45 Tolt Ave, Carnation, WA 98014

This permit-ready mixed-use development sits on a corner lot and is designed with a three-part vertical layout. The main floor provides two large retail spaces sized 1,175 and 1,295 sq ft. The middle floor is configured for office use with three large office spaces of 1,378, 1,566, and 2,575 sq ft, supported by a center corridor with common baths and an elevator. The top floor includes three apartments sized 821, 1,237, and 1,408 sq ft. The building is planned for a 40-foot height and includes eight parking stalls. Site civil work is complete, with the property ready to pull permits and begin construction.

The project is positioned on a corner lot with 113 feet of Tolt frontage in Carnation’s central business district. The asset is described as having prime visibility in the area, which may support foot traffic and drive-by exposure for ground-floor retail. The surrounding context is noted as a growing town with hundreds of new homes under construction, creating demand for new services and business options.

For tenants and owner-operators, the building’s mix of retail, office, and residential units can accommodate multiple operating models within one structure. With elevator service and common corridor amenities for the office level, the plan is set up for straightforward tenant layouts. The inclusion of on-site parking can also support day-to-day access for customers, employees, and residents.