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    Federal Way, WA
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    Federal Way, WA Office Units for Sale

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    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.
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    Federal Way Office Space Available
    Updated: Nov 21, 2025
    Federal Way Office Space Available

    1707-1727 S 341st Pl, Federal Way, WA 98003

    Contact for pricing
    2,200 sqft
    Located in Federal Way's retail core
    Close access to I‑5, Highway 99
    Abundant parking
    1,100 SF office space available
    14' building height
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Federal Way, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Remodeled Office and Warehouse Space
    Remodeled Office and Warehouse Space

    8111 Pacific Highway E, Tacoma, WA 98422

    $1,450,000
    3,920 sqft

    Remodeled office, shop, and yard near Highway 167 extension.

    View details
    Industrial Flex Condo with Grade Door
    Industrial Flex Condo with Grade Door

    5-1721 W Valley Hwy N, Auburn, WA 98001

    $650,000
    2,160 sqft

    Versatile flex condo with office buildout and 12-foot grade-level loading for light industrial and showroom use.

    View details
    Contractor Yard with Office
    Contractor Yard with Office

    8111 Pacific Highway East, Tacoma, WA 98422

    Contact for pricing
    5,040 sqft

    Remodeled contractor yard property includes 3,920 SF of office space and an additional 1,120 SF shop/parts warehouse.

    View details
    Upper-Level Office Suite
    Upper-Level Office Suite

    B-327 C St Nw, Auburn, WA 98001

    Contact for pricing
    800 sqft

    Light, clean office suite with three desk areas, kitchenette, and private in-suite bathroom.

    View details

    Federal Way, WA Office Units Market Trends and Statistics

    Explore 2 office units for sale in Federal Way, WA on our real estate platform. These investment opportunities span a total of 15,420 square feet of properties for sale, with an estimated market value of $3,250,000.

    Sale prices for office units in Federal Way, WA average $3,250,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office Units 38
    Office buildings 21
    Medical Office Space 8
    Coworking space 1

    Demographics Overview

    Population 138K
    Population Growth (5Y) +4.6%
    Median Household Income $91,533
    College Educated 23.6%

    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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