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9920 SW Bank Rd 6,700 SF 100% Leased Retail Building Vashon, WA 98070 $3,017,080 CAD ($450.31 CAD/SF)


INVESTMENT HIGHLIGHTS
- 100% Tenant Occupied
- Fantastic location for traffic
- Long-standing Anchor Tenants
EXECUTIVE SUMMARY
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.
DATA ROOM Click Here to Access
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Storefront
Building Size
6,700 SF
Building Class
C
Year Built
1954
Price
$3,017,080 CAD
Price Per SF
$450.31 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.57
Lot Size
0.27 AC
Zoning
CBPSO - Community Business zoning designates areas for small-to-medium-sized businesses, focusing on pedestrian-oriented, local services w/i neighborhoods..
Parking
21 Spaces (3.13 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Corner Lot
- Restaurant
- Signage
- Tenant Controlled HVAC
- Smoke Detector
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 302303-9051 | Improvements Assessment | $1,175,066 CAD |
| Land Assessment | $431,333 CAD | Total Assessment | $1,606,399 CAD |
PROPERTY TAXES
Parcel Number
302303-9051
Land Assessment
$431,333 CAD
Improvements Assessment
$1,175,066 CAD
Total Assessment
$1,606,399 CAD
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9920 SW Bank Rd
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