Federal Way, WA Property For Sale and Lease

The Maplewood Building is located one block from Virginia Mason and less than a mile from the St. Francis Hospital Campus with each access via I-5. Join quality tenants, Patricia Kho DDS, Retina Specialists, GI Alliance, Kids on 1st Dentistry, and Edward Jones.

Nearly permitted 9 Lot Plat, located in the vibrant Federal Way market is priced to sell. Builders, Developers, and Investors are encouraged to move on these now.

Professional/Medical Office space for lease in Federal Way across from The Crossings shopping center on South 348th Steet and Pacific Highway. Suite 203 is 2,000 SF and located on the second floor with elevator and stairwell access. Suite 203 features an open concept with an office and has scenic views with abundant natural light. Asking lease rate is $18-$19/SF Modified Gross.

Recently Renovated Office Building

Owner-User opportunity

Ideal Location

Frontage on Pacific Hwy S

Wide Range of uses (BC zoning)

High Traffic Counts

Sale Price: $1,395,000

OVERVIEW: The offerings consist of 3,952 SF office building with paved parking around it and approximately 2.19 Acres of graveled and fenced yard space (useable area to be verified).Central location for any business with frontage on Pacific Highway South. Site is located within one mile of the Hwy 18/I-5 interchange and is within close proximity to freeways, Port of Tacoma, retail, services and etc. Commercial Enterprise zoning allows for a variety of uses including contractor’s yard for storage of commercial equipment, vehicles, bulk building materials; Sales, rental, leasing facilities for vehicles, trucks, boats, trailers, motorcycles, equipment, outdoor storage containers; and many more.

New Prime opportunity in city of Federal Way! 2 rental houses located in desirable busy Downtown w/ 3 parcels totaling .95 acre (41,236 sf) zoned RM2400 Multifamily.Great opportunity to collect rents while you develop this flat, dry land, access w/ all utilities connected (water, sewer, electricity) gas in street. Immediate access to I-5, HOV on/off ramps & conveniently close to Hwy 167, 18 w/ walking distance to shopping, FW mall, Steel Lake, restaurants & most importantly the new Sound Transit Light rail & bus station This is a remarkable opportunity, allowable usages include zero lot line townhouses, multifamily dwelling stack units, senior housing & more!This site receives good exposure with 157' of frontage on 28th Ave. & backs to I-5

- Tax parcel # 2021049047

- Land area: 62,408 sf (~1.43 ac.)

- Building size: 2,400 sf

- Year built/upgraded: 1980/2015

- Zoning: CE (Commercial Enterprise)

https://www.codepublishing.com/WA/FederalWay/#!/FederalWay19/FederalWay19240.html

- Jurisdiction: City of Federal Way

- Occupancy: 100% Owner-occupied Tenant providing short term cashflow during the entitlement period

- Sale type: Developer or Owner-User

Centralized location along Hwy-99 with excellent freeway access to I-5 offering convenient access to Seattle, Bellevue, Tacoma and SeaTac airport, and direct access to Auburn, Renton and Kent via Hwy-18.

Signalized T-intersection location with high exposure to approx. 45,000 VPD

Proximity to exiting amenities in the immediate area as well as new developments:

- mixed-use project featuring 395 apartments and 23,000 sf of retail (currently in permitting)

- Sound Transit new $1.4 Billion light-rail Operations and Maintenance Facility on a 59-acre site: planned opening date 2029

- Federal Way’s new light-rail station: scheduled date 2024. This extension is anticipated to increase the overall commercial traffic providing more demand to local businesses.

- Smith Brothers Farms’ new 40,000-sf warehouse (and office) for storage and distribution.

- The Commons Shopping Mall expansion: three new “pad” sites with free-standing buildings, totaling 16,000 sf to serve new businesses and restaurants tenants.

For information on the light-rail system expansion project: https://www.soundtransit.org/system-expansion

Soon to vacate Ace Hardware in Federal Way on busy Pacific Hwy S. Ample parking with great visibility and small yard.

The offering consists of a fenced, graveled, gated yard and two structures: partially improved office/house and storage warehouse with office/studio apartment on the second floor.

In addition to being conveniently located off Pacific Highway South, this yard is also close to I-5/Hwy 18 interchange, SR 167and Port of Tacoma.

Variety of retail and services in the vicinity including Lowe's Home Depot, Costco, Walmart, U-Haul Moving & Storage, The Commons of Federal Way, automotive businesses, restaurants and many more.

