Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    Tolt Ave Carnation, WA 98014

    Sponsored
    For Sale
    $1,250,000

    Downtown Carnation Mixed-Use Investment

    Property size:
    15,287 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    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.

    Property Features for 0 Tolt Ave

    General Information

    Property type
    Individual retail properties
    Square Feet
    15,287 SF

    Building Details

    Year Built
    2025
    Buildings
    1
    Stories
    3
    Units
    8

    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 Profile Location Intelligence

    Current Use by Public Records

    Office space

    Map

    City
    Carnation
    County
    King
    State
    Washington
    Longitude
    -121.9141018944
    Latitude
    47.64821762766

    Nearby Comparable

    • $2,100,000
      15,165 SF

      Two Carnation Commercial Properties

      Two adjacent buildings with retail and warehouse space for sale.
      4521 Tolt Ave, Carnation, WA 98014
      View Details
    • Contact for pricing

      Duvall Commercial Land Opportunity

      Prime Retail Lots, King County, WA
      0 Big Rock Rd, Duvall, WA 98019
      View Details
    • $900,000

      Versatile Redmond Mixed-Use Property

      3.5 acre property with permitted converted barn and studio.
      24626 NE 102Nd St, Redmond, WA 98053
      View Details
    • $1,900,000
      5,872 SF

      Fall City Restaurant & Tavern Investment

      Prime Restaurant Property, High Cap Rate
      33723 Redmond, Fall City, WA 98024
      View Details
    • $1,800,000
      5,872 SF

      Fall City Mixed-Use Investment Property

      Mixed-use property with established restaurants and apartment in Fall City.
      33723-33731 SE Redmond-Fall City Rd, Fall City, WA
      View Details
    • $599,999
      1,448 SF

      Updated Condo in Redmond Ridge

      Updated condo in vibrant 55+ community with no rental cap.
      23910 NE 112Th Pl, Redmond, WA 98053
      View Details
    • Contact for pricing
      201,267 SF

      Commercial Land in Duvall

      Five lots available for retail development in Duvall, Washington.
      14000 Northeast Big Rock Rd, Duvall, WA 98019
      View Details

    Nearby Similar for Sale

    • $2,100,000
      15,165 SF

      Two Carnation Commercial Properties

      Two adjacent buildings with retail and warehouse space for sale.
      4521 Tolt Ave, Carnation, WA 98014
      View Details

    FAQs

    What type of property is this?
    Individual retail property - Downtown Carnation Mixed-Use Investment
    Where is this individual retail property located?
    The property is located at Tolt Ave Carnation, WA.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: $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.
    Request Owner's contact information
    Tolt Ave Carnation, WA 98014
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Tolt Ave
    Carnation, WA 98014
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Tolt Ave Carnation, WA 98014
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.