33915 1st S Way, Federal Way, WA 98003-4551
- Office buildings
- 34,496 SF
- 2.53 lot acres
Current Use by Public Records
- Office buildings
Property Details for 33915 1st S Way
- Year built
- 2005
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 2.53 lot acres
- Zone code
- OP
- Property type
- Office buildings
- APN
- 926504-0150
- APU
- 9265040150
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Oct 3, 2019 | $7,000,000 | Maplewood Investor Group LLC | Clise Maplewood LLC | Bargain And Sale Deed | $4.4M · Heritage Bank |
| Dec 31, 2015 | — | Clise Maplewood LLC | Clise Properties INC | Quit Claim Deed · related | — |
| Nov 24, 2015 | — | Clise Properties INC | Fae Holdings 459834r LLC | Grant Deed | — |
| May 28, 2015 | $5,850,000 | Fae Holdings 459834r LLC | Cuna Mutual Investment Corp | Grant Deed | — |
| Dec 17, 2010 | — | Cuna Mutual Investment Corp | Esm Building LLC | Warranty Deed | — |
| Sep 28, 2004 | $575,000 | Esm Building LLC | Fwtpi LLC | Grant Deed | $4.9M · Homestreet Bank |
| Jan 3, 2003 | $500,000 | Fwtpi LLC | Eop Operating LP | Grant Deed | — |
| Sep 3, 1997 | $6,133,000 | Properties LP Spieker | Northwest Partners | Grant Deed | — |
| Jun 23, 1989 | $1,210,000 | Partners 1 Northwest | Quadrant | Grant Deed | — |
| — | — | Esm Building LLC | — | Deed Of Trust · related | $5M · Cuna Mutual Life Insurance Co |
Description
This exceptional two-story, Class B medical office building, totaling 34,496 square feet, presents a unique leasing opportunity in the desirable CBA Federal Way submarket. Built in 2005 and renovated in 2010, the property boasts a modern aesthetic and efficient layout. Situated on a spacious 2.53-acre lot at 33915 1st Way S, Federal Way, WA 98003, this building offers convenient access and ample parking. Multiple tenancy options are available, with spaces ranging from a minimum of 1,011 square feet to a maximum contiguous space of 2,290 square feet. Currently, 7,161 square feet of space is vacant, providing flexibility for various medical practices or professional businesses. The building features convenient amenities including elevators and is zoned OP. This is an ideal location for healthcare providers seeking a well-maintained, established facility in a thriving community. The property's strategic location within the CBA Federal Way submarket ensures high visibility and accessibility for patients and clients. Interested parties are encouraged to inquire about available space and lease terms. This is a rare opportunity to secure high-quality medical office space in a prime Federal Way location.
Value Estimations
-
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $9,925,000 Current use
- WAREHOUSE, STORAGE
- $9,465,000 Change: -5% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Federal Way
- County
- King
- State
- Washington
- Longitude
- -122.33
- Latitude
- 47.2976
- CBSA code
- 42660
- CBSA name
- SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA
