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    Federal Way, WA Office Buildings for Sale

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    Federal Way Office Building
    Updated: May 6, 2025
    Federal Way Office Building

    918 S 348th St, Federal Way, WA

    $2,300,000
    4,800 sqft 1.48 AC lot
    Office building for sale
    Located in Federal Way, Washington
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    This listing looks promising.

    Here's a quick look at some key insights for

    918 S 348th St, Federal Way, WA

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    • Est. Cap Rate

      4.4%
      NOI ÷ price

    • Est. NOI

      $101K
      Annual

    • Price @ 7% Cap

      $1.45M
      Suggested

    • Property Type

      Condominium
      Built 1999
    View Property Analytics
    New Office Building For Lease
    Updated: Nov 23, 2025
    New Office Building For Lease

    32200 Weyerhaeuser Way S, Federal Way, WA

    $3,000,000
    47,800 sqft 9.24 AC lot
    New office building
    To be built
    Excellent access
    East side of I‑5
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    Federal Way Office Park For Sale
    Federal Way Office Park For Sale

    33710 9th Ave S, Federal Way, WA 98003

    $3,995,000
    22,522 sqft

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

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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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    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
    254,927 sqft

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

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    Class A Office Building
    Class A Office Building

    32125 32nd Ave S, Federal Way, WA 98001

    $14,000,000
    100,295 sqft

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

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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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    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.

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    Value-Add Office Building For Sale
    Value-Add Office Building For Sale

    33400 8th Ave S, Federal Way, WA 98003

    $5,000,000
    50,150 sqft 3.11 AC lot

    50,150 SF office building on 3.11 acres.

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    High-Visibility Office Suite
    High-Visibility Office Suite

    29347 18th Avenue S, Unit 3, Federal Way, WA 98003

    Contact for pricing

    Unit 3 office suite in a well-located Federal Way-BC zoned commercial building.

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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 10 Active listings in Federal Way, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 62 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Class A Office Building
    Class A Office Building

    6703 S 234th St, Kent, WA 98032

    $6,500,000
    32,077 sqft

    Architecturally appealing Class A office building in Kent Valley.

    View details
    Class A Office Building
    Class A Office Building

    6703 S 234th St, Kent, WA 98032

    Contact for pricing
    35,550 sqft

    Class A office building in a prime Kent Valley location.

    View details
    Tacoma Commercial Building For Sale
    Tacoma Commercial Building For Sale

    101 S 10th St, Tacoma, WA 98402

    $2,950,000
    6,260 sqft 0.34 AC lot

    Commercial building in Tacoma's Central Business District, for sale or lease.

    View details
    Downtown Tacoma Opportunity Zone Building
    Downtown Tacoma Opportunity Zone Building

    1015 A St, Tacoma, WA 98402

    $16,000,000
    173,022 sqft

    173,022 SF building with parking in Tacoma's Opportunity Zone.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Arterial Zoned Land
    Commercial Arterial Zoned Land

    4325 NE Sunset Blvd, Renton, WA 98059

    $2,000,000

    Commercial land suitable for various developments, flexible seller terms.

    View details
    Commercial Land on Highway 7
    Commercial Land on Highway 7

    26527 Mountain Highway East, Spanaway, WA 98387

    $750,000
    10.00 AC lot

    10 acres of commercial land with highway exposure.

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    Prime Commercial Land Opportunity
    Prime Commercial Land Opportunity

    18215 SW Sargent Road, Rochester, WA 98579

    $649,900
    10.40 AC lot

    10.4 acres of level commercial land with development potential.

    View details
    Downtown Corner Lot with Views
    Downtown Corner Lot with Views

    999 East 1st Street, Port Angeles, WA 98362

    $115,000
    0.16 AC lot

    Terraced corner lot in downtown Port Angeles with mountain views.

    View details

    Off-Market Properties in Federal Way, WA

    Consider similar Off-Market properties in Federal Way, WA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    616 348th St
    OFFICE BUILDING

    616 348th St, Federal Way, WA 98003-7023

    $4,325,000
    Estimated value
    22,590 sqft 2.68 AC lot
    View details
    1617 324th St
    OFFICE BUILDING

    1617 324th St, Federal Way, WA 98003-6004

    $975,000
    Estimated value
    5,704 sqft 0.66 AC lot
    View details
    33308 13th S Pl
    OFFICE BUILDING

    33308 13th S Pl, Federal Way, WA 98003-6390

    $1,615,000
    Estimated value
    6,316 sqft 0.55 AC lot
    View details
    1814 324th Pl
    OFFICE BUILDING

    1814 324th Pl, Federal Way, WA 98003-8582

    Value Estimation by Request
    6,096 sqft 0.46 AC lot
    View details
    2505 320th St
    OFFICE BUILDING

    2505 320th St, Federal Way, WA 98003-5400

    $11,410,000
    Estimated value
    78,723 sqft 2.83 AC lot
    View details
    3560 320th St
    OFFICE BUILDING

    3560 320th St, Federal Way, WA 98023

    $8,800,000
    Estimated value
    4,000 sqft 1.73 AC lot
    View details
    720 333rd St
    OFFICE BUILDING

    720 333rd St, Federal Way, WA 98003-7357

    $3,415,000
    Estimated value
    32,148 sqft 1.02 AC lot
    View details
    530 336th St
    OFFICE BUILDING

    530 336th St, Federal Way, WA 98003-6383

    $3,360,000
    Estimated value
    12,700 sqft 1.60 AC lot
    View details
    34001 Pacific S Hwy
    OFFICE BUILDING

    34001 Pacific S Hwy, Federal Way, WA 98003-7098

    $6,950,000
    Estimated value
    17,575 sqft 8.18 AC lot
    View details
    31003 18th S Ave
    OFFICE BUILDING

    31003 18th S Ave, Federal Way, WA 98003-4939

    $940,000
    Estimated value
    2,328 sqft 0.35 AC lot
    View details
    28815 Pacific S Hwy
    OFFICE BUILDING

    28815 Pacific S Hwy, Federal Way, WA 98003-3906

    $2,690,000
    Estimated value
    19,492 sqft 0.74 AC lot
    View details
    30819 14th S Ave
    OFFICE BUILDING

    30819 14th S Ave, Federal Way, WA 98003-4765

    $1,330,000
    Estimated value
    8,589 sqft 0.93 AC lot
    View details
    32129 Weyerhaeuser S Way
    OFFICE BUILDING

    32129 Weyerhaeuser S Way, Federal Way, WA 98001-9801

    $4,850,000
    Estimated value
    30,240 sqft 1.63 AC lot
    View details
    33600 6th S Ave
    OFFICE BUILDING

    33600 6th S Ave, Federal Way, WA 98003-6743

    $5,150,000
    Estimated value
    33,198 sqft 2.32 AC lot
    View details

    Federal Way, WA Office Buildings Market Trends and Statistics

    Explore 72 office buildings for sale in Federal Way, WA, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 225,567 square feet of properties for sale, with an estimated market value of $28,295,000.

    Sale prices for office properties in Federal Way, WA start at $2,300,000, averaging $5,659,000, and reaching up to $14,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office Units 28
    Office buildings 16
    Medical Office Space 5
    Coworking space 1

    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.

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    • 98003
    • 98001

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