Listing Agency: Madison Bay Commercial, LLC Show Phone

Listed By: Erwin Park · License #WA 23370

Source: Crexi

Added: Apr 10 Changed: Aug 31 Last Checked: Aug 31 at 6:37PM

Report an Issue

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 Madison Bay Commercial, LLC

Investment Insights

Based on property information with market context.

Office property containing 5,438 square feet of commercial space. The asset is located at 1715 S. 324TH Street in Federal Way, Washington 98003.

Key Highlights

• 5,438 SF of office space
• Located at 1715 S. 324TH Street, Federal Way, WA 98003

Property Analytics

Property Profile

Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Hair Salon Big Box & Wholesale Store Law Firm Computer & Electronic Repair Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

242

Businesses Nearby

Explore this area Business Placement

Demographics for 98003, WA

51,751

Population

20,380

Households

2.5

Avg Household Size

37

Median Age

28%

College-Educated

88%

High-School Grad

11.5 sq mi

ZIP Area

4,500

Density / Sq Mi

$70,800

Median Household Income

$39,497

Median Earnings

$1,650

Median Rent

$428,500

Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019

14.1% 2020

15.5% 2021

17.2% 2022

19.9% 2023

21% 2024

20.8% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this office units located? What is the asking price? Find similar properties ... What are key features of this property?

Ask Rey about this property ...

Similar For Sale Nearby

Multi-Tenant Office Building

402 S 333rd St, Federal Way, WA 98003

$2,595,000

14,048 SF

View details

Church Facility with Gymnasium

33901 9th Ave S, Federal Way, WA 98003

$2,900,000

11,556 SF

View details

Midscale Hotel with Indoor Pool

1400 S 348th St, Federal Way, WA 98003

$7,250,000

39,673 SF

View details

Four-Unit Quadplex with Fireplaces

34005 1 St Cir S, Federal Way, WA 98003

$990,000

3,904 SF

View details

Fully Occupied Four-Unit Quadplex

34019 1st Circle S, Federal Way, WA 98003

$799,000

2,712 SF

View details

16-Unit Garden-Style Apartments

30853 14TH, Federal Way, WA 98003

$2,725,000

9,420 SF

View details

Fourplex with Private Balconies

34214 1st Place S, Federal Way, WA 98003

$899,950

3,056 SF

View details

Managed 4-Unit Quadplex

120 S 339th Cir, Federal Way, WA 98003

$1,200,000

3,600 SF

View details

Four-Unit Multifamily Property

27 S 342nd Pl, Federal Way, WA 98003

$1,200,000

3,600 SF

View details

Well-Maintained Fourplex with Tile Roof

34120 1st Place S, Federal Way, WA 98003

$899,000

3,600 SF

View details

Class A Office Building

33405 8th Ave S, Federal Way, WA 98003

Contact for pricing

114,408 SF

View details

4-Unit Quadplex Property

120 339TH, Federal Way, WA 98003

$1,200,000

3,600 SF

View details

Frequently Asked Questions

What type of property is this?

Office units - Office property with a substantial commercial footprint for an owner-user configuration.

Where is this office units located?

The property is located at 1715 S 324TH Street Federal Way, WA.

What are key features of this property?

This property features: 5,438 SF of office space; Located at 1715 S. 324TH Street, Federal Way, WA 98003