Federal Way, WA
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    Federal Way, WA Restaurants for Sale

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    Auburn, WA Kent, WA Des Moines, WA
    New Drive-Thru Investment Opportunity
    $1,300,000
    450 SF
    New Drive-Thru Investment Opportunity

    803 S 348th St, Federal Way, WA 98003

    New single-tenant drive-thru leased to Bigfoot Java.
    • New construction (2024) single‑tenant drive‑thru property.
    • 15‑year corporate NNN ground lease with Bigfoot Java (commenced December 1, 2024).
    • Passive investment with no landlord management responsibilities.
    • Established regional brand tenant with 41 locations.
    • 10% rental escalations every five years.
    Updated: Feb 10
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    Federal Way Development Opportunity
    $1,500,000
    3.23 Acres
    Federal Way Development Opportunity

    35415 SW 21st Ave, Federal Way, WA 98023

    3.23 acre commercial land in Federal Way, WA for sale.
    • High‑demand Federal Way location in a Business Neighborhood (BN) zone.
    • 3.23‑acre site suitable for various revenue‑generating uses like a strip mall, restaurant, coffee shop, or office.
    • Extensive feasibility studies completed, reducing development timeline and risk.
    • Includes multiple parcels: 35415, 35409, 35104, and 35305 21st Avenue SW, Federal Way, WA 98023.
    • Ideal for investors/developers seeking high‑yield, long‑term income.
    Updated: Jan 29
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    Based on your search, we've compiled 65 Potential Opportunities for your consideration. Besides 2 Active listings in Federal Way, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 55 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.

    Auburn Corner Lot with Income
    $1,100,000
    0.39 Acres
    Auburn Corner Lot with Income

    Corner lot with high visibility and income-generating espresso stand.

    34049 Military Road S, Auburn, WA 98001

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    Brewery Blocks Retail/Office Space
    $1,650,000
    2,920 SF
    Brewery Blocks Retail/Office Space

    Street-level retail, restaurant, or office space with mezzanine.

    2102 Commerce Street, Tacoma, WA 98402

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    Corner Lot with Income Potential
    $1,100,000
    Corner Lot with Income Potential

    Auburn corner lot with high visibility and income potential.

    34049 Military Road S, Auburn, WA 98001

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    Corner Building with Mixed-Use Potential
    $1,500,000
    8,904 SF
    Corner Building with Mixed-Use Potential

    Mixed-use building with restaurant, banquet room, and apartments near Tacoma Dome.

    301 E 25th St, Tacoma, WA 98421

    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.

    Auburn Commercial Development Opportunity
    $850,000
    0.20 Acres
    Auburn Commercial Development Opportunity

    8,640 SF commercial lot in Auburn's core.

    509 C Street SW, Auburn, WA 98001

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    Commercial Land Near Home Depot
    Contact for pricing
    22,216 SF
    Commercial Land Near Home Depot

    0.48 acre commercial land near major retailers.

    Tacoma, WA 98445

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    Commercial Land Near Home Depot
    Contact for pricing
    62,291 SF
    Commercial Land Near Home Depot

    1.98 AC commercial land near major retailers and restaurants.

    901 Grady Way, Renton, WA 98055

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    Land Near Highway Access
    $1,500,000
    3.23 Acres
    Land Near Highway Access

    3.23 acres of commercial land with development potential.

    21st Ave SW, Federal Way, WA 98003

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    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.

    34900 Enchanted S Pkwy
    RESTAURANT
    3,909 SF Lot: 12.85 Acres
    Estimated value
    $685,000

    34900 Enchanted S Pkwy, Federal Way, WA 98003-8325

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    35109 Pacific S Hwy
    RESTAURANT
    2,400 SF Lot: 1.43 Acres
    Estimated value
    $1,510,000

    35109 Pacific S Hwy, Federal Way, WA 98003-8310

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    1301 320th St
    RESTAURANT
    3,162 SF Lot: 0.58 Acres
    Value Estimation by Request

    1301 320th St, Federal Way, WA 98003-5340

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    2002 Campus Dr
    RESTAURANT
    7,500 SF Lot: 0.70 Acres
    Value Estimation by Request

    2002 Campus Dr, Federal Way, WA 98023-6603

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    2002 320th St
    DRIVE-THRU RESTAURANT, FAST FOOD
    2,500 SF Lot: 0.34 Acres
    Value Estimation by Request

