29223 Pacific Highway South, Federal Way, WA 98003 For Sale

Commercial Land, 29223 Pacific Hwy S, Federal Way, WA 98003

It's a vacant 0.6-acre commercial lot right on Pacific Highway South in Federal Way, zoned for business, commercial, multi-family, office, or retail. It's currently listed for sale at 1.1 million dollars. It's lightly treed with Puget Sound and mountain views, utilities like electricity, water, and gas are on site, and sewer is accessible from the back on 16th Ave S. Property also has the benefit of an easement on the property to the north for ingress & egress. The listing highlights potential for mixed-use redevelopment, like retail with parking levels below and 65 feet of residential units above with a great sound and mountain view.

The lot at 29223 Pacific Highway South is right on the busy highway. Within a short drive or walk along Pacific Hwy S, you'll find several restaurants and amenities:

• • Verrazano's Italian Restaurant is very close at 28835 Pacific Hwy S — that's just a few blocks north.
  • Fast food and chains like Subway, Burger King, Chipotle, and Chick-fil-A are scattered along the same stretch, mostly a mile or two north or south.
  • Other nearby spots include Mama Stortini's, Korean BBQ places, and Black Bear Diner a bit farther up.

For shopping, there's easy access to the Federal Way Crossing area with more dining and retail. Light rail and parks are also nearby.

Transportation around the lot is mostly car-dependent with some bus options. The closest light rail is the Federal Way Downtown Station on the 1 Line, about 3 miles south — roughly a 10-minute drive.

Right in front on Pacific Highway South, the RapidRide A Line runs frequently, connecting you north to the airport, Tukwila, and south toward the Federal Way station. There are stops within a short walk at S 288th and S 308th streets.

The new shared-use path being built behind the property will also improve walking and biking access.