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    Federal Way, WA Specialty Properties for Sale

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    Auburn, WA Kent, WA Des Moines, WA
    Walgreens NNN Investment Opportunity
    $4,285,000
    14,238 SF
    Walgreens NNN Investment Opportunity

    28817 Military Rd S, Federal Way, WA 98003

    NNN Walgreens in Federal Way with strong traffic and demographics.
    • 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.
    Updated: Feb 18
    View details
    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
    View details
    Federal Way Office Space Available
    Contact for pricing
    2,200 SF
    Federal Way Office Space Available

    Office space in Federal Way with close access to I-5.

    1707-1727 S 341st Pl, Federal Way, WA 98003

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    Highway 99 Commercial Property
    $13,700,000
    Highway 99 Commercial Property

    Commercial property located on Highway 99 available for sale.

    33320 Pacific Hwy S, Federal Way, WA 98003

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    Commercial Property on Pacific Highway
    $250,000
    1,524 SF
    Commercial Property on Pacific Highway

    Commercial property for sale on Pacific Highway South.

    32225 Pacific Hwy S, Federal Way, WA 98003

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    Based on your search, we've compiled 53 Potential Opportunities for your consideration. Besides 5 Active listings in Federal Way, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 40 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.

    Fife Contractor Yard For Sale
    $1,350,000
    1,080 SF
    Fife Contractor Yard For Sale

    Office/Shop and Contractor yard in Fife with immediate access.

    4323 70th Avenue East, Fife, WA 98424

    View details
    Commercial Building with Ample Parking
    $1,750,000
    6,065 SF
    Commercial Building with Ample Parking

    Commercial building featuring renovated interiors and substantial parking.

    5303 Pacific Hwy E, Fife, WA 98424

    View details
    Well-Designed Church with Pastor Residence
    $15,000,000
    33,708 SF
    Well-Designed Church with Pastor Residence

    Spacious church with sanctuary, classrooms, and separate pastor residence.

    10622 8th St E, Edgewood, WA 98372

    View details
    Well-Designed Church with Pastor Residence
    $15,000,000
    7.52 Acres
    Well-Designed Church with Pastor Residence

    Spacious church with sanctuary, classrooms, and separate pastor residence.

    10622 8th Street E, Edgewood, WA 98372

    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.

    Commercial Arterial Zoned Land
    $2,000,000
    Commercial Arterial Zoned Land

    Commercial land suitable for various developments, flexible seller terms.

    4325 NE Sunset Blvd, Renton, WA 98059

    View details
    Land with R10 Zoning
    Contact for pricing
    Land with R10 Zoning

    Land suitable for residential or rural-oriented uses.

    10010 219th St Ct E, Graham, WA 98338

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    Mukilteo Light Industrial Land Parcel
    $849,900
    0.89 Acres
    Mukilteo Light Industrial Land Parcel

    0.89 acre light industrial land parcel in Mukilteo.

    12900 Beverly Park Road, Mukilteo, WA 98275

    View details
    Prime Commercial Land Opportunity
    $649,900
    10.40 Acres
    Prime Commercial Land Opportunity

    10.4 acres of level commercial land with development potential.

    18215 SW Sargent Road, Rochester, WA 98579

    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.

    32324 1st S Ave
    DAY CARE, PRE-SCHOOL
    7,226 SF Lot: 0.82 Acres
    Estimated value
    $520,000

    32324 1st S Ave, Federal Way, WA 98003-5762

    View details
    28822 Pacific S Hwy
    VETERINARY, ANIMAL HOSPITAL
    2,265 SF Lot: 0.28 Acres
    Value Estimation by Request

    28822 Pacific S Hwy, Federal Way, WA 98003-3802

    View details
    2520 336th St
    DAY CARE, PRE-SCHOOL
    6,016 SF Lot: 0.72 Acres
    Estimated value
    $1,415,000

    2520 336th St, Federal Way, WA 98023-2876

    View details
    1122 322nd Pl
    DAY CARE, PRE-SCHOOL
    6,016 SF Lot: 0.89 Acres
    Estimated value
    $3,295,000

