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    Federal Way, WA Commercial Real Estate for Sale

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    32 properties
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    Multi-Tenant Office Building
    Updated: Aug 8
    Multi-Tenant Office Building

    402 S 333rd St, Federal Way, WA 98003

    $2,595,000
    14,048 sqft 1.25 AC lot
    Approximately 14,048 SF office building on approximately 54,798 SF of land
    39 predominantly small‑format office units
    Approximately 93.8% occupied
    New roof, HVAC improvements, and lot paving
    Tenant mix includes professional service, health, and beauty users
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    Drive-Through Coffee Shop
    Updated: Oct 11
    Drive-Through Coffee Shop

    27525 Pacific Hwy South, Federal Way, WA 98003

    $1,500,000
    960 sqft
    960‑square‑foot property in Federal Way
    Dutch Bros drive‑through coffee shop
    Wells Fargo drive‑through ATM
    5.25% cap rate
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    Church Facility with Gymnasium
    Church Facility with Gymnasium

    33901 9th Ave S, Federal Way, WA 98003

    $2,750,000
    11,556 sqft

    Flexible institutional property with a large open activity area, updated HVAC, and access to transit and nearby retail.

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    See hot listings in Federal Way

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    Midscale Hotel with Indoor Pool
    Midscale Hotel with Indoor Pool

    1400 S 348th St, Federal Way, WA 98003

    $6,600,000
    39,673 sqft 2.06 AC lot

    Midscale franchised hotel with 65 rooms, business center, fitness center, and indoor pool, built in 2002 and renovated in 2020.

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    Remodeled Office Buildings
    Remodeled Office Buildings

    31003 18th Ave S, Federal Way, WA 98003

    Contact for pricing
    5,193 sqft

    Two flexible structures offer private entrances, restrooms, and options for multiple occupants or shared office use.

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    Zoned Commercial Development Land
    Zoned Commercial Development Land

    29223 S Pacific Hwy S, Federal Way, WA 98003

    $1,100,000
    0.60 AC lot

    Commercial land with BC Community Business zoning and utilities available on-site, including sewer at the lower property edge.

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    Class A Office Building
    Class A Office Building

    33405 8th Ave S, Federal Way, WA 98003

    Contact for pricing
    114,408 sqft 10.41 AC lot

    Office Park-zoned asset with multiple suites and substantial owner-user capacity.

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    Flex Warehouse with Yard Parking
    Flex Warehouse with Yard Parking

    27802 Pacific Hwy S, Federal Way, WA 98003

    Contact for pricing
    8,000 sqft

    Unit A offers office space plus paved, fenced yard and parking for up to 70 vehicles or outdoor storage.

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    Class-A Office Buildings For Sale
    Class-A Office Buildings For Sale

    33810 - 33940 Weyerhaeuser Way South, Federal Way, WA 98001

    Contact for pricing
    250,000 sqft

    Four Class-A office buildings totaling 250,000 SF.

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    Commercial Land with Approved Plans
    Commercial Land with Approved Plans

    34413 Pacific Hwy S, Federal Way, WA 98003

    Contact for pricing
    2 sqft 2.40 AC lot

    Commercial Enterprise zoning and installed utilities accompany approved plans for a hotel and retail project.

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    Flex Space with Fenced Yard
    Flex Space with Fenced Yard

    27802 Pacific Hwy S, Federal Way, WA 98032

    $5,500,000

    Warehouse and office configuration with paved outdoor storage, vehicle parking, and a separate shop option.

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    Federal Way Commercial Land Opportunity
    Federal Way Commercial Land Opportunity

    34413 Pacific Hwy S, Federal Way, WA 98003

    $4,500,000
    2.44 AC lot

    Permit-ready commercial land for hotel and retail development.

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    Standalone Retail Building For Lease
    Standalone Retail Building For Lease

    30650 Pacific Hwy S, Federal Way, WA 98003

    Contact for pricing
    9,998 sqft

    Remodeled retail building with high visibility and ample parking.

