Property Details
9922 SW Bank Road
Vashon, WA 98070
$1,990,000
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Property Overview
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.
Property Details
Property Information
Property Type
Commercial Sale
Subtype
Commercial Industrial
Status
Active
County
King
Neighborhood
In Town
Listed
Jan 15, 2026
Original Price
$2,200,000
Financial Summary
Cap Rate
4.00%
Net Operating Income
$86,714
Gross Scheduled Income
$145,807
Gross Rent Multiplier
15.09
Total Expenses
$37,178
Total Actual Rent
$8,710/mo
Building & Use
Building Sq Ft
5,452
Sq Ft Rented
5,452
Zoning
Business,Commercial,Retail
Possible Use
Business, Commercial, Retail
Lot Size
11,661 sqft
Year Built
1954
Exterior & Lot
Lot Size
0.27 sqft
Year Built
1954
Exterior Materials
Cement
Sewer
Sewer Connected
Water Source
Community
Exterior Features
Cement/Concrete
Location
City
Vashon
County
King
Coordinates
47.44763, -122.46150
Additional Information
Tax Year
2025
Annual Taxes
$17,056
Possession
Array
Based on information submitted to the MLS GRID as of May 9, 2026 5:15 PM. 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, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
