Advertise
    Federal Way, WA

    Federal Way, WA Commercial Real Estate for Sale

    Notify Me
    List
    Map
    Auburn, WA Kent, WA Des Moines, WA Seattle, WA Seatac, WA Pacific, WA Milton, WA Edgewood, WA
    35 properties
    Sort:
    Office/Flex Investment Building
    Updated: Apr 7
    Office/Flex Investment Building

    1707 S 341st Pl, Federal Way, WA 98003

    $3,250,000
    13,220 sqft 1.26 AC lot
    Fortune Building: 13,200 SF office/flex building on a 54,901 SF lot (1.26 AC).
    Fully leased to 6 tenants under NNN leases.
    Current rents are $14/sf, stated to be 20%+ below market.
    Current cap rate of 5.84% with asking price $3,250,000 ($246/sf).
    Significant recent capital improvements including roof and HVAC.
    View details
    Midscale Hotel with Indoor Pool
    Updated: Apr 1
    Midscale Hotel with Indoor Pool

    1400 S 348th St, Federal Way, WA 98003

    $7,250,000
    39,673 sqft 2.06 AC lot
    Midscale franchised hotel with 65 guest rooms across 3 stories on a 2.06‑acre site
    39,673 SF total building size; originally constructed in 2002
    Extensively renovated in 2020
    On‑site business center, fitness center, and indoor pool
    Expansion optionality: existing plans estimate adding 22–24 additional keys for future growth
    View details
    3.23 Acres Commercial Land Available
    3.23 Acres Commercial Land Available

    0 6th Ave SW, Federal Way, WA 98023

    $1,500,000
    140,699 sqft 3.23 AC lot

    Commercial land with diverse development opportunities near major transportation routes.

    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    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.

    View details
    Freestanding Childcare Facility
    Freestanding Childcare Facility

    29928 Pacific Hwy S, Federal Way, WA 98003

    Contact for pricing
    4,000 sqft 0.45 AC lot

    Freestanding commercial building with frontage along Pacific Highway South, currently licensed for 90 children.

    View details
    Standalone Retail Building For Lease
    Standalone Retail Building For Lease

    30650 Pacific Hwy S, Federal Way, WA

    Contact for pricing
    9,998 sqft 0.98 AC lot

    Remodeled retail building with high visibility and ample parking.

    View details
    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.

    View details
    Walgreens NNN Investment Opportunity
    Walgreens NNN Investment Opportunity

    28817 Military Rd S, Federal Way, WA 98003

    Contact for pricing
    14,238 sqft

    NNN Walgreens in Federal Way with strong traffic and demographics.

    View details
    New Office Building For Lease
    New Office Building For Lease

    32200 Weyerhaeuser Way S, Federal Way, WA

    Contact for pricing
    47,800 sqft 9.24 AC lot

    New office building with excellent access on the east side.

    View details
    Federal Way Development Opportunity
    Federal Way Development Opportunity

    35415 SW 21st Ave, Federal Way, WA 98023

    $1,500,000
    3.23 AC lot

    3.23 acre commercial land in Federal Way, WA for sale.

    View details
    Federal Way Redevelopment Opportunity
    Federal Way Redevelopment Opportunity

    2400 S 320th St, Federal Way, WA

    Contact for pricing
    10,350 sqft 1.87 AC lot

    Strategic land play near future light rail station.

    View details
    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.

    View details
    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.

    View details
    Flat Corner Commercial Land Lot
    Flat Corner Commercial Land Lot

    1111 Enchanted Pkwy S, Federal Way, WA 98003

    $425,000
    0.76 AC lot

    Flat corner lot with partial clearing and marked setbacks, offering substantial street frontage on SR 161.

    View details
    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.

    View details
    Retail Development Land Parcel
    Retail Development Land Parcel

    29223 Pacific Highway South, Federal Way, WA 98003

    $1,100,000

    Commercial retail lot with utilities on the property and sewer at the lower edge of the property line.

    View details
    Federal Way Office Park For Sale
    Federal Way Office Park For Sale

    33710 9th Ave S, Federal Way, WA 98003

    Contact for pricing
    22,522 sqft

    Two-building office park in Federal Way, Washington, totaling 22,522 SF.

    View details
    Mixed-Use Commercial Land Parcel
    Mixed-Use Commercial Land Parcel

    30600 Pacific Highway South, Federal Way, WA 98003

    $1,800,000

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

    View details
    Office Building
    Office Building

    2315 SW 320th St, Federal Way, WA 98023

    Contact for pricing
    10,603 sqft

    Office building offered for sale with 10,603 SF of space.

    View details
    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
    Triple Net Land Parcel
    Triple Net Land Parcel

    37405 Pacific Hwy S, Federal Way, WA 98023

    Contact for pricing
    8.00 AC lot

    For-sale NNN land parcel with a single tenant under a five-year triple net lease.

    View details
    Class A Office Building
    Class A Office Building

    32125 32nd Ave S, Federal Way, WA 98001

    Contact for pricing
    100,295 sqft

    Extensively renovated office building near I-5 and Federal Way Commons.

    View details
    Spacious Grocery & Convenience Store
    Spacious Grocery & Convenience Store

    102-33320 Pacific Hwy S, Federal Way, WA 98003

    $150,000

    A spacious, easy-to-manage convenience store with walk-in cooler, positioned among dense residential and local retail activity.

    View details
    Mixed-Use Development Land
    Mixed-Use Development Land

    29020 - 29026 Military Road S, Federal Way, WA 98003

    Contact for pricing
    17,000 sqft 1.68 AC lot

    Two-parcel assemblage on Military Road with a soil report indicating suitability for a 17,000-sf building.

    View details

    Federal Way, WA Commercial Real Estate Market Trends and Statistics

    Explore 72 commercial real estate for sale in Federal Way, WA, showcased through 35 active listings on our real estate platform. These investment opportunities span a total of 1,452,236 square feet of properties for sale, with an estimated market value of $25,274,900.

    Sale prices for business properties in Federal Way, WA start at $150,000, averaging $2,297,718, and reaching up to $7,250,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    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 $2.2M
    Auburn $7M

    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.

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Browse Commercial real estate for Sale Near Federal Way, WA

    Popular Searches in Federal Way, WA

    Popular Categories

    Most Searched ZIP Codes in Federal Way, WA

    • 98003
    • 98023
    • 98001

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!