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.

Property Details

Location

Legal

The information contained in this listing has not been verified by Northwest Multiple Listing Service (NWMLS) - WA and should be verified by the buyer.

Based on information submitted to the MLS GRID as of 2026-08-28T22:36:14Z. 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.

IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID.

The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. Listings that feature the "three tree" icon are provided courtesy of NWMLS. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.

Copyright 2024 Northwest Multiple Listing Service. All rights reserved.

Provided By
Listed by Erica Dorland (#NWM155234)
Listing Office: Lake & Company (#NWM7928)