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4500 Tolt Ave - Confluence Building 0.21 Acres of Commercial Land Offered at $950,000 in Carnation, WA 98014

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Investment Highlights

Highly visible traffic on major highway in town

Recently updated city landscaping & sidewalks

Executive Summary

Great opportunity to supply much needed office & retail spaces in downtown Carnation. 2 main floor , high-visibility retails spaces; 3+ office spaces on middle floor and 3 residential apartments on top floor. Elevator access to all 3 floors. Common corridors and baths on first 2 floors. One large office space on 2nd floor could allow for division for more units/capacity. Fully engineered plans are approved and permit ready for build out. Civil development work completed. 120 new homes being built in community; average price $1M. Unique opportunity for local focus/demand fulfillment.

Property Facts

Price	$950,000	Proposed Use	Commercial Retail Mixed Use
Sale Type	Investment	Total Lot Size	0.21 AC
No. Lots	1	Year Built	2019
Property Type	Land	Cross Streets	Entwistle St
Property Subtype	Commercial
Zoning	CBD - Central Business District--allows most any type of business, retail, office usage except industrial. Top floor residential use; Flexible signage too

Price	$950,000
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Retail Mixed Use
Total Lot Size	0.21 AC
Year Built	2019
Cross Streets	Entwistle St
Zoning	CBD - Central Business District--allows most any type of business, retail, office usage except industrial. Top floor residential use; Flexible signage too

1 Lot Available

Lot 15-17

Price	$950,000	Lot Size	0.21 AC
Price Per AC	$4,628,862.66

Price	$950,000
Price Per AC	$4,628,862.66
Lot Size	0.21 AC

High visibility lot with all civil work completed for 3 story commercial building. Fully approved plans for 15,287 sq ft building w/ 8 parking stalls. Fast growing town--most prominent corner lot in the City. Great pedestrian traffic. Mixed use bldg

Description

This is the Keystone property in downtown Carnation. Unique opportunity to capture maximum pedestrian and vehicle traffic visibility on main streets in the City. Lots of new growth going on in/around town will increase the need and demand for new retail, and commercial businesses and location spaces for them. Utilities and all civil work completed and on site. Fully engineered and approved plans for 15,287 sq ft building with 8 covered parking spaces. 11,456 square feet of rentable space. Shovel ready to begin now.

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Aerial
Map

4500 Tolt Ave, Carnation, WA - Aerial map view - Image1

4500 Tolt Ave, Carnation, WA - Aerial map view - Image2

4500 Tolt Ave, Carnation, WA - Aerial map view - Image3

Somewhat walkable

30/100

Very drivable

80/100

Limited public transit

30/100

Moderately bikeable

70/100

Source: Local Logic^®

Property Taxes

Parcel Number	865830-2065	Improvements Assessment	$0
Land Assessment	$447,000	Total Assessment	$447,000

Property Taxes

Parcel Number

865830-2065

Land Assessment

$447,000

Improvements Assessment

Total Assessment

$447,000

(425) 822-5100

Contact

Paul Isenburg
Windermere Services Company

Listing ID: 33464114
Date on Market: 10/9/2024
Last Updated:
Address: 4500 Tolt Ave, Carnation, WA 98014

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Map

4500 Tolt Ave, Carnation, WA for sale Construction Photo- Image 1 of 6 — Confluence bldg front

4500 Tolt Ave, Carnation, WA for sale Aerial- Image 2 of 6 — View to north

4500 Tolt Ave, Carnation, WA for sale Aerial- Image 3 of 6 — Eastern view of property

4500 Tolt Ave, Carnation, WA for sale Aerial- Image 4 of 6 — South view from property

4500 Tolt Ave, Carnation, WA for sale Other- Image 5 of 6 — 140 new-home development just south from site

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4500 Tolt Ave - Confluence Building

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