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

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    Auburn, WA Kent, WA Des Moines, WA Seattle, WA Seatac, WA Pacific, WA Milton, WA Edgewood, WA
    Standalone Retail Building For Lease
    Updated: Sep 29, 2025
    Standalone Retail Building For Lease

    30650 Pacific Hwy S, Federal Way, WA

    Contact for pricing
    9,998 sqft 0.98 AC lot
    Standalone retail building at a busy, high‑visibility intersection
    Excellent demographics: high population density and strong household incomes
    Fully remodeled in 2017, including new roof and HVAC system
    Ample parking with 39 stalls
    High ceilings
    View details
    Walgreens NNN Investment Opportunity
    Updated: Feb 18
    Walgreens NNN Investment Opportunity

    28817 Military Rd S, Federal Way, WA 98003

    Contact for pricing
    14,238 sqft
    Absolute NNN lease with 5+ years remaining, corporately guaranteed by Walgreens Boots Alliance, Inc.
    Located in a high‑traffic area (33,000+ vehicles per day) at a signalized intersection with excellent visibility and access.
    Shadow‑anchored by a top 10% ranked Safeway and adjacent to Valley Harvest International Market, driving strong traffic.
    Walgreens has occupied the location since 2004 (21+ years).
    Robust demographics with 230,000 residents within five miles and average household incomes exceeding $100,000.
    View details
    Grocery Convenience Retail Store
    Grocery Convenience Retail Store

    28810 Military Rd S, Federal Way, WA 98003

    $7,720,000

    For sale retail property operating as a grocery and convenience store at 28810 Military Rd S, Federal Way, WA 98003.

    View details
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    Spacious Grocery & Convenience Store
    Spacious Grocery & Convenience Store

    102-33320 Pacific Hwy S, Federal Way, WA 98003

    $150,000

    A spacious, easy-to-manage convenience store with walk-in cooler, positioned among dense residential and local retail activity.

    View details
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 4 Active listings in Federal Way, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 68 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.

    Corner Commercial Parcel with Espresso Stand
    Corner Commercial Parcel with Espresso Stand

    34049 Military Road S, Auburn, WA 98001

    $1,100,000
    0.39 AC lot

    Corner parcel with an operating espresso stand and a former auto retail shop building in Auburn.

    View details
    High-Visibility Retail Storefront
    High-Visibility Retail Storefront

    6218 6TH, Tacoma, WA 98406

    $950,000
    4,104 sqft 0.75 AC lot

    Single-tenant retail storefront with high-visibility frontage and ample parking, currently operating a vape shop seven days weekly.

    View details
    Retail Building Portfolio with Parking
    Retail Building Portfolio with Parking

    516 522 S 38th Street, Tacoma, WA 98418

    Contact for pricing
    5,679 sqft

    Sale includes two retail buildings with off-street parking for 25 vehicles and two parcels in Tacoma.

    View details
    Corner Lot with Income Potential
    Corner Lot with Income Potential

    34049 Military Road S, Auburn, WA 98001

    $1,100,000

    Auburn corner lot with high visibility and income potential.

    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.

    Zoned Commercial Land Development Site
    Zoned Commercial Land Development Site

    509 C Street SW, Auburn, WA 98001

    $850,000
    0.20 AC lot

    Flat, rectangular commercial lot zoned C-3 with utilities in the street and development opportunities for multiple use types.

    View details
    Prime Auburn Way Commercial Land
    Prime Auburn Way Commercial Land

    4735 Auburn Way North, Auburn, WA 98002

    $1,199,950
    1.30 AC lot

    High-exposure commercial land with development potential near Highway 167.

    View details
    High-Visibility Commercial Mixed-Use Lot
    High-Visibility Commercial Mixed-Use Lot

    1725 Meridian Avenue E, Edgewood, WA 98371

    $450,000
    0.49 AC lot

    Prime commercial lot with high visibility and development potential.

    View details
    Tacoma Land for Commercial Development
    Tacoma Land for Commercial Development

    1148 72nd Street E, Tacoma, WA 98404

    $2,550,000
    1.00 AC lot

    Nearly one acre of MUD-zoned land ideal for development.

    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

    $1,585,000
    Estimated value
    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

    Value Estimation 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

    $685,000
    Estimated value
    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

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

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

    $1,510,000
    Estimated value
    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

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

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

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

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

    Value Estimation by Request
    3,162 sqft 0.58 AC lot
    View details
    1211 320th St
    RETAIL STORES (PERSONAL SERVICES)

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

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

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

    $4,950,000
    Estimated value
    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

    $1,255,000
    Estimated value
    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

    Value Estimation by Request
    1,562 sqft 0.82 AC lot
    View details
    27202 Pacific S Hwy
    CONVENIENCE STORE

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

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

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

    $1,555,000
    Estimated value
    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

    $1,535,000
    Estimated value
    2,888 sqft 0.42 AC lot
    View details
    2002 Campus Dr
    RESTAURANT

    2002 Campus Dr, Federal Way, WA 98023-6603

    Value Estimation by Request
    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

    Value Estimation by Request
    2,500 sqft 0.34 AC lot
    View details
    3440 320th St
    RETAIL STORES (PERSONAL SERVICES)

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

    $8,800,000
    Estimated value
    1,840 sqft 0.31 AC lot
    View details
    27417 Pacific S Hwy
    GYM, HEALTH SPA

    27417 Pacific S Hwy, Federal Way, WA 98003-6900

    $6,250,000
    Estimated value
    45,000 sqft 4.29 AC lot
    View details
    33507 9th S Ave
    FINANCIAL BUILDING

    33507 9th S Ave, Federal Way, WA 98003-6397

    Value Estimation by Request
    3,744 sqft 0.92 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 4 active listings on our real estate platform. These investment opportunities span a total of 24,236 square feet of properties for sale, with an estimated market value of $7,870,000.

    Sale prices for stores in Federal Way, WA start at $150,000, averaging $3,935,000, and reaching up to $7,720,000 — 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

    Shopping centers 6
    Storefront properties 4
    Auto shops 2
    Automotive properties 2
    Drug stores 2

    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
    98023 $1.5M
    98003 $2.2M

    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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