$2,200,000
Est. $12,186/mo4760 Tolt Avenue, Carnation, WA 98014
• Listed Jul 1, 2026•32 days active · 32 cumulative
Listing Broker: RE/MAX Northwest; William Chappell; 503-358-9567; william@lsdreamteam.com
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Listing Broker: RE/MAX Northwest; William Chappell; 503-358-9567; william@lsdreamteam.com
About this home
Turnkey restaurant + real estate opportunity in the heart of Carnation. The Carnation Cafe is a well-established community institution with strong recent financial performance and a loyal local following.This prime corner property on Main Street in Carnation offers excellent visibility and traffic. The building is in good condition with a new roof (6 yrs), fresh exterior paint (4 yrs), and newly paved parking lot (2 yrs). Features ~50 indoor seats, 20 at the bar, and a large patio for ~20 more — approximately 90 total guests. 14 ft Type I hood and 4 ft Type II hood in kitchen.The business has shown impressive 2026 results with healthy revenue and strong gross margins. Detailed financials available to qualified buyers upon request.Flexible sale structure if needed.The current head chef has expressed interest in staying on under new ownership (subject to structure). A rare opportunity to own a proven, community-loved restaurant in a growing valley market with flexible terms to fit different buyer goals.
Listed by William Chappell • RE/MAX Northwest
Listing updated: September 21, 2026 at 11:35pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2548035
Around this home
How much should you offer?
4760 Tolt Avenue, Carnation, WA 98014
Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
Property details
Layout
- Comm Bldg Und 10K
Flooring
- Engineered Hardwood
Heating & cooling
- Heat Pump heating
- Heat Pump cooling
Schools
Ratings via SchoolDigger- Carnation Elementary SchoolPublic · Grades PK-5 · 0.2 mi · State rank 202 of 1,1388/10
- Tolt Middle SchoolPublic · Grades 6-8 · 0.5 mi · State rank 122 of 5148/10
- ClipPublic · Grades 9-12 · 0.3 mi—
Schools shown are the nearest public Elementary, Middle, and High school for this property and may not be the assigned schools. Verify attendance boundaries with the district before purchasing.
Commercial facts
As entered by the listing broker on Northwest MLS
Building
- Building square feet
- 3,168 sq ft
- Year built
- 1975
- Environmental survey
- No
Parking & site
- Parking spaces
- 30
- Uncovered parking
- 30
- Acres
- 0.59 acres
- Lot square feet
- 25,485 sq ft
- Zoning jurisdiction
- City
Taxes & terms
- Annual taxes
- $7,872
- Tax year
- 2026
- Total assessed value
- $871,200
- Financing
- Cash, See Remarks
Neighborhood mobility
Doorstep, Pedal & Station Scores
Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.
Ground Truth™
The ground, the slope, the flood zone and the noise at this address
Read from public hazard, flood, terrain and noise maps for this exact home.
Address Insider™
The members' report
Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.
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Sales & Tax Records for 4760 Tolt Avenue
NWMLS via MLS Grid · King County AssessorEvery listing, pending, price change and closing filed on this home with the NWMLS, the county’s recorded sales, and its assessed values by tax year.
- Jul 1, 2026ListedNWMLS via MLS Grid · #2548035$2,200,000
- Feb 14, 2024Recorded saleKing County recorder · Warranty deed$900,000
- Feb 6, 2019Recorded saleKing County recorder$7,168
- Dec 27, 2012Recorded saleKing County recorder · Warranty deed$245,000
Mortgage payment forecast
$13,392 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedSource: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.
Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
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Listing Broker: RE/MAX Northwest; William Chappell; 503-358-9567; william@lsdreamteam.com
Market pulse
Carnation is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
Offer insight: Homes typically sell with one offer near asking price.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 112 days.
Recent sales nearby
Within 1 mile · last 6 months$559,990 Sold
1 day ago
3 bd•2.5 ba•~1,369 sq ft•Single Family
31858 Myrtle Lot 41 Street, Carnation, WA 98014
0%
Over list
145
Days on market
0.3 mi
Distance
$90,000 Sold
1 day ago
•Single Family
0 E Reitze Street, Carnation, WA 98014
31%
Under list
106
Days on market
0.1 mi
Distance
$1,049,995 Sold
4 days ago
4 bd•2.75 ba•~2,597 sq ft•Single Family
31974 Victoria Street, Carnation, WA 98014
0%
Over list
46
Days on market
0.5 mi
Distance
$499,990 Sold
1 week ago
2 bd•1.5 ba•~1,057 sq ft•Single Family
4224 Tolt Lot 3 Avenue, Carnation, WA 98014
0%
Over list
318
Days on market
0.3 mi
Distance
$525,000 Sold
2 weeks ago
3 bd•1.75 ba•~1,920 sq ft•Single Family
5609 318th Avenue NE, Carnation, WA 98014
25%
Under list
78
Days on market
0.5 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Oct 2026
Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of October 21, 2026 at 2:34 AM PT (date and time MLS GRID Data was obtained). 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.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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