34413 Pacific Highway S, Federal Way, WA 98003

Local realty services provided by:CENTURY 21 North Homes Realty
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 15, 2026 at 07:08 PM

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)
MLS LogoListings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of October 15, 2026. 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 for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2026 MLS GRID. All Rights Reserved. NWMLS Member Broker: Michael Killmer