New Listing
$4,500,000
( )
 $24,157 est/mo Sourced by Back At You

34413 Pacific Highway,Federal Way, WA 98003

Federal Way, WA 98003

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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

Details

MLS #2594964
Listing TypeFor Sale
StyleCommercial Industrial
Sub-TypeResale
StatusActive
Days On Site2
Listing Provided ByEthos Northwest Realty | Tammie Tom-Freeman

Features

ZoningBusiness,Multi-Family,Retail,See
Acreage2.44

Taxes

Property40121

Area Information

StateWA
CountyKing
CityFederal Way
Zip Code98003
Area110 Dash Point | Federal Way
Community NameFederal Way
Listing VS Median (in Federal Way)
Price:
$4,500,000
low | high
Med:
$499,000
100% of Average
On site:
2
low | high
Med:
101
2% of Average
Sourced by Back At You

Market Activity 98003

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Learn More About This Property

StateWA
CountyKing
CityFederal Way
Zip Code98003
Area110 Dash Point | Federal Way
Community NameFederal Way
Listing VS Median (in Federal Way)
Price:
$4,500,000
low | high
Med:
$499,000
100% of Average
On site:
2
low | high
Med:
101
2% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $3.375M - $5.625M
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
34413 Pacific Highway Property Photo 1
$4,500,000
34413 Pacific Highway
Federal Way, WA 98003
Listing Updated: October 16, 2026 at 3:58:44 PM PDT