Medical buildings, Pier 1 Imports among recent commercial sales

The $20 million sale of Silverdale medical building topped the list of Kitsap commercial property sales from May and June (yep, we’re playing catch-up).

The Silverdale property, home to The Doctors Clinic Salmon Medical Center, sold to a Wisconsin company in May, along with Harrison Medical Center’s Port Orchard campus.

Other big ticket deals included the sale of the Pier 1 Imports property and The Reserve at Bucklin Hill apartments, both in Silverdale.

All told, 25 commercial parcels sold in May for a combined $67.6 million, according to assessor’s records. June saw another 30 parcels change hands for $12.02 million.

Here’s a look at a few  high-profile transactions:

Salmon Medical Center Silverdale — $20 million

20050428-000033-pic-6290302-1Sale date: May 14

Assessed value: $15.7 million

Sold by: Tim Ryan Properties LP to HP SIlverdale, LLC.

Description: A 6.4 acre property and 59,000-square-foot building at 2200 NW Myhre Road, north of Harrison Medical Center’s Silverdale campus.

Notes: Tim Ryan developed the center, which is leased to The Doctors Clinic. The buyer was a subsidiary of The Hammes Company of Wisconsin.

Harrison Port Orchard — $13.74 million

20090113-181808-pic-839579123_5852379_ver1.0_640_480Sale date: May 14

Assessed value: $13.76

Sold by: Tim Ryan Properties LP to HP Port Orchard, LLC.

Description: Two tax parcels totaling 8 acres at 450 South Kitsap Boulevard. The 32,000-square-foot medical building is home to a Harrison Medical Center’s urgent care and other services.

Notes: Another Tim Ryan property sold to The Hammes Company.

The Reserve at Bucklin Hill — $12.84 million

Sale date: May 7

Assessed value: $12.33 million

Sold by: Emerald Crest, LLC. to Bucklin Hill Residential, LLC.

Description: A 9.5-acre property with apartment complex on Mirage Lane and Sid Uhinck Drive in Silverdale.

Notes: Bucklin Hill Residential is a Dale Sperling company. Sperling is a well known developer who recently bought Bremerton’s old Nite Shift bar.

Pier 1 Imports — $3.19 million

Sale date: June 1

Assessed value: $2.99 million

Sold by: DHJ Pier Silverdale, LLC. to Stone-Wall Properties, Inc.

Description: A 1.2-acre property and 10,000-square-foot store at 3235 NW Plaza Rd, near Kitsap Mall.

Former Winslow Way restaurant — $1.75 million

842172_5528847_ver1.0_640_480Sale date: June 5

Assessed value: $625,000

Sold by: Stephen and Gayle Seyl to Madison Avenue Development Inc.

Description: A 1-acre property with a couple of structures at 251 Winslow Way West (west of Madison Avenue).

Notes: This property was home to a couple of restaurants. The 122 Bar and Restaurant occupied a space along Winslow Way. It burned down in 2012 in a fire likely caused by lightning. 

The popular Bainbridge Island BBQ was located in a house at the south end of the parcel, before closing in 2013.

Madison Avenue Development Inc. owns a number of prominent Winslow properties.

Poulsbo waterfront — $1.16 million

Sale date: May 4

Assessed value: $607,600

Sold by: Michael D Bohannon PLLC (trustee) to Sophia Solario

Description: Two tax parcels totaling one-third of an acre at 19043 and 19041 Front Street, west of the Sons of Norway. Buildings are home to Bei Capelli Salon and Olympic Photo Group.

Notes: This was a trustee’s sale forced by Solario, who’d loaned money to former owner Harbor Lights Development, LLC., according to documents filed with the county.

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