$4,500,000

0 Beds 0 Baths 0 SQFT 2.44 Acres

Type: Land

34413 Pacific Highway S
Federal Way, WA 98003

MLS#: 2363548

Presented by: Venture Real Estate Group LLC and NWMLS

Property Description

*** Recent Price Reduction*** Prime Commercial Property in Federal Way, permit ready and included! Introducing an exceptional business opportunity in a high-traffic area along Pacific Hwy S in Federal Way. This expansive corner lot, nearly 2.5 acres, is equipped w/ permit ready for both a hotel & commercial retail space. Zoned for Commercial Enterprise (CE), it offers a multitude of business possibilities. The flat parcel is perfectly suited for constructing a 58,000 sf hotel featuring 90 units across four floors, along with over 4,000 sf allocated for retail businesses and 109 parking spaces. Comprehensive architectural plans are available for prospective investors, all utilities are pre-installed on-site.A rare gem in a dynamic location.

Interior Features

Bedrooms

Bedrooms Upper0

Bathrooms

Baths Full Upper0

Baths Half Upper0

Baths Three Quarter Upper0

Other Interior Features

Air Conditioning Y/NNo

Fireplace Y/NNo

Heating Y/NNo

Total Fireplaces0

General

Building Area Units0 sqft

Carport Y/NNo

CityFederal Way

CountyKing

DirectionsFrom I5 take exit 142B to merge onto SR-18 West towards S 348th St, turn right onto 16th Ave S twards SR-99 N. Turn left onto S 344th St, left on Pacific Hwy S, the property is on the right

Elementary SchoolBuyer To Verify

Gas StatusAvailable

HOANo

HOA Fee$0

High SchoolBuyer To Verify

High School DistrictFederal Way

Listing TermsCash, Conventional

Living Area0 sqft

Lot Size Square Feet106,072 sqft

Lot Size UnitsSquare Feet

MLS Area110 - Dash Point/Federal Way

Middle/Junior High SchoolBuyer To Verify

NWM_ShowMapLinkY

PossessionClosing

Possible UseBusiness, Commercial, Multi-Family, Retail, See Remarks

Property Style43 - Comm/Industrial

Property SubtypeLand

Property TypeLand

Public Remarks*** Recent Price Reduction*** Prime Commercial Property in Federal Way, permit ready and included! Introducing an exceptional business opportunity in a high-traffic area along Pacific Hwy S in Federal

Senior Community Y/NNo

SewerAvailable

Special Listing ConditionsNone

Standard StatusActive

StatusActive

Structure TypeIndustrial

Subdivision NameFederal Way

Tax Annual Amount$36,151

Tax Year2024

TopographyLevel

UtilitiesElectricity Available, Natural Gas Available

ViewTerritorial

Zoning DescriptionBusiness, Commercial, Multi-Family, Retail, See Remarks

Exterior

Building Area Total0 sqft

Irrigation Water Rights Y/NNo

Lot FeaturesCorner Lot, Open Space, Paved, Sidewalk

Lot Size Acres2.4351

Road Surface TypePaved

Water SourceAvailable

Waterfront Y/NNo

Additional Details

Price History

Schools

High School Buyer To Verify High School

Middle School Buyer To Verify Middle School

Elementary School Buyer To Verify Elementary School

Similar Properties

$4,500,000

0 Beds 0 Baths 0 SQFT 2.44 Acres

Type: Land

34413 Pacific Highway S
Federal Way, WA 98003

MLS#: 2363548

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Property

$4,500,000

34413 Pacific Highway SFederal Way, WA 98003

Property Description

Interior Features

Bedrooms

Bathrooms

Other Interior Features

General

Exterior

Additional Details

Price History

Schools

Similar Properties

$4,500,000

34413 Pacific Highway SFederal Way, WA 98003

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34413 Pacific Highway S
Federal Way, WA 98003

34413 Pacific Highway S
Federal Way, WA 98003