Damascus, OR Commercial Real Estate for Sale

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Happy Valley, OR Clackamas, OR Portland, OR Boring, OR Gresham, OR Oregon City, OR Eagle Creek, OR Milwaukie, OR
7 properties
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Live-Work Property with Shop
Updated: Mar 25
Live-Work Property with Shop

16265 SE HIGHWAY 224, Damascus, OR 97089

$539,000
2,288 sqft
1,038‑square‑foot home‑office building with three rooms, full bathroom, laundry area, and living room
Approximately 1,250‑square‑foot shop with large garage door, office, bathroom, and work area
RC zoning supports live‑work, retail, contractor space, financial institution, and office uses
Brand new septic tank and newer water heater
Composition and metal roof replaced around 2019
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Conventional Restaurant with Road Frontage
Updated: Apr 23, 2025
Conventional Restaurant with Road Frontage

16471 SE HIGHWAY 224, Damascus, OR 97089

$895,000
878 sqft 0.61 AC lot
Existing restaurant business and property offered together
0.61‑acre site with 878 square feet of building area
CCC—Community Commercial Center District zoning
Approved for annexation into Happy Valley
Located at 16471 SE Highway 224, Damascus, OR 97089
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Commercial Land with Existing Improvements
Commercial Land with Existing Improvements

16400 SE HIGHWAY 224, Damascus, OR 97089

$1,900,000
3,508 sqft 3.98 AC lot

CCC-zoned acreage includes a fenced, gated home and shop within the Pleasant Valley North Carver comprehensive plan.

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Equestrian Property with Indoor Arena
Equestrian Property with Indoor Arena

21675 SE Bohna Park, Damascus, OR 97089

$1,250,000
5 sqft

A heated, insulated workshop adds substantial vehicle and workspace capacity to the equestrian facilities.

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Damascus Commercial Development Land
Damascus Commercial Development Land

16400 SE HIGHWAY 224, Damascus, OR 97089

$1,900,000
3.98 AC lot

3.98 acre commercial development property in Damascus, Oregon.

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Commercial and Industrial Land Available
Commercial and Industrial Land Available

19770 SE Sunnyside Rd, Damascus, OR 97089

$2,375,000
3.15 AC lot

Three parcels of land for commercial and industrial use.

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Industrial Land Near I-205
Industrial Land Near I-205

16725 SE Hwy 212, Damascus, OR 97086

Contact for pricing

Industrial zoned land near I-205, suitable for development.

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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 7 Active listings in Damascus, OR, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 65 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Commercial Land Near Transit
Commercial Land Near Transit

Happy Valley, OR 97015

$5,500,000
1.96 AC lot

PMU1-zoned commercial land with approval for a 102-unit Home2 Suites by Hilton hotel and convenient transit access.

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Prime Retail Location in Clackamas
Prime Retail Location in Clackamas

10305 SE 82nd Ave, Clackamas, OR 97086

Contact for pricing
6,898 sqft

High-traffic retail space in Clackamas's shopping destination.

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Commercial Land with Transit Access
Commercial Land with Transit Access

8855 SE Otty Rd, Happy Valley, OR 97086

Contact for pricing
2 sqft 2.64 AC lot

SCMU-zoned development site with utilities stubbed to the property and nearby MAX and bus service.

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Regional Center Office Land
Regional Center Office Land

8636 SE Sunnybrook Blvd, Clackamas, OR 97015

Contact for pricing
2 sqft 2.02 AC lot

Commercial land with RCO zoning, utility access, transit proximity, and exposure to I-205.

View details

Off-Market Properties in Damascus, OR

Consider similar Off-Market properties in Damascus, OR. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

20205 Hwy 212
COMMERCIAL (GENERAL)

20205 Hwy 212, Damascus, OR 97089

Estimated value:
$1,445,000
2,800 sqft 1.01 AC lot
View details
16300 Foss St
INDUSTRIAL (GENERAL)

16300 Foss St, Damascus, OR 97089-8858

Estimated value:
$185,000
0.28 AC lot
View details
20265 Hwy 212
COMMERCIAL (GENERAL)

20265 Hwy 212, Damascus, OR 97089-9242

Estimated value:
$5,350,000
1.01 AC lot
View details
21902 Foster Rd
COMMERCIAL (GENERAL)

21902 Foster Rd, Damascus, OR 97089-7257

Estimated value:
$560,000
3,013 sqft 0.32 AC lot
View details
14530 202nd Ave
VACANT COMMERCIAL LAND

14530 202nd Ave, Damascus, OR 97089-2745

Estimated value:
$895,000
0.66 AC lot
View details
14530 202nd Ave
COMMERCIAL (GENERAL)

14530 202nd Ave, Damascus, OR 97089-2745

Estimated value:
$890,000
936 sqft 1.63 AC lot
View details
14405 Wiese Rd
COMMERCIAL (GENERAL)

14405 Wiese Rd, Damascus, OR 97089-8364

Estimated value:
$595,000
3,216 sqft 0.19 AC lot
View details
14415 Wiese Rd
COMMERCIAL (GENERAL)

14415 Wiese Rd, Damascus, OR 97089-8364

Estimated value:
$415,000
0.25 AC lot
View details
20363 Hwy 212
COMMERCIAL (GENERAL)

20363 Hwy 212, Damascus, OR 97089-9242

Estimated value:
$440,000
2,373 sqft 0.32 AC lot
View details
Damascus, OR 97089
COMMERCIAL (GENERAL)

Damascus, OR 97089

Estimated value:
$105,000
0.68 AC lot
View details
19995 Hwy 212
COMMERCIAL (GENERAL)

19995 Hwy 212, Damascus, OR 97089-9235

Estimated value:
$820,000
7,200 sqft 0.64 AC lot
View details
16763 Hwy 212
INDUSTRIAL - VACANT LAND

16763 Hwy 212, Damascus, OR 97089-8806

Estimated value:
$375,000
2.39 AC lot
View details
20500 Hwy 212
COMMERCIAL (GENERAL)

20500 Hwy 212, Damascus, OR 97089-7254

Estimated value:
$325,000
0.22 AC lot
View details
20320 Hwy 212
COMMERCIAL (GENERAL)

20320 Hwy 212, Damascus, OR 97089-2781

Estimated value:
$1,170,000
1,320 sqft 0.64 AC lot
View details
16259 Hwy 224
COMMERCIAL (GENERAL)

16259 Hwy 224, Damascus, OR 97089-8859

Estimated value:
$105,000
576 sqft 0.09 AC lot
View details
Damascus, OR 97089
MOBILE HOME PARK, TRAILER PARK

Damascus, OR 97089

Estimated value:
$1,970,000
19.23 AC lot
View details
20460 Hwy 212
COMMERCIAL (GENERAL)

20460 Hwy 212, Damascus, OR 97089-8727

Estimated value:
$430,000
3,710 sqft 0.32 AC lot
View details

Damascus, OR Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Damascus, OR, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 6,679 square feet of properties for sale, with an estimated market value of $8,859,000.

Sale prices for business properties in Damascus, OR start at $539,000, averaging $1,476,500, and reaching up to $2,375,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 47K
Population Growth (5Y) +2.4%
Median Household Income $97,347
College Educated 39.2%

High-Yield Neighborhoods for Investment

Identify Damascus submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
97089 $1.5M

Taxes & Financing

Tax Rate (average for all types) 1.69%
Property Tax per SF $44.96 per SF
Tax Rate vs County Average 0.13 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Clackamas County

New Delisted

Total CRE Inventory on Market (SF)

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