Federal Way, WA Retail Property For Sale

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Land for Sale

Federal Way, WA 98003

- 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)


- 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

Retail for Sale

Federal Way, WA 98003

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

Retail for Sale

Federal Way, WA 98023

Are you ready to step into the world of entrepreneurship? This established coffee shop is the perfect opportunity for anyone who's dreamt of owning their own business. Whether you're a seasoned barista or a savvy business investor, this high-traffic location is a must-see. Key features: Fully equipped for espresso and boba, easy to learn and manage, smooth transition for new owners, reasonable rent rates, low operating costs, simple menu, convenient operating hours, and competitive pricing. This turnkey business has been a hub for coffee enthusiasts, and there's plenty of potential for growth. Don't miss out on the golden opportunity to be your own boss and satisfy the coffee cravings of your community. Contact us today to learn more!

Retail for Sale

Federal Way, WA 98023

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

• Can accommodate a variety of uses including: retail, restaurants, medical office, and more.

• Vacant space is approximately 51% of the total building and an owner-user may qualify for an SBA financing.

• Two existing tenants provide income to new owner.

Retail for Sale

Federal Way, WA 98003

​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)

Retail for Sale

Federal Way, WA 98003

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