32018 23Rd Ave Federal Way, WA 98003
- Commercial real estate
- 26,540 SF
- 2.01 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 32018 23Rd Ave
- Year built
- 1985
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 2.01 lot acres
- Property size
- 26,540 SF
- Zone code
- CC-C
- Property type
- Commercial real estate
- APN
- 162104-9028
- APU
- 1621049028
Description
This exceptional King County retail property, Federal Way Towne Square, offers a prime opportunity for businesses seeking high visibility and convenient access. The 26,540 square foot, single-story building sits on a 2.01-acre lot (87,556 sq ft) and boasts a highly desirable location just off I-5 at the S. 320th St. exit. Currently, three retail spaces are available, totaling 4,372 square feet, or can be leased individually. Suite 32038 (1,280 sq ft), formerly occupied by Liberty Tax, and Suite 32040 (985 sq ft), formerly Vapor Cloud, are immediately available. Suite 32042 (2,107 sq ft) will become available March 1, 2025. Each space features mostly open floor plans with restrooms and convenient rear exits. Benefit from prominent signage on the building fascia and a highly visible monument sign at the lighted intersection of 320th St and 23rd Ave. Join established tenants including UW Medicine Federal Way Clinic, ATI Physical Therapy, I-5 Drive School, and Sign-A-Rama. The property is zoned CC-C and features a total of 26,540 square feet with 2,265 square feet currently vacant. Built in 1985, this property presents a unique chance to establish or expand your business in a thriving location. The APN is 162104-9028.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Federal Way
- County
- King
- State
- Washington
- Longitude
- -122.303
- Latitude
- 47.3141
- CBSA code
- 42660
- CBSA name
- SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA