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    Federal Way, WA
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    Federal Way, WA Retail Properties & Spaces for Sale

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    6 properties
    Former Walmart Shopping Center
    Updated: Apr 29
    Former Walmart Shopping Center

    1900 S. 314th St, Federal Way, WA 98003

    Contact for pricing
    128,711 sqft
    128,711 SF former Walmart building on 9.95 AC
    5,579 SF former auto center included
    Additional 1.3 AC parcel; parcels can be sold separately
    CCF‑City Center Frame zoning
    10.2 miles from Seattle‑Tacoma International Airport
    View details
    Flex Space with Fenced Yard
    Updated: Sep 12
    Flex Space with Fenced Yard

    27802 Pacific Hwy S, Federal Way, WA 98032

    $5,500,000
    Unit A totals ±8,000 SF, including approximately 1,500 SF of office space
    Approximately ~25,000 SF of paved and fenced yard area
    Parking capacity for up to 70 vehicles
    Unit A can be divided into 7,000 SF with 1,000 SF of office space
    Unit E offers ±933 SF of shop space with a small office and roll‑up door
    View details
    Standalone Retail Building For Lease
    Standalone Retail Building For Lease

    30650 Pacific Hwy S, Federal Way, WA

    Contact for pricing
    9,998 sqft 0.98 AC lot

    Remodeled retail building with high visibility and ample parking.

    View details
    See what stands out in King County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

    Cap Rate available after sign in
    NOI available after sign in
    Local Demand available after sign in
    Strip Mall Property
    Strip Mall Property

    1805 S 316th St, Federal Way, WA 98003

    Contact for pricing
    25,536 sqft

    Retail-oriented commercial property with a substantial building footprint.

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    Pet Grooming Retail Space
    Pet Grooming Retail Space

    1620 S 312th St, Federal Way, WA 98003

    $100,000

    Operating pet grooming and daycare business with furniture, fixtures, equipment, and goodwill included in the sale.

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    Fully Equipped Nail Salon
    Fully Equipped Nail Salon

    34024 Hoyt Road, Unit E, Federal Way, WA 98023

    $139,000

    Includes manicure and pedicure stations, a private waxing room, and separate lunch and supply areas.

    View details
    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 76 Potential Opportunities for your consideration. Besides 6 Active listings in Federal Way, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 66 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

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

    Kent Automotive Property For Sale
    Kent Automotive Property For Sale

    24433 Pacific Hwy S, Kent, WA 98032

    $1,700,000
    5,380 sqft

    Single-tenant automotive property with 10 roll-up doors and ample parking.

    View details
    Updated Beauty Supply Storefront
    Updated Beauty Supply Storefront

    25248 Pacific Hwy S Unit 102, Kent, WA 98032

    $179,900

    Retail operation with newer fixtures and improvements in an anchored shopping center.

    View details
    Outlet Shopping Center with Anchor Spaces
    Outlet Shopping Center with Anchor Spaces

    1101 Outlet Collection Way SW, Auburn, WA 98001

    Contact for pricing
    2.99 AC lot

    Shopping center with anchor spaces, pad sites, and restaurant-focused space offering in a retail outlet setting.

    View details
    Commercial Land with Retail Improvements
    Commercial Land with Retail Improvements

    926 Auburn, Auburn, WA 98002

    $3,900,000

    Two parcels include an operating retail store with access to major arterials and established commercial surroundings.

    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.

    34603 16th S Ave
    AUTO REPAIR, GARAGE

    34603 16th S Ave, Federal Way, WA 98003-6803

    Estimated value:
    $1,585,000
    5,289 sqft 0.52 AC lot
    View details
    33520 21st SW Ave
    RETAIL STORES (PERSONAL SERVICES)

    33520 21st SW Ave, Federal Way, WA 98023-2874

    Estimated value:
    by Request
    14,568 sqft 1.12 AC lot
    View details
    34900 Enchanted S Pkwy
    RESTAURANT

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

    Estimated value:
    $685,000
    3,909 sqft 12.85 AC lot
    View details
    32945 Pacific S Hwy
    WHOLESALE OUTLET, DISCOUNT STORE

    32945 Pacific S Hwy, Federal Way, WA 98003-6482

    Estimated value:
    $2,885,000
    18,870 sqft 1.56 AC lot
    View details
    35109 Pacific S Hwy
    RESTAURANT

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

    Estimated value:
    $1,510,000
    2,400 sqft 1.43 AC lot
    View details
    33530 Pacific S Hwy
    RETAIL STORES (PERSONAL SERVICES)

    33530 Pacific S Hwy, Federal Way, WA 98003-6890

    Estimated value:
    $2,405,000
    6,912 sqft 1.11 AC lot
    View details
    1207 320th St
    GROCERY, SUPERMARKET

    1207 320th St, Federal Way, WA 98003-5379

    Estimated value:
    $8,090,000
    55,437 sqft 7.32 AC lot
    View details
    1301 320th St
    RESTAURANT

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

    Estimated value:
    $300,000
    3,162 sqft 0.58 AC lot
    View details
    1211 320th St
    RETAIL STORES (PERSONAL SERVICES)

    1211 320th St, Federal Way, WA 98003-5339

    Estimated value:
    $3,465,000
    28,137 sqft 2.06 AC lot
    View details
    2131 336th St
    RETAIL STORES (PERSONAL SERVICES)

    2131 336th St, Federal Way, WA 98023-2847

    Estimated value:
    $4,950,000
    31,795 sqft 2.37 AC lot
    View details
    32530 Pacific S Hwy
    AUTO REPAIR, GARAGE

    32530 Pacific S Hwy, Federal Way, WA 98003-6402

    Estimated value:
    $1,255,000
    4,559 sqft 0.36 AC lot
    View details
    28718 Military S Rd
    AUTO REPAIR, GARAGE

    28718 Military S Rd, Federal Way, WA 98003-3364

    Estimated value:
    $285,000
    1,562 sqft 0.82 AC lot
    View details
    27202 Pacific S Hwy
    CONVENIENCE STORE

    27202 Pacific S Hwy, Federal Way, WA 98003-6998

    Estimated value:
    $555,000
    2,663 sqft 0.65 AC lot
    View details
    1401 324th St
    RETAIL STORES (PERSONAL SERVICES)

    1401 324th St, Federal Way, WA 98003-8476

    Estimated value:
    $1,540,000
    10,365 sqft 1.20 AC lot
    View details
    27820 Pacific S Hwy
    AUTO REPAIR, GARAGE

    27820 Pacific S Hwy, Federal Way, WA 98003-3401

    Estimated value:
    $1,540,000
    2,888 sqft 0.42 AC lot
    View details
    2002 Campus Dr
    RESTAURANT

    2002 Campus Dr, Federal Way, WA 98023-6603

    Estimated value:
    $425,000
    7,500 sqft 0.70 AC lot
    View details
    2002 320th St
    DRIVE-THRU RESTAURANT, FAST FOOD

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

    Estimated value:
    $390,000
    2,500 sqft 0.34 AC lot
    View details
    3440 320th St
    RETAIL STORES (PERSONAL SERVICES)

    3440 320th St, Federal Way, WA 98023-2293

    Estimated value:
    $8,800,000
    1,840 sqft 0.31 AC lot
    View details

    Federal Way, WA Retail Properties & Spaces Market Trends and Statistics

    Explore 72 retail properties & spaces for sale in Federal Way, WA, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 164,245 square feet of properties for sale, with an estimated market value of $5,739,000.

    Sale prices for stores in Federal Way, WA start at $100,000, averaging $1,913,000, and reaching up to $5,500,000 — 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

    Storefront properties 8
    Shopping centers 6
    Auto shops 2
    Automotive properties 2
    Drug stores 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 $100K
    98023 $139K

    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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    Most Searched ZIP Codes in Federal Way, WA

    • 98003
    • 98023

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