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Retail Storefront with Billboard
For Sale
Contact for pricing
Pending

31140 Pacific Hwy S, Federal Way, WA 98003

Community Business zoning and supplemental income from a coffee stand and billboard accompany the existing commercial improvements.

Property Size10,336 SF
Lot Size0.91 Acres
Days on Market142

Property Features for 31140 Pacific Hwy S

General Information

Standard status Pending
Size 10,336 SF
Lot size 0.91 Acres
Property subtype Retail
Zoning Community Business (BC)

Site & Location

Traffic Count 25,000 vehicles/day
Road Access Yes

Additional Details

Land Use commercial, multifamily

Building Details

Buildings 1
Listing Agency: Cushman & Wakefield - Seattle, Washington
Listed By: Taylor Hudson · License #WA 117880
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 7:40AM

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 Cushman & Wakefield - Seattle, Washington

Investment Insights

Based on property information with market context.

The property comprises a 10,336-square-foot building on a 39,639-square-foot lot. The improvements formerly operated as a restaurant and banquet hall, with the site also identified for multifamily redevelopment. Community Business (BC) zoning is established by the City of Federal Way.

Positioned along Pacific Highway S in Federal Way, the property is reported to receive approximately 20,000 to 25,000 cars per day. In addition to the primary building, the property includes a coffee stand and billboard that provide two additional income sources.

Key Highlights

  • 10,336 SF building on a 39,639 SF lot
  • Community Business (BC) zoning designated by the City of Federal Way
  • Located on Pacific Highway S with 20,000 - 25,000 cars per day

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Electrical Service Garden Center Florist Auto Parts Store (Bike/Boat/Book/etc) Store Butcher

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

Lease Details

25,000 VPD
Traffic count
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,392
Businesses Nearby
491k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 41% Superstores 18% Apparel 16% Dining 10%
Walmart Superstores
88,513 visits/mo 0.2 miles
T.J. Maxx Apparel
50,639 visits/mo 0.5 miles
Dollar Tree Shops & Services
33,521 visits/mo 0.1 miles
Best Buy Electronics
33,167 visits/mo 0.3 miles
Barnes & Noble Shops & Services
29,452 visits/mo 0.2 miles

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 Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Similar Off Market Nearby

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Frequently Asked Questions

What type of property is this?
Storefront property - Community Business zoning and supplemental income from a coffee stand and billboard accompany the existing commercial improvements.
Where is this storefront property located?
The property is located at 31140 Pacific Hwy S Federal Way, WA.
What are key features of this property?
This property features: 10,336 SF building on a 39,639 SF lot; Community Business (BC) zoning designated by the City of Federal Way; Located on Pacific Highway S with 20,000 - 25,000 cars per day
More about this property
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