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    Class-A Self Storage Portfolio
    Class-A Self Storage Portfolio

    35200 Pacific Highway South, Federal Way, WA 98003

    Contact for pricing
    125,750 sqft

    Two facilities combine storage units with uncovered parking areas across the Puget Sound market.

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    Class-A Office Buildings For Sale
    Class-A Office Buildings For Sale

    33810 - 33940 Weyerhaeuser Way South, Federal Way, WA 98001

    Contact for pricing
    254,927 sqft

    Four Class-A office buildings totaling 250,000 SF in Federal Way.

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    Former Walmart Shopping Center
    Former Walmart Shopping Center

    1900 S. 314th St, Federal Way, WA 98003

    Contact for pricing
    128,711 sqft

    Large-format retail property with flexible CCF-City Center Frame zoning and separate parcel options.

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    Federal Way Office Space Available
    Federal Way Office Space Available

    1707-1727 S 341st Pl, Federal Way, WA 98003

    Contact for pricing
    2,200 sqft

    Office space in Federal Way with close access to I-5.

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    Class A Office Building
    Class A Office Building

    2505 S 320th Street, Federal Way, WA 98003

    Contact for pricing
    74,031 sqft

    Prime office space near future Sound Transit Station.

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    Industrial Land with Single-Tenant NNN Lease
    Industrial Land with Single-Tenant NNN Lease

    37504 Pacific Highway South, Federal Way, WA 98003

    Contact for pricing
    348,480 sqft 8.00 AC lot

    Vacant land parcel under a 5-year single-tenant triple net lease, with 6% cap rate noted.

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    Strip Mall Property
    Strip Mall Property

    1805 S 316th St, Federal Way, WA 98003

    Contact for pricing
    25,536 sqft

    Retail-oriented commercial property with a substantial building footprint.

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    Pet Grooming Retail Space
    Pet Grooming Retail Space

    1620 S 312th St, Federal Way, WA 98003

    $100,000

    Operating pet grooming and daycare business with furniture, fixtures, equipment, and goodwill included in the sale.

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    Four-Parcel Commercial Land
    Four-Parcel Commercial Land

    35415 SW 21st Ave, Federal Way, WA 98023

    $1,500,000

    Four parcels totaling 3.23 acres zoned Neighborhood Business (BN) for a range of commercial uses.

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    Mixed-Use Commercial Land Parcel
    Mixed-Use Commercial Land Parcel

    30600 Pacific, Federal Way, WA 98003

    $1,500,000

    Commercial lot in Federal Way offering potential for multi-unit rental or mixed-use development, subject to city approval.

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    Federal Way Office Building
    Federal Way Office Building

    918 S 348th St, Federal Way, WA

    Contact for pricing
    4,800 sqft 1.48 AC lot

    Office building for sale in Federal Way, Washington.

    View details
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    Federal Way, WA Commercial Real Estate Market Trends and Statistics

    Explore 72 commercial real estate for sale in Federal Way, WA, showcased through 32 active listings on our real estate platform. These investment opportunities span a total of 1,455,523 square feet of properties for sale, with an estimated market value of $35,324,000.

    Sale prices for business properties in Federal Way, WA start at $100,000, averaging $2,523,142, and reaching up to $6,600,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    Federal Way, WA CRE market trends — vacancy, lease rates and price per SF, updated monthly
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    Demographics Overview

    Population 138K
    Population Growth (5Y) +4.6%
    Median Household Income $91,533
    College Educated 23.6%

    High-Yield Neighborhoods for Investment

    Identify Federal Way submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    Federal Way - 98003 $1.8M
    Kent - 98032 $5.5M

    Taxes & Financing

    Tax Rate (average for all types) 1.01%
    Property Tax per SF $9.26 per SF
    Tax Rate vs County Average 0.17 pp above county avg
    Average Loan-to-Value 65.0%

    Property Size Breakdown

    The majority of commercial real estate listings in Federal Way fall within the 100,000+ square foot range.

    How Realmo verifies these figures

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    Most Searched ZIP Codes in Federal Way, WA

    • 98003
    • 98001
    • 98023
    • 98032
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