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JRJeff ReynoldsCompass · Seattle

Listed by Paul Isenburg, Windermere Real Estate/East

Land
Type
8,940 sq ft
Lot
553
Days on market

About this property

Unique opportunity for permit-ready commercial building on prime visibility corner lot in central Carnation business district. Rapidly growing town with needs for commercial business sites. Building includes 2 large retail spaces, 1175 & 1295 sq ft on main floor; middle floor offers 3 large office space: 1378, 1566 & 2575 sq ft spaces; 3 top floor apartments: 821, 1237 & 1408 sq ft. 8 parking stalls; center corridor space w/ common baths & elevator. 40 ft height; 15,297 lot size; 113' Tolt front footage. Site civil work is complete; ready to pull permit & start construction on this keystone property in rejuvenating & growing town. Hundreds of new homes under construction will need new services/business options. Great time to fill the needs

Location & commute

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Directions

Property details

Listing details

Listing number
#2382383
Listed
May 30, 2025
Days on market
553 (includes a prior listing period)
Original list price
$1,100,000

Unit & building

Building
Tolt Townsite

Views

View
CityTerritorial

Construction

Style
43 - Comm/Industrial
Structure
None

Lot

Lot features
AlleyCorner LotCurbsPavedSidewalk
Lot size
8,940 sq ft

Terms

Terms offered
CashConventional

Utilities

Utilities
Electricity AvailableNatural Gas Available
Water
AvailableIn StreetOn Property
Sewer
AvailableOn Property

Schools

District
Riverview
Elementary
Carnation Elem
Middle
Tolt Mid
High
Cedarcrest High

What stands out to you?

Mark features you love or could do without. Saved on this device to tune what you see.

  • City
  • Territorial
  • None
  • Alley
  • Corner Lot
  • Curbs
  • Paved
  • Sidewalk
  • Cash
  • Conventional
  • Electricity Available
  • Natural Gas Available

Listing history

  1. Listed

    $1,100,000

    May 30, 2025

  2. Current price

    $950,000

Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.

Payment estimate

An estimate to help you plan, not a loan offer or financial advice.

Est. monthly

$5,532

Principal & interest
$4,804
Property tax (est.)
$728

Assumes $190,000 down (20%), a $760,000 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.

Similar nearby listings

Based on information submitted to the MLS GRID as of July 14, 2026 at 12:00 AM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.