Office and Drive-Through Coffee
For Sale
$1,300,000
3007 NE 181st Ave, Portland, OR 97230
Former owner-occupied construction office with front coffee kiosk and drive-through, plus shed and yard for storage.
Property Size4,737 SF
Days on Market100
Property Features for 3007 NE 181st Ave
General Information
Standard status
Active
Size
4,737 SF
Property subtype
VacantLand
Site & Location
Highway Access
Yes
Road Access
Yes
Outdoor Storage
Yes
Building Details
Building Size
4,737 SF
Year Built
2007
Units
1
Listing Agency:
Macadam Forbes
Listed By:
Tyler Collins · License ##201219113
(503) 416-0088
Source:
Commercialcafe
Added: Jul 15
Changed: Oct 19
Last Checked: Oct 20 at 5:19PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Macadam Forbes
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Investment Insights
Based on property information with market context.
The property was historically owner-occupied by a construction company. The older house was used as office space, with a shed and yard area supporting storage of construction equipment and materials. Up front, the owner operated a stand-alone coffee kiosk and drive-through under the name Irish Bros. Coffee.
The site sits along a well-traveled commercial corridor at the northern edge of the city, near the Gresham-Portland boundary. It also benefits from close access to I-84 and TriMet MAX light rail, with convenient routes to the NE Sandy Boulevard and Airport Way retail and employment corridors.
Portland International Airport and the broader east Multnomah County market are readily accessible, positioning the site for a range of commercial uses that value regional connectivity.
The site sits along a well-traveled commercial corridor at the northern edge of the city, near the Gresham-Portland boundary. It also benefits from close access to I-84 and TriMet MAX light rail, with convenient routes to the NE Sandy Boulevard and Airport Way retail and employment corridors.
Portland International Airport and the broader east Multnomah County market are readily accessible, positioning the site for a range of commercial uses that value regional connectivity.
Key Highlights
- Former owner‑occupied construction company site with an existing office setup in the old house
- Includes up‑front coffee kiosk and drive‑through operation named Irish Bros. Coffee
- Property includes a shed and yard area used for storage of construction equipment and materials
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$63,779
Cap Rate
4.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,275,580
$1.3M
Cap Rate 7%
$911,129
$911.1K
Cap Rate 9%
$708,656
$708.7K
Market Conditions
NOI Build-Up for 4,737 SF
Gross rent
$91.0K $19.20/SF
− Vacancy
−$5.9K −$1.25/SF
EGI
$85.0K $17.95/SF
− OpEx
−$21.3K −$4.49/SF
NOI
$63.8K $13.46/SF
Area
Portland, OR
Vacancy
6.50%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,275,580
Cap Rate 7%
$911,129
Cap Rate 9%
$708,656
Alternative Uses
Best Use
Specialty Retail
$911.1K
$797.2K – $1.06M
NOI $63,779 @ 7.0% cap · market cap 4.91%
Second Best
Office B
$876.0K
$766.5K – $1.02M
NOI $61,319 @ 7.0% cap · market cap 4.72%
Theoretical Best
Office A
$1.33M
$1.16M – $1.55M
NOI $93,119 @ 7.0% cap · market cap 7.16%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
266
Businesses Nearby
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Business Placement
Demographics for 97230, OR
41,562
Population
17,190
Households
2.4
Avg Household Size
39
Median Age
28%
College-Educated
90%
High-School Grad
13.9 sq mi
ZIP Area
2,990
Density / Sq Mi
$70,582
Median Household Income
$41,102
Median Earnings
$1,511
Median Rent
$435,800
Median Home Value
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Market
Vacancy Rate% for Office in Portland, OR
Frequently Asked Questions
What type of property is this?
Office unit - Former owner-occupied construction office with front coffee kiosk and drive-through, plus shed and yard for storage.
Where is this office unit located?
The property is located at 3007 NE 181st Ave Portland, OR.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Former owner‑occupied construction company site with an existing office setup in the old house; Includes up‑front coffee kiosk and drive‑through operation named Irish Bros. Coffee; Property includes a shed and yard area used for storage of construction equipment and materials
