34413 Pacific Highway S, Federal Way, WA 98003

Listing Broker: Ethos Northwest Realty; Tammie Tom-Freeman; 425-835-2304; tammie@ethosNWrealty.com

$4,500,000

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List Price
$4,500,000
Status
ACTIVE
MLS#
2594964
Subtype
Commercial Sale
Style
61 - Comm Bldg Ovr 10K
Lot Size
106,072
Acres
2.44
Subdivision
Federal Way
Neighborhood
Federal Way
MLS Area Major
Dash Point/Federal Way

Property Description

Prime Commercial Vacant Land in Federal Way — Permit Ready! Don’t miss this exceptional development opportunity in a high-traffic, highly visible location along Pacific Hwy S. This expansive, nearly 2.5-acre corner parcel is zoned Commercial Enterprise (CE) and is positioned for a significant hotel and retail development. Approved permits and comprehensive architectural plans are available, providing a streamlined path toward construction and reducing the time and uncertainty typically associated with the development process. The approved plans call for an approximately 58,000 SF, four-story hotel featuring 90 units, along with more than 4,000SF of commercial retail space and 109 parking spaces. The flat, well-configured site offers excellent visibility and accessibility, while utilities are already installed on-site, adding significant value for a developer or investor. With its prominent location, commercial zoning, existing infrastructure, approved plans, and substantial development potential, this property presents a rare opportunity to bring a large-scale hospitality and retail project to market in adynamic Federal Way corridor. The site may also offer flexibility for other permitted commercial uses, making it an attractive option for a variety of investment and development . A unique opportunity for developers, investors, and hospitality operators seeking a permit-ready commercial property with substantial upside. Contact LA with questions

Additional Information

Property Description
61 - Comm Bldg Ovr 10K
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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