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$40,000
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Property Description
Successful bubble tea shop located in the highly desirable Alberta District. Business opportunity only. Newer buildout with newer equipment. Very low rent. No hood. Strong online presence with 4.4 Yelp rating and 4.6 Google rating. Do not disturb business or staff.
Full Property Details
Full Property Details for 4932 NE 16th Ave
General
- Sold For: $40,000
- Taxes: $8,457 (2025)
- Status: Sold
- Type: Business
- Source: RWMLS
- MLS ID: 735890615
- Added to Site: 217 day(s) ago
Parking
- Parking Features: On Street
Location
- County: Multnomah
- Driving Directions: NE Alberta and NE 16th
Community
- Community Name: 142 - Portland Northeast
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Other
- Heating Fuel: Gas
Utilities
- Sewer: Public Sewer
Structural Information
- Property Detached: Yes
- Square Feet: 1,700
- Current Bldg. Use: Food Service
- Year Built: 2005
- Property Condition: Existing
Lot Features
- Lot Size (Acres): 0.06
- Lot Size (Sq. Ft.): 2,613
- Lot Size: 0K to 2, 999 SqFt
Financial Considerations
- Lease Price: $1,900
- Tax Amount: $8,457.47
- Tax Year: 2025
- Terms: Cash
Disclosures and Reports
- Property ID: R540729
Listed and Sold by Crestview Realty, LLC (503) 729-8208, Wenyan Zhu (503) 729-8208
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Schools
Schools serving 4932 NE 16th Ave
School District:Portland School District 1j
| Name | Grades | Distance |
|---|---|---|
Vernon Elementary School 2044 Northeast Killingsworth Street, Portland, OR 97211 | K-8 | 0.3 mi |
Jefferson High School, Portland, OR 5210 North Kerby Avenue, Portland, OR 97217 | 9-12 | 1.2 mi |
Leodis V. McDaniel High School 3905 Southeast 91st Avenue, Portland, OR 97266 | 9-12 | 5.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4932 NE 16th Ave
Date
Details
Price
Change
Source
8/05/2026
Sold
$40,000
-11.11%
MLS
7/17/2026
Price Reduced
$45,000
-43.75%
MLS
1/21/2026
Listed
$80,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
4932 NE 16th Ave, Portland, OR 97211 (MLS# 735890615) is a Business property that was sold at $40,000 on August 05, 2026. Want to learn more about 4932 NE 16th Ave? Do you have questions about finding other Business real estate for sale in Portland? You can browse all Portland real estate or contact a Coldwell Banker agent to request more information.

