VERSATILE, INCOME GENERATING PROPERTY READY FOR REDEVELOPMENT, FOR SALE OR LEASE: +/- 4.7 flat acres (204,732 sq. ft.) zoned Industrial and Community Business with split zonings in one tax lot. Back approx. 111,868 sf. is zoned IP-SO (Industrial). 92,864 sf. is zoned CB-P-SO (Community Business). No critical areas. Approximately 300 ft. of public road frontage for great visibility and access. A 1,475 sf building with 5 rooms, for residential or commercial use, and additional rental units, RV parking spot with hookups. 10 RARE/HARD TO GET District 19 water shares, connected to commercial sewer, PSE electricity, natural gas and high-speed internet. Complete plans included for a 24 unit mixed use commercial/residential development. Zoning allows for individual or multi-family housing, mixed use commercial/residential, retirement community, professional offices, medical/dental, adult home, event space, mobile home park, restaurant, commercial kitchen, farming/nursery, manufacturing/retail, tech business, food/beverage production, school, mixed use development and other business or residential uses. High visibility with frontage on Vashon Highway with ample parking. 20 minutes to either West Seattle, downtown Seattle or Tacoma ferries. Walking distance from downtown Vashon and the new Vashon Allied Arts Center. Adjacent to King County Metro Transit 118/119 bus lines. Has an outbuilding with laundry and 6 additional rental spaces: sauna/spa house and outdoor picnic/kitchen shelter make the property attractive for B & B, event or hotel use. Optimal for an events or a retreat/conference center. Separate office/apartment with kitchenette and second 3/4 bathroom on west side of main building. Slab with all utilities for travel trailer/RV/mobile. Commission paid for sale brought by real estate professional. Lease to own, joint venture or owner contract possible.