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4500 Tolt Ave - Confluence Building

0.21 Acres of Commercial Land Offered at $1,150,000 in Carnation, WA 98014

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 retails spaces; 3 office spaces on middle floor and 3 residential apartments on top floor. Elevator access to all 3 floors. Common corridors with baths on first 2 floors. Fully engineered plans are approved and permit ready for build out.

PROPERTY FACTS

Price $1,150,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Mixed Use
Total Lot Size 0.21 AC
Cross Streets Entwistle St

1 LOT AVAILABLE

Lot 15-17

Price $1,150,000
Price Per AC $5,603,360.07
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/ 7 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 office spaces. 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.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
865830-2065
Land Assessment
$357,600
Improvements Assessment
$0
Total Assessment
$357,600

ZONING

Zoning Code CBD (Central Business District--allows almost any type of business, retail, office usage except industrial.)
CBD (Central Business District--allows almost any type of business, retail, office usage except industrial.)
  • Listing ID: 33464114

  • Date on Market: 10/9/2024

  • Last Updated:

  • Address: 4500 Tolt Ave, Carnation, WA 98014

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