34413 Pacific Highway S, Federal Way, WA 98003

Federal Way
Local realty services provided by:Better Homes and Gardens Real Estate Northwest Home Team
Listed by: tammie tom-freeman
Office: ethos northwest realty
MLS#:2594095
Source:NWMLS
34413 Pacific Highway S,Federal Way, WA 98003
$4,500,000
  • 2.44 Acres
  • Lots / Land
  • Active

Price summary

  • Price:$4,500,000

About this home

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...

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Home facts

  • Subdivision & Development:Federal Way
  • Listing ID #:2594095
  • Updated:October 22, 2026 at 12:32 AM

Structure and exterior

  • Lot area:2.44 Acres
  • Lot Features:Corner, Open Space, Paved, Sidewalk

Utilities

  • Water:Available
  • Sewer:Available

Finances and disclosures

  • Price:$4,500,000
  • Tax amount:$40,121 (2026)
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