34413 Pacific Hwy S
Federal Way, WA 98003
Listing Office
Office
Ethos Northwest Realty
Ethos Northwest Realty
Active
$4,500,000
34413 Pacific Hwy S Federal Way, WA 98003
Commercial / Industrial
Property Type
2.44
Acres
King
County
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
MLS® #
2594095
Monthly HOA
N/A
On Site
Not Available
Last Updated
10/16/2026
Location
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Michael Ross
(206) 550-9635Property Details
Community Information
Address
34413 Pacific Hwy S, Federal Way, WA 98003
County
King
City
Federal Way
School District
Federal Way
Subdivision
Federal Way
Zip Code
98003
Property Features
Lot Size
2.44 Acres
Lot Features
Corner Lot, Open Space, Paved, Sidewalk
View
Territorial
Topography
Level
Lot Sq.Ft. Size
106072
Utilities
Electricity Available
Sewer
Available
Water
Available
Road Surface
Paved
Zoning
CE
Directions
From I-5 take exit 142B to merge onto SR-18 West towards S 348th St, turn right onto 16th Ave S towards SR-99 N. Turn left onto S 344th St, left on Pacific Hwy S, the property is on the right
Tax and Financial Info
Tax Year
2026
Tax Annual Amount
$40,121
Listing Terms
Cash, Conventional
Offers
Seller intends to review offers upon receipt
Possession
Closing
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Oct
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Oct
Sun
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Oct
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Oct
Scheduling is free, and you can cancel anytime.
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