Prospective tenants are advised to independently verify the usable land acreage to ensure it meets their specific needs and requirements.

Looking to elevate your business? Discover a prime hub for success in Federal Way, ideal for healthcare, cafes, and financial services. Tailored for thriving in a vibrant community, this space is your key to business excellence.

Rental Price: $1,300 - $2,400 per month

Land size can be increased.

Industrial Development Opportunity. Call For Offers: October 5th, 2023. Rezone is currently in progress to change the zoning from residential to Commercial Enterprise, which allows a variety of industrial uses including warehouse and distribution. The rezone is expected to be completed by November 2023.

Neon Plaza is centrally located in Federal Way, near The Commons and other major retailers. The Commons is a regional mall in Federal Way and home to Amazon Fresh, Dick's Sporting Goods, Target, Kohls, Century Theater and many other national retailers.

Ample parking

Traffic count of 40,000 +CPD on Pacific Highway and 324th Street.

Easy access from Pacific Highway.

Access from 324th & 11th Place S.

FEDERAL WAY'S BEST KEPT SECRET... PROPERTY FEATURES: Surround by multiple Medical/Dental Sub-Markets and Located in the well-established Office Sub-Market of West Campus. Adjacent to St. Francis Hospital with easy access to I-5, SR-99, SR-518, SR-167 and I-405. Close proximity to Tacoma, SeaTac International Airport, and Seattle. There is only 1,551 SF available. Ample Free Parking, Prime, High Visibility Corner Location with Monument Signage Available. Do not disturb tenants, please call Listing Broker for all showings.

Located in the Northshore area of Federal Way, the property is ideally situated at a busy intersection of 356 & 21st Ave with high traffic count.

◾ Can accommodate variety of uses including: retail, restaurants, medical office, etc.

◾ Corner space with abundant natural light.

◾ Dense population with 10,000+ people within 1-mile radius.

Prime location retail/medical office (healing arts) Space for lease in Federal Way near the freeways. The suite has 749 SF and has an open area with 2 offices. Ideal for most healing arts/ medical or professional offices Existing Tenants include Yoga Studio, Massage, and Therapists.

Federal Way

Pad Opportunity - 3,000 or 2,049 SF options for QSR with drive thru

Mixed-use development opportunity centrally located within the City of Federal Way. Two contiguous parcels combine for 1.68 acres. The property is zoned Neighborhood Business, which allows several development options including; Office, Retail, Car Washes, Gas Stations, Multifamily and Senior Housing. Commercial & Residential mixed-use developments are encouraged. Furthermore, the site receives good exposure with approximately 300' of frontage along Military Road S and 15K-25K daily traffic counts. Sewer, water and electricity are all available in street. Convenient access to I-5, Pacific Hwy S, and the Star Lake future light rail station. The site was previously approved for retail development, ownership has several plans and reports available to assist with future projects including; Civil Plan Set, Geotechnical, Surveys, etc.

About The Property

• Fred Meyer Anchored Retail

• Located off of 21 st Ave SW and SW Campus Dr with a Combined Traffic Count of 36,000 CPD

• Easy Parking and Excellent Access

Property Description

• Available Square Footage: Suite 4 7,380 SF

• Lease Rate: Call Broker for Details

Distinguished class A medical office building. Main lobby offers a modern tech look, metro bus route comes within 1 block of the building, plentiful free 6.90/1,000 SF parking ratio, state-of-the-art telecommunication service through CenturyLink & Comcast, five blocks from St. Francis Hospital, 5 minutes to Rhododendron Species Garden, park and ride within 1 block of the building.

This property is surrounded by rooftops and is in close proximity to retail/shopping, services, HWY 99, 509, I5 and HWY 18. The offering consists of four parcels totaling 3.23 Acres. Neighborhood Business (BN) allows for a variety of uses including office, retail, multifamily, restaurants, churches and many more. For more information on uses and regulations, please

visit https://www.codepublishing.com/WA/FederalWay/ to access Federal Way Revised Code Chapter 19.215.

​Approx 2.66 Acres

​Fully Signalized Intersection

​Excellent Visibility

​Great Frontage On Both Hwy 99 & S 356th St

​Across From Arco And Future 7/11

​Price $3,200,000

​Zoning Commercial Enterprise

​Jurisdiction City Of Federal Way

​On 356th, West Of Hwy 99 10,673 Adv (2020)

​On Hwy 99, North Of 356, 26,179 Adv (2020)