Log In/Sign Up
Your email has been sent.
10315 Silverdale Way NW
Silverdale, WA 98383
Kitsap Mall · Retail Property For Sale


Executive Summary
KITSAP MALL ANCHOR OPPORTUNITY
The Offering presents the opportunity to acquire a 120,088 SF anchor-scale retail box situated on its own parcel at Kitsap Mall, the dominant regional mall in the Kitsap Peninsula. The Property represents a rare owner-user opportunity as the only vacant retail box over 50,000 SF within a one-hour driving radius of the property, per ArcGIS. Formerly occupied by Macy’s, the Site benefits from its position within the highly visited mall and excellent access off Silverdale Way. While unpriced, the property is expected to trade well below replacement cost.
Kitsap Mall generated over 5 million visits in 2025, ranking in the top 5% of malls nationally, according to Placer.ai. The subject parcel fronts Silverdale Way NW, which carries ±13,000 VPD and benefits from direct connectivity to the region’s primary retail and employment hub.
The Mall has demonstrated its ability to successfully reposition legacy anchors, highlighted by WinCo Foods’ 2022 opening in the former Sears space. Multiple national retailers are in negotiations for pad sites around the mall. The former Macy’s closed in March 2025, creating a clean-slate redevelopment opportunity within a high-performing retail corridor.
The Offering presents the opportunity to acquire a 120,088 SF anchor-scale retail box situated on its own parcel at Kitsap Mall, the dominant regional mall in the Kitsap Peninsula. The Property represents a rare owner-user opportunity as the only vacant retail box over 50,000 SF within a one-hour driving radius of the property, per ArcGIS. Formerly occupied by Macy’s, the Site benefits from its position within the highly visited mall and excellent access off Silverdale Way. While unpriced, the property is expected to trade well below replacement cost.
Kitsap Mall generated over 5 million visits in 2025, ranking in the top 5% of malls nationally, according to Placer.ai. The subject parcel fronts Silverdale Way NW, which carries ±13,000 VPD and benefits from direct connectivity to the region’s primary retail and employment hub.
The Mall has demonstrated its ability to successfully reposition legacy anchors, highlighted by WinCo Foods’ 2022 opening in the former Sears space. Multiple national retailers are in negotiations for pad sites around the mall. The former Macy’s closed in March 2025, creating a clean-slate redevelopment opportunity within a high-performing retail corridor.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
120,088 SF
Building Class
B
Year Built/Renovated
1985/1997
Percent Leased
3%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.21
Lot Size
13.23 AC
Zoning
RC
Parking
600 Spaces (5 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Food Court
- Freeway Visibility
- Property Manager on Site
- Restaurant
- Signage
- Kiosk/Cart Space
- Enclosed Mall
- Air Conditioning
Property Taxes
| Parcel Number | 162501-2-088-2009 | Improvements Assessment | $25,972,440 |
| Land Assessment | $4,094,830 | Total Assessment | $30,067,270 |
Property Taxes
Parcel Number
162501-2-088-2009
Land Assessment
$4,094,830
Improvements Assessment
$25,972,440
Total Assessment
$30,067,270
1 of 10
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
