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34413-34421 Pacific Hwy S
Federal Way, WA 98003 Federal Way

$4,900,000 USD

Land For Sale  •  2.44 AC

Property Details

  • Property Type Land
  • Lot Size 2.44 AC
  • Zoning BC, Federal Way
38 Transit Score
54 Walk Score

Description

Prime Commercial Property in Federal Way
Introducing an exceptional business opportunity in a high-traffic area along Pacific Hwy S in Federal Way. This expansive corner lot, nearly 2.5 acres, is already equipped with approved permits for both a hotel and commercial retail space. Zoned for commercial enterprise (CE), it offers a multitude of business possibilities. The flat parcel is perfectly suited for constructing a 58,000 square foot hotel featuring 90 units across four floors, along with over 4,000 square feet allocated for retail businesses and 109 parking spaces. Comprehensive architectural plans are available for prospective investors, and all utilities are pre-installed on-site. This property is a rare gem in such a dynamic location, conveniently positioned near major retailers like Costco, Walmart, Home Depot, The Commons, and Trader Joe's, ensuring high visibility and easy access for potential customers.  Contact LA with questions.

Highlights

Prime Commercial Location
Permit Ready
2.4 acres
Surrounded by major commercial retail; Walmart, Costco, Home Depot, Federal Way Crossings
Zoned CE Commercial Enterprise
Corner lot, level and flat

Property Flyers

Public Transportation

Commuter RailDriveWalkDistance
Auburn Station (Seattle - Tacoma/Lakewood - Sound Transit, Sounder South Line - Sound Transit) 7 min - 4.9 mi
Tacoma Dome Station (Seattle - Tacoma/Lakewood - Sound Transit, Sounder South Line - Sound Transit, Tacoma Link - Sound Transit) 13 min - 9.2 mi
AirportDriveWalkDistance
Seattle-Tacoma International 24 min - 13.6 mi
Tammie Freeman 425-835-2304 Venture Real Estate Group
Tammie Freeman 425-835-2304 Venture Real Estate Group