News Column

Familiar buyer purchases Myhre's building in Port Orchard

May 23, 2014

By Chris Henry, Kitsap Sun, Bremerton, Wash.



May 23--PORT ORCHARD -- The historic Myhre's building has sold to Mansour Samadpour, the Seattle-area real estate investor who owns seven other properties in downtown Port Orchard.

The sale was finalized Wednesday, said Bryan Petro, of Windermere Real Estate in Port Orchard. Samadpour's company, Abadan Holdings LLC, paid $425,000 for the two-story building, which was gutted by fire in 2011, plus the seller's closing costs and excise taxes for an added $14,000.

Owner Dick Rylander was asking $475,000. The Kitsap County assessor values the partially restored building, still but a shell inside, at $341,370.

Rylander, 88, whose family has had an interest in the property since 1930, felt "a little wistful" about the sale. Rylander grew up working at the restaurant owned and operated by his father, Bob Rylander, and John Myhre.

Originally a frame building on pilings, Myhre's was added to over the years.

"It kind of grew like topsy," Rylander said.

The Myhres and Rylanders were Scandinavian. Most of the employees and many customers in the early days spoke Norwegian and Swedish as their first language. Myhre's Sunday smorgasbord was the talk of the town.

The original building was leveled by a fire in 1963. Myhre's was rebuilt with a cafÉ, bar and card room downstairs, and the elegant Terrace Room upstairs.

Rylander took over management of the restaurant in 1959. Samdapour has agreed to place a plaque on the building commemorating the two families.

Rylander sold Myhre's to a Pierce county couple in 2005 for $700,000. John Lora and Melinda Oliver vowed to renovate after the fire in 2011, but work stalled after a new roof was put on in 2012. Contractors who worked on the building still are waiting to get paid. Their legal case against the couple, who have each declared bankruptcy, is pending.

Rylander repossessed the building in January. Lora and Oliver owed him $804,380, including the unpaid portion of the mortgage, interest and penalties.

"It's been a long run," Rylander said. "It's time to sit back."

Samadpour was unavailable for comment according to Don Ryan, the Port Orchard business owner who spearheaded the recent opening of a public market in another Bay Street building leased from Samadpour. Ryan has become a de facto spokesman for the media-shy Samadpour, who also is a world-renowed microbiologist.

Petro said a microbrewery, an Irish pub or other restaurant leased in the building are possibilities.

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(c)2014 the KitsapSun (Bremerton, Wash.)

Visit the KitsapSun (Bremerton, Wash.) at www.kitsapsun.com

Distributed by MCT Information Services


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Source: Kitsap Sun (Bremerton, WA)


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