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

  • For Sale
  • Active
  • Industrial
  • Updated 2 days ago

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

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*** Recent Price Reduction*** Prime Commercial Property in Federal Way, permit ready! 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: Industrial
  • Source: NWMLS
  • MLS ID: 2364962
  • Updated: 2/19/2026
  • Added to Site: 304 day(s) ago

Parking

  • Uncovered Spaces: 109

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

Utilities

  • Sewer: Available
  • Water: Public

Structural Information

  • Structure Type: Hotel/Motel

Lot Features

  • Lot Size (Acres): 2.4351
  • Lot Size (Sq. Ft.): 106,072
  • Lot Size Source: Realist
  • Lot Depth: 406
  • Topography: Level
  • Zoning: Business, Commercial, Industrial, 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

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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.

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

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34413 Pacific Highway S, Federal Way, WA 98003 (MLS# 2364962) is a Industrial property. 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 Industrial 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.

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