Listed by Venture Real Estate Group LLC
$4,900,000

34413 Pacific Hwy S Federal Way, WA 98003

Estimated payment $29,660/month

Total Views 4,087
2.44 Acres
$2,012,238 Price per Acre
106,073 Sq Ft Lot

Highlights

  • Territorial View
  • No HOA
  • Open Space
  • Corner Lot

About This Lot

Prime Commercial Property in Federal Way, permit ready! Introducing an exceptional business opportunity in a high-traffic area along Pacific Hwy S in Federal Way. This expansive corner lot, nearly 2.5 acres, is equipped w/ permit ready for both a hotel & commercial retail space. Zoned for Commercial Enterprise (CE), it offers a multitude of business possibilities. The flat parcel is perfectly suited for constructing a 58,000 sf hotel featuring 90 units across four floors, along with over 4,000 sf allocated for retail businesses and 109 parking spaces. Comprehensive architectural plans are available for prospective investors, all utilities are pre-installed on-site. A rare gem in a dynamic location. Contact LA w/ questions.

Listing Agent

Tammie Freeman

Venture Real Estate Group LLC License #138821 Listed on: 04/24/2025

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2363548

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $36,151

Lot Details

  • 2.44 Acre Lot
  • Open Space
  • Corner Lot
  • Level Lot
  • 202104910908
  • Zoning described as Business,Commercial,Multi-Family,Retail,See Remarks

Property Views

  • Territorial Views

Community Details

  • No Home Owners Association
  • Federal Way Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2021049109

Property Details

Property Type

Land

Est. Annual Taxes

$36,151

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 43 - Comm/Industrial
  • MLS Status: Active
  • Prev Status: Active
  • CalculatedSquareFootage: 0
  • SeniorExemption: false
  • Survey: Available
  • Special Features: None
  • Cumulative Days on Market: 129

Interior Features

  • Possible Use: Commercial, Multi-Family, Retail, See Remarks
  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • View: Territorial
  • Lot Features: Corner Lot, Open Space, Paved, Sidewalk
  • Road Surface Type: Paved
  • View: Yes
  • Waterfront: No
  • Structure Type: Industrial
  • RoadInformation: Paved
  • WaterJurisdiction: City
  • Easements: See Preliminary Commitment

Garage/Parking

  • Carport Y N: No

Utilities

  • Sewer: Available
  • Water Source: Available
  • Cooling Y N: No
  • Heating Yn: No
  • Electricity On Property: No
  • Utilities: Electricity Available, Natural Gas Available
  • ElectricityStatus: Available
  • GasStatus: Available

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Federal Way
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 2021049109
  • Topography: Level
  • Lot Size Acres: 2.4351
  • Lot Size Sq Ft: 106072
  • Additional Parcels Description: 202104910908
  • Zoning Description: Business,Commercial,Multi-Family,Retail,See Remarks
  • Zoning: CE
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City

Tax Info

  • Year: 2024
  • Tax Annual Amount: 36151

MLS Schools

  • Elementary School: Buyer To Verify

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2025 04/24/25 For Sale $4,900,000 -- --
Source: Northwest Multiple Listing Service (NWMLS)

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2363548

Northwest Multiple Listing Service (NWMLS)
Washington King County Federal Way 98003

34413 Pacific Hwy S, Federal Way, WA

This home is located at 34413 Pacific Hwy S, Federal Way, WA 98003 and is currently priced at $4,900,000. 34413 Pacific Hwy S is a home located in King County with nearby schools including Rainier View Elementary School, Sequoyah Middle School, and Todd Beamer High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) 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. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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Tammie Freeman
Listing Agent
Tammie Freeman
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Venture Real Estate Group LLC
(253) 271-4617