Tag Archives: top commercial sales

Viking corner, Gorst storage among February commercial sales

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 documents.

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, LLC.

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 Viking Way.

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, LLC.

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 303.

Notes: This is the second time this property has changed hands in the past five months.