34413 Pacific Highway S, Federal Way, WA 98003

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Listing Broker: Ethos Northwest Realty; Tammie Tom-Freeman; 425-835-2304; tammie@ethosNWrealty.com

List Price
$4,500,000
Status
ACTIVE
MLS#
2594095
Days on Market
0
Lot Size (sq ft)
106,072

Property Description

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

Additional Information

Community
Federal Way
Style
43 - Comm/Industrial
Zoning Jurisdiction
City
View
Territorial
Sewer
Available
Tax Year
2026
School District
Federal Way
Potential Terms
Cash, Conventional
Driving 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
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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