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18515 NW West Union Rd 3,200 SF Retail Building Portland, OR 97229 $2,619,473 CAD ($818.59 CAD/SF)
Investment Highlights
- Free standing restaurant building, proven revenue over 1.6 mil, new roof and mechanicals throughout.
- Ideal for emerging restaurant group, concept seeking strong saburban traffic and established demand.
- Outdoor covered patio, with 20 year construction, fully permitted - acts as outdoor dining area.
Executive Summary
Proven revenue location (~$2M annual sales)
• Long-standing operating history (3+ decades)
• Existing restaurant infrastructure in place
• Excellent access, parking, and visibility
• Rare opportunity to secure a location difficult to replicate today
• Long-standing operating history (3+ decades)
• Existing restaurant infrastructure in place
• Excellent access, parking, and visibility
• Rare opportunity to secure a location difficult to replicate today
Taxes & Operating Expenses (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Taxes |
$11,708
|
$3.94
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$11,708
|
$3.94
|
Taxes & Operating Expenses (Actual - 2025)
| Taxes (CAD) | |
|---|---|
| Annual | $11,708 |
| Annual Per SF | $3.94 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $11,708 |
| Annual Per SF | $3.94 |
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
3,200 SF
Building Class
C
Year Built/Renovated
1990/2024
Price
$2,619,473 CAD
Price Per SF
$818.59 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
0.56 AC
Zoning
ZRC RURAL COMMERCIAL - Decades of restaurant use: established parking, use, history, high volume sales. Historically 2 mil sales. New patio permits complete.
Parking
25 Spaces (7.81 Spaces per 1,000 SF Leased)
Frontage
131’ on West Union Rd
Amenities
- Signage
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | R0665998 | Total Assessment | $798,140 CAD (2026) |
| Land Assessment | $0 CAD (2026) | Annual Taxes | $11,708 CAD ($3.66 CAD/SF) |
| Improvements Assessment | $0 CAD (2026) | Tax Year | 2025 Payable 2026 |
Property Taxes
Parcel Number
R0665998
Land Assessment
$0 CAD (2026)
Improvements Assessment
$0 CAD (2026)
Total Assessment
$798,140 CAD (2026)
Annual Taxes
$11,708 CAD ($3.66 CAD/SF)
Tax Year
2025 Payable 2026
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18515 NW West Union Rd
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