Less than a year after islanders Coco and Brennan Banks bought the Gorsuch Road building that housed the Vashon Youth & Family Services Play Space, the building is back on the market.
Currently, the building houses CoCo Banks’ Le Ouistiti French Immersion School and VYFS’ Family Place.
John L. Scott agent Susan Lofland, who is representing the Banks, released a statement last Friday, saying that because of unforeseen family needs and family spread across the globe, they made the difficult decision to sell it.
The statement stated that Le Ouistiti will continue through the remainder of this school year, but its future beyond that is unclear. Additionally, Lofland said that per Interim Director Carol Goertzel, VYFS will work with the Banks on the sale of the building and hopes to explore options with a new buyer for their programs.
Vashon Youth & Family Services previously owned the building and put it up for sale in February 2017 to help bolster the financial picture of the agency.
The move drew some criticism at the time. VYFS had purchased it in 2011 from the YMCA, which credited VYFS with $200,000 toward the purchase of the building, because of all the community support the YMCA had received during its time on the island. The intent was for the building to serve the good of the island for years to come.
Now, Lofland said it is a private sale, but it is still possible the building will be sold for a purpose that will serve the island well.
“That is certainly our hope,” she added.
The building was back on the market effective last Friday, and has already been shown.
“We have a bit of interest, so we are hopeful,” Lofland said.
The Banks purchased the 4,000 square-foot building for $530,000 last summer. It is listed $649,000.