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    OFF-MARKET
    Commercial real estate

    45 Xx Tolt Ave, Carnation, WA 98014

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    Property summary
    AI-generated overview

    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

    Property profile
    Verified
    Property type Commercial real estate
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Permitted uses
    Allowed · conditional · prohibited
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