10824 Vashon Highway SW Vashon, WA $ 1,600,000
10824 Vashon Highway SW
$ 1,600,000
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10824 Vashon Highway SW

Vashon, WA, 98070
$ 1,600,000
Baths0.0 Sq 3,576

Monthly Estimate*

$ 9,851

Listed by Windermere Real Estate Co.
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Studio

Multi-Family Home for sale in Vashon, WA

for $1,600,000. This 3,576 square foot home was built in 1954 on a lot size of 0.1512.

Return to Market - Buyer financing failed during feasibility. Geotech & inspection were completed with positive findings. ASSUMABLE $750K loan - inquire. A once-in-a-lifetime opportunity for a visionary entrepreneur to create a premier destination on Vashon Island. Just seconds from the ferry, this bustling property features a fully equipped commercial kitchen, bar/restaurant space w/permits, three apartments, parking for 6, & limitless potential. Envision a rooftop deck with breathtaking Pacific Northwest views, al fresco dining, exclusive events, craft cocktails, and boutique lodging. Perfectly positioned as the island’s hub for locals and visitors, this storied location awaits its next chapter, with the community eager for its revival.

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Multi-Family Contingent

Price

$ 1,600,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 11,000

Style

4-Plex

Lot Size

0.1512

Year Built

1954

Town/City

Vashon

County/Region

King

MLS | Web ID

2378168

Features
General
Living Area 0
Sewer Sewer Connected
Heating Baseboard Other See Remarks
Cooling None
Possession Closing
Roof Flat
HOA Fee 0
Year Built 1954
Property Subtype Multi Family
Tax Year 2023
County King
Net Operating Income 79008
Insurance Expense 9591
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Northend
Possible Use Business Commercial Retail See Remarks
Special Listing Conditions None
Status Contingent
Directions Enjoy the ferry - Kick back and relax!
City Vashon
Senior Community Y/N N
High School District Vashon Island
Zoning Description Business Commercial Retail See Remarks
Open Parking Spaces 6
Number Of Units Total 4
MLS Area 800 - Vashon Island
Lot Size Units Square Feet
Lot Size Square Feet 6586
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Out Conventional
Tax Annual Amount 11000
Electric Expense 1000
Fuel Expense 1600
Public Remarks Return to Market - Buyer financing failed during feasibility. Geotech & inspection were completed with positive findings. ASSUMABLE $750K loan - inquire. A once-in-a-lifetime opportunity for a vision
Leasable Area 3576
Structure Type Quadruplex
Building Area Units Square Feet
Standard Status Active Under Contract
Units Below Grade false
Water Sewer Garbage 9400
Property Style 54 - 4-Plex
Cap Rate 4.21
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Exterior
Exterior Amenities Cement/Concrete Wood
Total Parking 6
Foundation Details Poured Concrete
Building Area Total 3576
Lot Size Acres 0.1512
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Parking Uncovered Spaces 6
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Interior
Flooring Hardwood Carpet
Total Fireplaces 0
Total Stories 2
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric Propane
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2378168
Street Number 1 10824
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* Excluded Features
List By
Kayse Gundram

Listing Agent

Windermere Real Estate Co.

Broker

Affordability Calculator

$10,768
Per Month
91%
9%
0%
Monthly Principal & Interest
$9,851
Monthly Property Taxes
$917
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
258678 Elementary School
257235 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/27/2025$1,600,000 -14.67% Price Down
5/19/2025$1,875,000 Listed Price

Map


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10824 Vashon Highway SW, Vashon, WA, 98070 is a Multi-Family Home for sale at $1,600,000 with 3,576 sqft and a lot size of 0.1512. 10824 Vashon Highway SW is a studio with 0.0 baths and was built in 1954. The property's zip code is 98070 which is in Vashon, WA