Federal Way, WA 98023,35415 SW 21st Ave
Federal Way, WA 98023,35415 SW 21st Ave
Federal Way, WA 98023,35415 SW 21st Ave
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Listed by COMPASS Alexandar Hong 
$1,500,000
Est. payment /mo
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35415 SW 21st Ave Federal Way, WA 98023

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Steve Hiatt

Steve Hiatt

+1(253) 312-1834

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Key Details

Property Type Commercial

Sub Type Commercial Industrial

Listing Status Active

Purchase Type For Sale

Subdivision Federal Way

MLS Listing ID 2473331

Style 70 - Industrial

Lot Dimensions 140706

Property Sub-Type Commercial Industrial

Property Description

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.

Location

State WA

County King

Area 110 - Dash Point/Federal Way

Interior

Fireplace false

Building

Sewer Sewer Connected

Water Public

Others

Senior Community No

Acceptable Financing Cash Out, Conventional, Owner Financing

Listing Terms Cash Out, Conventional, Owner Financing

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.

NEARBY SCHOOLS & PROPERTIES

SCHOOLSPROPERTIES
Elementary Schools 20
  • 7

    Enterprise Elementary School

    Public | PK - 5

  • 6

    Green Gables Elementary School

    Public | PK - 5

  • 5

    Northeast Tacoma

    Public | PK - 5

  • 5

    Crescent Heights

    Public | KG - 5

  • 4

    Illahee Middle School

    Public | 5 - 8

  • 4

    Sherwood Forest Elementary School

    Public | PK - 5

  • 4

    Panther Lake Elementary School

    Public | PK - 5

  • 4

    Brigadoon Elementary School

    Public | PK - 5

  • 4

    Silver Lake Elementary School

    Public | PK - 5

  • 4

    Mirror Lake Elementary School

    Public | PK - 5

  • 4

    Lake Grove Elementary School

    Public | PK - 5

  • 2

    Olympic View Elementary School

    Public | PK - 5

  • 1

    Twin Lakes Elementary School

    Public | PK - 5

  • 1

    Adelaide Elementary School

    Public | PK - 5

  • 0

    Montessori Academy at Spring Valley

    Private | PK - 8

  • 0

    Brooklake Christian School

    Private | PK - 6

  • 0

    Kindercare Learning Center #1696

    Private | PK - TKG

  • 0

    St Luke's Preschool & Kindergarten

    Private | PK - KG

  • 0

    Compass Montessori School

    Private | PK - KG

  • 0

    Life Academy of Puget Sound

    Private | PK - 12

Middle Schools 5
  • 9

    Federal Way Public Academy

    Public | 6 - 10

  • 5

    Meeker

    Public | 6 - 8

  • 3

    Lakota Middle School

    Public | 6 - 8

  • 1

    Saghalie Middle School

    Public | 6 - 8

  • 0

    Merit School

    Public | 6 - 12

High Schools 4
  • 3

    Decatur High School

    Public | 9 - 12

  • 0

    Employment Transition Program

    Public | 9 - 12

  • 0

    Federal Way Running Start Home School

    Public | 11 - 12

  • 0

    Gateway to College

    Public | 9 - 12

School and business data provided by Attom Data.

GET MORE INFORMATION

Steve Hiatt

Steve Hiatt

Broker | License ID: 103770

+1(253) 312-1834

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35415 SW 21st Ave