29020 Military S RoadFederal Way, WA98003

$795,000
1.6764 acres
Elementary School: Buyer To Verify
Middle School: Buyer To Verify
High School: Buyer To Verify
Zoning: BN (Neighborhood Business)
542 days on market

VestorFilter™

Price per acre$474.2K/ac
Time on market19845 days

Property Description

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.

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Financial Data

Original Price$875,000
Current Price$795,000

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Home Facts

StatusActive
MLS IDNWM2014843