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1645 S 288th Street # 102 Federal Way, WA $ 280,000
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1645 S 288th Street # 102
$ 280,000
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1645 S 288th Street # 102

Federal Way, WA, 98003
$ 280,000
Bedrooms-- Baths--

Monthly Estimate*

$ 1,934

Listed by David Li, WeLakeside, 206-434-1896, david.li.gpfis@gmail.com
1645 S 288th Street # 102, Federal Way, WA 98003 - Image 1

Commercial Property for sale in Federal Way, WA

for $280,000. This building was built in 2000 on a lot size of 0.4807.

Excellent Investment Opportunity – Tenant-Occupied Commercial Condo in Federal Way! Discover this 954 SF ground-floor commercial office condominium in the desirable Redondo area of Federal Way. Currently tenant-occupied, generating $2,931/month ($35,172 annually) in gross rental income, offering immediate income potential for investors. The functional layout features three private offices, a reception/work area, and a private restroom. Conveniently located with easy access to Pacific Highway S, I-5, and surrounding residential and commercial communities. Ideal for investors seeking an income-producing commercial property or future owner-users, subject to existing lease terms. Don't miss this opportunity to own a commercial condo in a convenient South King County location!

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Commercial Active

Price

$ 280,000

Property Type

Commercial

Taxes

$ 2,736

Style

Business Opp.

Lot Size

0.4807

Year Built

2000

Town/City

Federal Way

County/Region

King

MLS | Web ID

2601751
Features
General
Living Area 0
Sewer Available
Heating Forced Air
Cooling Heat Pump
Possession Closing
Roof Built-Up
HOA Fee 277
Year Built 2000
Topography Level
Unit Number 102
Property Subtype Commercial Industrial
Tax Year 2026
Assoc Fee Paid Per Monthly
County King
Net Operating Income 26340
Insurance Expense 504
Property Type Commercial Sale
HOA Y
Subdivision Name Federal Way
Possible Use Commercial
Special Listing Conditions None
Status Active
Directions GPS
City Federal Way
Senior Community Y/N N
Zoning Description Commercial
Number Of Units Total 0
MLS Area 110 - Dash Point/Federal Way
Lot Size Units Square Feet
Lot Size Square Feet 20939
Carport Y/N N
Listing Terms Conventional
Tax Annual Amount 2736
Electric Expense 1560
Fuel Expense 0
Public Remarks Excellent Investment Opportunity Tenant-Occupied Commercial Condo in Federal Way! Discover this 954 SF ground-floor commercial office condominium in the desirable Redondo area of Federal Way. Curre
Structure Type Mixed Use
Building Area Units Square Feet
Standard Status Active
Total Actual Rent 2931
Water Sewer Garbage 0
Property Style 62 - Business Opp.
Cap Rate 9.4
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Exterior
Exterior Amenities Cement/Concrete
Water Source Public
Total Parking 0
Foundation Details Block
Building Area Total 0
Lot Dimensions 20939
Lot Size Acres 0.4807
Irrigation Water Rights Y/N N
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Interior
Flooring Hardwood
Total Fireplaces 0
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2601751
Street Number 1 1645
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* Excluded Features
List By
David Li

Listing Agent

Welakeside

Broker

david.li.gpfis@gmail.com

Email

Affordability Calculator

$2,162
Per Month
89%
11%
0%
Monthly Principal & Interest
$1,934
Monthly Property Taxes
$228
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
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/6/2026$280,000 Listed Price

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1645 S 288th Street # 102, Federal Way, WA, 98003 is a Commercial Property for sale at $280,000 with a lot size of 0.4807. 1645 S 288th Street # 102 was built in 2000. The property's zip code is 98003 which is in Federal Way, WA

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