0 Tolt Ave Carnation, WA 98014

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.