35415 SW 21st Ave, Federal Way, WA, 98023
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$1,500,000
4 Days On Site
35415 SW 21st AveFederal Way, WA 98023
For Sale|Commercial Sale|Active
0
Beds
0
Total Baths
—
SqFt
—
/SqFt
Cumulative Days On Market:
4
Subdivision:
Federal Way
County:
King
Courtesy of NWMLS
Listing courtesy of Alexandar Hong of COMPASS
Listing courtesy of Alexandar Hong of COMPASS
Call Now: 425-242-8838
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425-242-8838
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$6,844Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.
Exceptional value-add development opportunity in a high-demand Federal Way corridor. Spanning 3.23 acres and zoned BN (Business Neighborhood), this site supports a wide range of revenue-generating uses. Tons of feasibility done for a strip mall, restaurant concepts, coffee shop, and office buildings—significantly reducing timeline and entitlement risk. Included in the sale are parcels located at 35415, 35409, 35104, and 35305 21st Avenue SW, Federal Way, WA 98023. Ideal for investors and developers seeking a high-yield, long-term income-producing asset. Seller is open to creative financing structures, offering additional flexibility to maximize returns.
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Listing Snapshot
Price
$1,500,000
Days On Site
4 Days
Bedrooms
N/A
Inside Area (SqFt)
0 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
N/A
Year Built
N/A
MLS® Number
2473331
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 4 days ago | Listing updated with changes from the MLS® | |
| 4 days ago | Listing first seen on site |
General Features
Utilities
Sewer Connected
Water Source
Public
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Exterior Features
Lot Features
Level
Community Features
Financing Terms Available
Conventional
MLS Area
110 - Dash Point/Federal Way
Courtesy of NWMLS
Listing courtesy of Alexandar Hong of COMPASS
Listing information is provided by Participants of the Northwest MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Northwest MLS.
All data is obtained from various sources and may not have been verified by the broker or MLS Grid. Supplied open house information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2026-02-02 02:02 PM PST
Listing courtesy of Alexandar Hong of COMPASS
Listing information is provided by Participants of the Northwest MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Northwest MLS.
All data is obtained from various sources and may not have been verified by the broker or MLS Grid. Supplied open house information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2026-02-02 02:02 PM PST
Neighborhood & Commute
Source: Walkscore
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