A prominent Viking Way corner, a former Boater’s World on
Highway 303, and a self-storage facility in Gorst were among the
notable commercial sales of February.
Thirteen commercial parcels changed hands last month for a total
of $8.12 million, according to county assessor’s
Here’s a look at a few high-profile transactions:
Viking Way/Lindvig Way — $375,000
Sale date: Feb. 9
Assessed value: $225,490
Sold by: Armstrong and Degroot to Bertsch,
Description: A half-acre parcel and
3,300-square-foot building at 371 Lindvig Way, on
the southeast corner of the Viking Way intersection
(behind the famous Viking statue).
Notes: The property was home to
engineering firm. The buyer owns Peninsula Fire Inc., also on
Bayview Mini Storage — $1.8 million
Sale date: Feb. 2
Assessed value: $1.66 million
Sold by: Bayview Mini Storage,
LLC. to Amerco Real Estate Company
Description: A 4-acre storage facility
located at 4107 W Highway 16, in the middle of the Highway
3/16 junction in Gorst.
Notes: Buyer Amerco Real Estate is the
holding company for U-Haul. It appears U-Haul has a moving store
and other upgrades planned.
Former Boater’s World — $565,000
Sale date: Feb. 3
Assessed value: $873,160
Sold by: Noffre, LLLP. to Archie May,
Description: A three-quarter-acre property
and 6,600-square-foot building at 5251 Highway 303.
Notes: Boater’s World locations were
liquidated as part of the
first Ritz Camera bankruptcy in 2009. The new owner is
based in Bellevue.
Dollar Tree property — $2.83 million
Sale date: Feb. 6
Assessed value: $1.39 million
Sold by: Patriot Equity Partners, LLC. to
Drebick Investments, LLC.
Description: A 2-acre parcel and
18,600-square-foot building at 1600 NE Furneys Lane, off Highway
Notes: This is the second time this
property has changed hands in the past five months.