    2002 320th St, Federal Way, WA 98003-5415

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    31656 Pacific S Hwy
    RESTAURANT
    5,715 SF Lot: 0.72 Acres
    Estimated value
    $2,500,000

    31656 Pacific S Hwy, Federal Way, WA 98003-5408

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    31140 Pacific S Hwy
    RESTAURANT
    10,336 SF Lot: 0.91 Acres
    Estimated value
    $2,385,000

    31140 Pacific S Hwy, Federal Way, WA 98003-4994

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    31246 Pacific S Hwy
    RESTAURANT
    3,600 SF Lot: 0.48 Acres
    Value Estimation by Request

    31246 Pacific S Hwy, Federal Way, WA 98003-5402

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    31717 Pacific S Hwy
    DRIVE-THRU RESTAURANT, FAST FOOD
    2,040 SF Lot: 0.33 Acres
    Estimated value
    $1,440,000

    31717 Pacific S Hwy, Federal Way, WA 98003-5431

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    1636 312th St
    RESTAURANT
    3,791 SF Lot: 0.30 Acres
    Estimated value
    $1,160,000

    1636 312th St, Federal Way, WA 98003-4900

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    34506 16th S Ave
    DRIVE-THRU RESTAURANT, FAST FOOD
    3,612 SF Lot: 0.78 Acres
    Estimated value
    $1,740,000

    34506 16th S Ave, Federal Way, WA 98003-6802

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    1610 347th Pl
    DRIVE-THRU RESTAURANT, FAST FOOD
    3,500 SF Lot: 0.95 Acres
    Estimated value
    $2,250,000

    1610 347th Pl, Federal Way, WA 98003-8950

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    31646 Pacific S Hwy
    DRIVE-THRU RESTAURANT, FAST FOOD
    1,566 SF Lot: 0.36 Acres
    Estimated value
    $665,000

    31646 Pacific S Hwy, Federal Way, WA 98003-5408

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    34814 Pacific S Hwy
    DRIVE-THRU RESTAURANT, FAST FOOD
    4,745 SF Lot: 0.82 Acres
    Estimated value
    $4,225,000

    34814 Pacific S Hwy, Federal Way, WA 98003-8308

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    2400 336th St
    DRIVE-THRU RESTAURANT, FAST FOOD
    2,059 SF Lot: 0.55 Acres
    Estimated value
    $2,020,000

    2400 336th St, Federal Way, WA 98023-2898

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    31122 Pacific S Hwy
    DRIVE-THRU RESTAURANT, FAST FOOD
    2,500 SF Lot: 0.43 Acres
    Value Estimation by Request

    31122 Pacific S Hwy, Federal Way, WA 98003

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    1616 325th St
    RESTAURANT
    4,670 SF Lot: 0.55 Acres
    Value Estimation by Request

    1616 325th St, Federal Way, WA 98003-6009

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    2042 320th St
    DRIVE-THRU RESTAURANT, FAST FOOD
    3,000 SF Lot: 0.47 Acres
    Value Estimation by Request

    2042 320th St, Federal Way, WA 98003-5415

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    33370 Pacific S Hwy
    RESTAURANT
    480 SF Lot: 0.69 Acres
    Value Estimation by Request

    33370 Pacific S Hwy, Federal Way, WA 98003

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    2215 356th St
    BAR, TAVERN
    2,304 SF Lot: 0.16 Acres
    Value Estimation by Request

    2215 356th St, Federal Way, WA 98023-3059

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    Federal Way, WA 98003
    RESTAURANT
    6,031 SF Lot: 0.38 Acres
    Value Estimation by Request

    Federal Way, WA 98003

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    Federal Way, WA 98003
    RESTAURANT
    7,797 SF Lot: 0.42 Acres
    Value Estimation by Request

    Federal Way, WA 98003

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    Federal Way, WA Restaurants Market Trends and Statistics

    Explore 57 restaurants for sale in Federal Way, WA on our real estate platform. These investment opportunities span a total of 450 square feet of properties for sale, with an estimated market value of $1,300,000.

    Sale prices for restaurant properties in Federal Way, WA start at $1,300,000, averaging $1,300,000, and reaching up to $1,300,000 — 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

    Drive through restaurants 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
    98003 $1.3M
    98023 $1.5M

    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 25,000 to 50,000 square foot range.

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