34413 Pacific Hwy S Federal Way, WA 98003
34413 Pacific Hwy S Federal Way, WA 98003 | MLS® 2594095 Photo 1
34413 Pacific Hwy S Federal Way, WA 98003 | MLS® 2594095 Photo 2
34413 Pacific Hwy S Federal Way, WA 98003 | MLS® 2594095 Photo 3
34413 Pacific Hwy S Federal Way, WA 98003 | MLS® 2594095 Photo 4
34413 Pacific Hwy S Federal Way, WA 98003 | MLS® 2594095 Photo 5

Listing Office

Office Ethos Northwest Realty
Active
$4,500,000

34413 Pacific Hwy S Federal Way, WA 98003

Commercial / Industrial Property Type
2.44 Acres
King County
View All Property Details
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

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Michael Ross

Michael Ross

(206) 550-9635

Property Details

Community Information

Address 34413 Pacific Hwy S, Federal Way, WA 98003
County King
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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34413 Pacific Hwy S Federal Way, WA 98003 | MLS® 2594095
ASAP
Tue 20 Oct
Wed 21 Oct
Thu 22 Oct
Fri 23 Oct
Sat 24 Oct
Sun 25 Oct
Mon 26 Oct
Scheduling is free, and you can cancel anytime.
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All listings featuring the icon Board of Realty Logo are provided courtesy of the Northwest Multiple Listing Service (NWMLS), Copyright 2026. All rights reserved. The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The information contained in these listings has not been verified by Keller Williams Greater Seattle and should be verified by the buyer. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Listing information last updated on October 19, 2026 at 3:00 AM PST.

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