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Federal Way Commercial Land Opportunity

34413 Pacific Hwy S, Federal Way, WA 98003

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For Sale

$4,900,000

Permit-ready commercial land for hotel and retail development.

Lot size:

2.44 Acres

HighLights

Permit‑ready for a 90‑unit hotel and retail space, significantly reducing development time.
Prime commercial property located in a high‑traffic area along Pacific Hwy S in Federal Way.
Expansive corner lot, nearly 2.5 acres, zoned for Commercial Enterprise (CE) offering diverse business opportunities.
Flat parcel perfectly suited for constructing a 58,000 sq ft hotel with over 4,000 sq ft of retail space and 109 parking spaces.
Comprehensive architectural plans are available for prospective investors.
All utilities are pre‑installed on‑site, streamlining the development process.

We can help!

Listing Contact

Tammie Tom-Freeman

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For Sale

$4,900,000

Permit-ready commercial land for hotel and retail development.

Lot size:

2.44 Acres

Added:: Apr 24, 2025
Days on Market:: 415
Last Refresh:: Jan 20 at 9:34 am

Property Features for 34413 Pacific Hwy S

General Information

Standard status: Active
Lot size: 2.44 Acres

We can help!

Listing Contact

Tammie Tom-Freeman

Listing agent Tammie Tom-Freeman License #RRE-BRO-LIC108827

Listing office Venture Real Estate Group LLC

Listing date Apr 24, 2025

Source Exprealty

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Venture Real Estate Group LLC

HighLights

Permit‑ready for a 90‑unit hotel and retail space, significantly reducing development time.
Prime commercial property located in a high‑traffic area along Pacific Hwy S in Federal Way.
Expansive corner lot, nearly 2.5 acres, zoned for Commercial Enterprise (CE) offering diverse business opportunities.
Flat parcel perfectly suited for constructing a 58,000 sq ft hotel with over 4,000 sq ft of retail space and 109 parking spaces.
Comprehensive architectural plans are available for prospective investors.
All utilities are pre‑installed on‑site, streamlining the development process.

Overview

This commercial property is located in a high-traffic area along Pacific Hwy S in Federal Way. The corner lot is nearly 2.5 acres and is zoned for Commercial Enterprise (CE), offering a multitude of business possibilities. The flat parcel is permit-ready for both a hotel and commercial retail space. It is 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. All utilities are pre-installed on-site.

Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Location Insight

Map
Local Demand

City: Federal Way
County: King
State: Washington
Longitude: -122.316
Latitude: 47.2931

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For sale
Commercial land
WA
Federal Way
98003
34413 Pacific Hwy S

What type of property is this?

Commercial land - Permit-ready commercial land for hotel and retail development.

Where is this commercial land located?

The property is located at 34413 Pacific Hwy S Federal Way, WA.

What is the asking price?

The asking price for this property is $4,900,000.

What are key features of this property?

This property features: Permit‑ready for a 90‑unit hotel and retail space, significantly reducing development time.; Prime commercial property located in a high‑traffic area along Pacific Hwy S in Federal Way.; Expansive corner lot, nearly 2.5 acres, zoned for Commercial Enterprise (CE) offering diverse business opportunities.