0 Tolt AveCarnation, WA 98014

For Sale
$1,250,000

Downtown Carnation Mixed-Use Investment

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional mixed-use building presents a compelling investment opportunity in the heart of Carnation, WA. The 15,287 square foot, three-story building, constructed in 2025, boasts 11,456 square feet of net rentable space across eight units. The property features two street-level retail spaces, three second-floor offices, and three top-floor apartments, each with a 650+ sq ft rooftop deck. A central entryway and elevator provide convenient access to all units. The building includes seven parking stalls, one designated for handicap accessibility, and common bathrooms on the main and middle floors. Located on Tolt Ave in the CBD, this fee-simple property sits on an 8,940 sq ft lot (APN: 8658302065). With fully approved plans and a shovel-ready status, this property is perfectly positioned to capitalize on the significant growth in Carnation, fueled by over 200 new homes currently under construction. This keystone property offers a unique blend of retail, office, and residential spaces, promising strong rental income and significant appreciation potential. The asking price is $1,250,000.

Highlights

  • $1,250,000 asking price for a mixed-use building in Carnation, WA.
  • 15,287 total square feet, with 11,456 square feet of net rentable space.
  • Eight units, including office and retail spaces, plus three apartments.
  • Three-story building, constructed in 2025, situated on an 8,940 square foot lot in a CBD-zoned area.
  • Includes seven parking stalls, one designated handicap.
  • Fee simple ownership with broker co-op available.

Property Details for 0 Tolt Ave

Property type
Other retail properties, Individual retail properties
Square Feet
15,287 SF
Year Built
2025
Buildings
1
Stories
3
Units
8

Location Insight

City
Carnation
County
King
State
Washington
Latitude
47.64821762766
Longitude
-121.9141018944
Tolt Ave, Carnation, Washington

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
0 Tolt Ave
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message