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 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...
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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)
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