45 Xx Tolt Ave, Carnation, WA 98014
This exceptional commercial property presents a unique investment opportunity in the thriving Carnation, WA community. Situated on a prime corner lot at 45 Xx Tolt Avenue, this fully pre-approved three-story building plan offers 15,287 square feet of versatile space. The design includes two expansive main-level retail spaces, each boasting abundant natural light and convenient access via a shared corridor entryway. A common bathroom and elevator provide easy access to the upper floors. The second floor comprises three sizable office spaces, complemented by two bathrooms. The top floor features three apartment units, two of which boast expansive rooftop decks, while the third offers a private balcony. Seven parking stalls are included, ensuring ample parking for tenants and visitors. The property boasts 113 feet of road frontage on Tolt Avenue, with additional access from Entwistle, providing excellent visibility and accessibility. Underground utilities are already in place, and water is connected, streamlining the construction process. With new homes under development in Carnation, this property is ideally positioned to capitalize on the growing demand for commercial services and office space. Flexible signage options further enhance its appeal. This is a chance to establish a lasting presence in a rapidly expanding market
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.