34413 Pacific Highway S Federal Way, WA $ 4,500,000
34413 Pacific Highway S
$ 4,500,000
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34413 Pacific Highway S

Federal Way, WA, 98003
$ 4,500,000
Bedrooms-- Baths--

Monthly Estimate*

$ 31,080

Listed by Tammie Tom-Freeman, Ethos Northwest Realty, 425-835-2304, tammie@ethosNWrealty.com
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Commercial Property for sale in Federal Way, WA

for $4,500,000. The lot size is 2.4351.

Prime Commercial Vacant Land in Federal Way — Permit Ready! Don’t miss this exceptional development opportunity in a high-traffic, highly visible location along Pacific Hwy S. This expansive, nearly 2.5-acre corner parcel is zoned Commercial Enterprise (CE) and is positioned for a significant hotel and retail development. Approved permits and comprehensive architectural plans are available, providing a streamlined path toward construction and reducing the time and uncertainty typically associated with the development process. The approved plans call for an approximately 58,000 SF, four-story hotel featuring 90 units, along with more than 4,000SF of commercial retail space and 109 parking spaces. The flat, well-configured site offers excellent visibility and accessibility, while utilities are already installed on-site, adding significant value for a developer or investor. With its prominent location, commercial zoning, existing infrastructure, approved plans, and substantial development potential, this property presents a rare opportunity to bring a large-scale hospitality and retail project to market in adynamic Federal Way corridor. The site may also offer flexibility for other permitted commercial uses, making it an attractive option for a variety of investment and development . A unique opportunity for developers, investors, and hospitality operators seeking a permit-ready commercial property with substantial upside. Contact LA with questions

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Commercial Active

Price

$ 4,500,000

Property Type

Commercial

Taxes

$ 40,121

Style

Comm Bldg Ovr 10K

Lot Size

2.4351

Town/City

Federal Way

County/Region

King

MLS | Web ID

2594964

Features
General
Living Area 0
Sewer Available
Possession Closing
HOA Fee 0
Topography Level
Property Subtype Commercial Industrial
Tax Year 2026
County King
Property Type Commercial Sale
HOA N
Subdivision Name Federal Way
Possible Use Business Multi-Family Retail See Remarks
Special Listing Conditions None
Status Active
Directions From I-5 take exit 142B to merge onto SR-18 West towards S 348th St turn right onto 16th Ave S towards SR-99 N. Turn left onto S 344th St left on Pacific Hwy S the property is on the right
City Federal Way
Senior Community Y/N N
Zoning Description Business Multi-Family Retail See Remarks
Number Of Units Total 0
MLS Area 110 - Dash Point/Federal Way
Lot Size Units Square Feet
Lot Size Square Feet 106072
Carport Y/N N
Listing Terms Cash Conventional
Tax Annual Amount 40121
Public Remarks Prime Commercial Vacant Land in Federal Way Permit Ready! Dont miss this exceptional development opportunity in a high-traffic highly visible location along Pacific Hwy S. This expansive nearly 2.5-
Structure Type Unspecified
Building Area Units Square Feet
Standard Status Active
Property Style 61 - Comm Bldg Ovr 10K
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Interior
Total Fireplaces 0
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Exterior
Water Source Public
Total Parking 0
Building Area Total 0
Lot Size Acres 2.4351
Irrigation Water Rights Y/N N
Site Frontage 332
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Internal Only
OriginalMLSID NWM2594964
Street Number 1 34413
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* Excluded Features
List By
Tammie Tom-Freeman

Listing Agent

Ethos Northwest Realty

Broker

tammie@ethosNWrealty.com

Email

Affordability Calculator

$34,424
Per Month
90%
10%
0%
Monthly Principal & Interest
$31,080
Monthly Property Taxes
$3,343
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
258624 Elementary School
258775 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/15/2026$4,500,000 Listed Price

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34413 Pacific Highway S, Federal Way, WA, 98003 is a Commercial Property for sale at $4,500,000 with a lot size of 2.4351. The property's zip code is 98003 which is in Federal Way, WA