    1122 322nd Pl, Federal Way, WA 98003-8472

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    33310 1st S Way
    DAY CARE, PRE-SCHOOL
    14,444 SF Lot: 1.49 Acres
    Estimated value
    $2,075,000

    33310 1st S Way, Federal Way, WA 98003-4544

    View details
    33504 13th S Pl
    DAY CARE, PRE-SCHOOL
    8,055 SF Lot: 0.84 Acres
    Estimated value
    $1,595,000

    33504 13th S Pl, Federal Way, WA 98003-6358

    View details
    Federal Way, WA 98003
    PROFESSIONAL CLUBS/ASSOCIATIONS
    5,684 SF Lot: 13.77 Acres
    Estimated value
    $570,000

    Federal Way, WA 98003

    View details
    2201 356th St
    DAY CARE, PRE-SCHOOL
    2,889 SF Lot: 0.18 Acres
    Value Estimation by Request

    2201 356th St, Federal Way, WA 98023-3033

    View details
    1060 320th St
    VETERINARY, ANIMAL HOSPITAL
    3,576 SF Lot: 5.00 Acres
    Value Estimation by Request

    1060 320th St, Federal Way, WA 98023-4707

    View details
    32200 Military S Rd
    PROFESSIONAL CLUBS/ASSOCIATIONS
    334,593 SF Lot: 19.39 Acres
    Estimated value
    $9,895,000

    32200 Military S Rd, Federal Way, WA 98001-9627

    View details
    28715 18th S Ave
    DAY CARE, PRE-SCHOOL
    6,206 SF Lot: 0.62 Acres
    Value Estimation by Request

    28715 18th S Ave, Federal Way, WA 98003-9246

    View details
    35703 16th S Ave
    PROFESSIONAL CLUBS/ASSOCIATIONS
    302,083 SF Lot: 16.56 Acres
    Estimated value
    $20,425,000

    35703 16th S Ave, Federal Way, WA 98003-7524

    View details
    2101 324th St
    PROFESSIONAL CLUBS/ASSOCIATIONS
    9,986 SF Lot: 62.74 Acres
    Estimated value
    $885,000

    2101 324th St, Federal Way, WA 98003-8506

    View details
    1201 336th St
    PROFESSIONAL CLUBS/ASSOCIATIONS
    273,024 SF Lot: 22.78 Acres
    Estimated value
    $3,115,000

    1201 336th St, Federal Way, WA 98003-6007

    View details
    2926 368th St
    DAY CARE, PRE-SCHOOL
    2,364 SF Lot: 0.42 Acres
    Value Estimation by Request

    2926 368th St, Federal Way, WA 98003-7645

    View details
    850 356th St
    CHARITABLE ORGANIZATION
    6,842 SF Lot: 4.99 Acres
    Value Estimation by Request

    850 356th St, Federal Way, WA 98023-7202

    View details
    33250 21st SW Ave
    DAY CARE, PRE-SCHOOL
    9,094 SF Lot: 9.69 Acres
    Estimated value
    $2,380,000

    33250 21st SW Ave, Federal Way, WA 98023-2875

    View details
    29928 Pacific S Hwy
    DAY CARE, PRE-SCHOOL
    4,000 SF Lot: 0.45 Acres
    Value Estimation by Request

    29928 Pacific S Hwy, Federal Way, WA 98003-4234

    View details
    34110 Hoyt SW Rd
    DAY CARE, PRE-SCHOOL
    9,312 SF Lot: 1.02 Acres
    Estimated value
    $750,000

    34110 Hoyt SW Rd, Federal Way, WA 98023-3217

    View details

    Federal Way, WA Specialty Properties Investment Opportunities Market Analysis

    Explore 45 specialty properties for sale in Federal Way, WA, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 16,212 square feet of properties for sale, with an estimated market value of $5,835,000.

    Sale prices for properties in Federal Way, WA start at $250,000, averaging $1,945,000, and reaching up to $4,285,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    NNN properties 3
    Churches & religious facilities 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
    98003 $3.9M

    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 100,000+ square foot range.

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