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Listed by Venture Real Estate Group LLC
$ 4,900,000
Est. payment | /mo
2.44 Acres Lot
$ 4,900,000
Est. payment | /mo
2.44 Acres Lot
Key Details
Property Type Commercial
Sub Type Commercial Industrial
Listing Status Active
Purchase Type For Sale
Subdivision Federal Way
MLS Listing ID 2364962
Style 64 - Hotel/Motel
Annual Tax Amount $36,151
Lot Size 2.435 Acres
Property Sub-Type Commercial Industrial
Property Description
Prime Commercial Property in Federal Way, permit ready! 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. Contact LA w/ questions.
Location
State WA
County King
Area 110 - Dash Point/Federal Way
Interior
Fireplace false
Building
Sewer Available
Water Public
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
"Three Trees" icon indicates a listing provided courtesy of NWMLS.
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RSVP Real Estate Group
Real Estate Firm | License ID: 17634
Real Estate Firm License ID: 17634