Recently Viewed Properties
See This Home
Save This Listing
Close

View All Photos

$4,500,000 -$400,000 (-8.16%) Price Reduced

  • For Sale
  • Active
  • Lots/Land
  • 2.4351 Acres
  • Updated 1 day ago

Listed by Tammie Tom-Freeman | Venture Real Estate Group LLC | (425) 531-7966

See This Home
Save This Home
See This Home
Save This Home
*** Recent Price Reduction*** Prime Commercial Property in Federal Way, permit ready and included! 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 equipped w/ permit ready for both a hotel & 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 sf hotel featuring 90 units across four floors, along with over 4,000 sf allocated for retail businesses and 109 parking spaces. Comprehensive architectural plans are available for prospective investors, all utilities are pre-installed on-site.A rare gem in a dynamic location.

Full Property Details for 34413 Pacific Hwy S

General

  • Price: $4,500,000
  • Taxes: $36,151 (2024)
  • Status: Active
  • Type: Lots/Land
  • Source: NWMLS
  • MLS ID: 2363548
  • Updated: 2/19/2026
  • Added to Site: 303 day(s) ago

Location

  • Area: 110 - Dash Point/Federal Way
  • County: King
  • Subdivision: Federal Way
  • Driving Directions: From I5 take exit 142B to merge onto SR-18 West towards S 348th St, turn right onto 16th Ave S twards SR-99 N. Turn left onto S 344th St, left on Pacific Hwy S, the property is on the right

School Information

  • High School District: Federal Way
  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Buyer To Verify

Utilities

  • Sewer: Available
  • Water: Available
  • Utility Description: Electricity Available, Natural Gas Available

Structural Information

  • Structure Type: Industrial

Lot Features

  • Property View: Territorial
  • Lot Size (Acres): 2.4351
  • Lot Size (Sq. Ft.): 106,072
  • Lot Size Source: Realist
  • Street/Road Desc.: Paved
  • Topography: Level
  • Lot Features: Corner Lot, Open Space, Paved, Sidewalk
  • Zoning: Business, Commercial, Multi-Family, Retail, See Remarks

Financial Considerations

  • Tax Amount: $36,151
  • Tax Year: 2024
  • Terms: Cash, Conventional

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 2021049109

Listed by Tammie Tom-Freeman | Venture Real Estate Group LLC | (425) 531-7966

Quickly Find Out More

* Indicates a required field

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Get a Great Insurance Rate

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 34413 Pacific Hwy S

School District:Federal Way School District
NameGradesDistance
Panther Lake Elementary School, Federal Way, WA
34424 1st Avenue South, Federal Way, WA 98003
K-50.8 mi
Illahee Middle School
36001 1st Avenue South, Federal Way, WA 98003
6-81.5 mi
Todd Beamer High School
35999 16th Avenue South, Federal Way, WA 98003
9-121.2 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 34413 Pacific Hwy S Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/19/2026
Price Reduced
$4,500,000
-8.16%
MLS
4/24/2025
Listed
$4,900,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 34413 Pacific Hwy S

$
Down Payment
%
$
%

$
$

*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Tammie Tom-Freeman | Venture Real Estate Group LLC | (425) 531-7966

Just Listed near 34413 Pacific Hwy S

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

2406 10th Ave, Milton, WA 98354 - Photo 1 Just Listed
$635,000
Open House

2406 10th Ave  Milton, WA 98354

  • Single Family
  • Active
  • Updated 1 day ago
  • 4
    Beds
  • 3
    Total Baths
  • 2,307
    Sq. Ft.
Listed by Vern Bolte | Better Homes and Gardens RE PC
1604 15th Ave, Milton, WA 98354 - Photo 1 Just Listed
$574,950

1604 15th Ave  Milton, WA 98354

  • Single Family
  • Active
  • Updated 2 days ago
  • 2
    Beds
  • 2
    Total Baths
  • 1,870
    Sq. Ft.
Listed by Shawn P Viguerie | eXp Realty
6474 Park St E, Fife, WA 98424 - Photo 1 Just Listed
$468,000
Open House

6474 Park St E  Fife, WA 98424

  • Townhouse
  • Active
  • Updated 23 hours ago
  • 2
    Beds
  • 3
    Total Baths
  • 1,339
    Sq. Ft.
Listed by Andrew Maglalang-Weakley | Redfin
3516 Destination Ave E, Fife, WA 98424 - Photo 1 Just Listed
$515,000

3516 Destination Ave E  Fife, WA 98424

  • Single Family
  • Active
  • Updated 1 day ago
  • 3
    Beds
  • 3
    Total Baths
  • 1,365
    Sq. Ft.
Listed by Sarah Asay | Asay Realty and Trevor Asay | Asay Realty

Price Reduced near 34413 Pacific Hwy S

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

98 5th Ave, Milton, WA 98354 - Photo 1 Price Reduced
-$51,000 (-7.85%)
$599,000

98 5th Ave  Milton, WA 98354

  • Lots/Land
  • Active
  • Updated 3 days ago
  • 1.1615
    Acres
Listed by Kelsey Diller | City Closers Real Estate
7902 48th St E, Fife, WA 98424 - Photo 1 Price Reduced
-$10,000 (-2.39%)
$409,000

7902 48th St E  Fife, WA 98424

  • Single Family
  • Active
  • Updated 2 days ago
  • 1
    Bed
  • 1
    Total Bath
  • 700
    Sq. Ft.
Listed by Edward Leeper | Kelly Right RE of Spokane LLC
2432 T St NW, Auburn, WA 98001 - Photo 1 Price Reduced
-$50,000 (-4.17%)
$1,150,000

2432 T St NW  Auburn, WA 98001

  • Single Family
  • Active
  • Updated 4 days ago
  • 4
    Beds
  • 4
    Total Baths
  • 3,720
    Sq. Ft.
Listed by Reid Bero | Skyline Properties, Inc.
29027 38th Ave S, Auburn, WA 98001 - Photo 1 Price Reduced
-$15,050 (-2.92%)
$499,950

29027 38th Ave S  Auburn, WA 98001

  • Single Family
  • Active
  • Updated 3 days ago
  • 3
    Beds
  • 1
    Total Bath
  • 1,040
    Sq. Ft.
Listed by Jeremy Logar | Keller Williams Rty Tacoma and Chad Hauer | Keller Williams Rty Tacoma

34413 Pacific Highway S, Federal Way, WA 98003 (MLS# 2363548) is a Lots/Land property with a lot size of 2.4351 acres. 34413 Pacific Highway S is currently listed for $4,500,000 and was received on April 24, 2025. Want to learn more about 34413 Pacific Highway S? Do you have questions about finding other Lots/Land real estate for sale in Federal Way? You can browse all Federal Way real estate or contact a Coldwell Banker agent to request more information.

Tour this property