Equipped Coffee Shop in Shopping
For Sale
$280,000
18365 NW WEST UNION Rd, Portland, OR 97229
CommercialSale, Portland, OR
Property Size1,152 SF
Lot Size1.12 Acres
Price / SF$243.06
Days on Market277
Property Features for 18365 NW WEST UNION Rd
General Information
Property type
Commercial Sale
Property subtype
Other
Directions
NW West Union Road & 185th Ave
Subdivision
_150
Standard status
Active
APN
R2099448
Size
1,152 SF
Lot size
1.12 Acres
Taxes and HOA fees
Tax Description
WEST UNION VILLAGE, LOT 3-4, ACRES 1.12
Tax Annual Amount
42851
Legal Description
WEST UNION VILLAGE, LOT 3-4, ACRES 1.12
Utilities
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
2001
Roof type
Flat, Built-Up
Listing Agency:
Oregon First
(503) 667-5686
Listed By:
Amy Liu · License #201239122
(503) 317-3522
Added: Jan 6
Changed: Sep 13
Last Checked: Oct 10 at 10:06AM
MLS# 446037480
Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This coffee shop occupies 1,152 square feet within West Union Village Shopping Center and includes 15 dine-in seats. The operating concept features boba tea drinks and food, with an established takeout component. The sale includes the business and equipment, and seller training is available after closing.
Kitchen improvements include an 8-foot Type 1 hood, walk-in cooler, freezer, and commercial dishwasher. The space is served by forced-air heating and central air conditioning. Shopping center parking is available for customers. Showings are by appointment only, and the business should not be disturbed during operations.
Kitchen improvements include an 8-foot Type 1 hood, walk-in cooler, freezer, and commercial dishwasher. The space is served by forced-air heating and central air conditioning. Shopping center parking is available for customers. Showings are by appointment only, and the business should not be disturbed during operations.
Key Highlights
- 1,152‑square‑foot coffee shop in West Union Village Shopping Center
- 15 dine‑in seats with established takeout business
- Sale includes the operating business and equipment
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,517
Cap Rate
6.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$370,340
$370.3K
Cap Rate 7%
$264,529
$264.5K
Cap Rate 9%
$205,744
$205.7K
Market Conditions
NOI Build-Up for 1,152 SF
Gross rent
$26.3K $22.80/SF
− Vacancy
−$1.6K −$1.37/SF
EGI
$24.7K $21.43/SF
− OpEx
−$6.2K −$5.36/SF
NOI
$18.5K $16.07/SF
Area
ZIP 97229
Vacancy
6.00%
Lease Rate
$22.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$370,340
Cap Rate 7%
$264,529
Cap Rate 9%
$205,744
Alternative Uses
Best Use
Specialty Retail
$264.5K
$231.5K – $308.6K
NOI $18,517 @ 7.0% cap · market cap 6.61%
Second Best
Retail
$230.2K
$201.4K – $268.5K
NOI $16,112 @ 7.0% cap · market cap 5.75%
Theoretical Best
Office A
$311.0K
$272.1K – $362.8K
NOI $21,767 @ 7.0% cap · market cap 7.77%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
213
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 97229, OR
73,602
Population
28,312
Households
2.6
Avg Household Size
38
Median Age
69%
College-Educated
98%
High-School Grad
19.7 sq mi
ZIP Area
3,736
Density / Sq Mi
$159,863
Median Household Income
$83,904
Median Earnings
$1,948
Median Rent
$728,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Portland, OR
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Similar Off Market Nearby
- Starbucks — 18425 NW West Union Rd, Portland, OR 97229
- T4.Tea For — 18365 NW West Union Rd, Portland, OR 97229
- Starbucks — 18215 NW West Union Rd, Portland, OR 97229
Frequently Asked Questions
What type of property is this?
Coffee shop - Boba tea and food concept with dine-in seating, takeout operations, and a fully outfitted commercial kitchen.
Where is this coffee shop located?
The property is located at 18365 NW WEST UNION Rd Portland, OR.
What is the asking price?
The asking price for this property is $280,000.
What are key features of this property?
This property features: 1,152‑square‑foot coffee shop in West Union Village Shopping Center; 15 dine‑in seats with established takeout business; Sale includes the operating business and equipment
