery woven into the rhythm of island life. Positioned along the ferry approach, the Mermaid enjoys prominent visibility to travelers and island natives alike. Create your business with possibilities for rental income, owner or staff occupancy alongside it. Handcrafted tile, warm wood, balconies and outdoor gathering spaces create an atmosphere people remember. Six on-site parking spaces and rooftop/deck potential add another layer of possibility. The Mermaid awaits its next steward. Bring your vision to the Vashon community and the shores of the Salish Sea.

Location & commute

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Directions

Jeff's Neighborhood Guide

Get to know the Vashon Island area

Jeff's Seattle & Eastside Neighborhood Guide profiles 70 communities: the streets, shorelines, parks, markets, and local places that define each one. It is editorial, separate from the MLS listing data above.

Property details

Listing details

Listing number
#2591122
Listed
October 7, 2026
Days on market
0

Parking

Total spaces
6

Construction

Year built
1954
Style
60 - Comm Bldg Und 10K
Structure
Unspecified
Roof
Flat

Heating & cooling

Heating
BaseboardSee Remarks
Energy source
ElectricPropane

Flooring

Flooring
HardwoodCarpet

Lot

Lot size
6,586 sq ft
Waterfront
Yes

Terms

Terms offered
CashSee Remarks

Utilities

Water
Heights
Sewer
Vashon Sewer
Power
Puget Sound Energy

What stands out to you?

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  • Unspecified
  • Flat
  • Baseboard
  • See Remarks
  • Electric
  • Propane
  • Hardwood
  • Carpet
  • Cash

Listing history

  1. Listed

    $1,222,000

    October 7, 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

$7,116

Principal & interest
$6,179
Property tax (est.)
$937

Assumes $244,400 down (20%), a $977,600 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 October 15, 2026 at 2:30 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.