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    Damascus, OR
    Conventional Restaurant

    Damascus, OR Conventional Restaurants 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
    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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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Damascus, OR, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Former Bob's Red Mill Store
    Former Bob's Red Mill Store

    5000 Southeast International Way, Milwaukie, OR 97222

    $5,950,000
    20,889 sqft 1.96 AC lot

    20,889 SF production and restaurant opportunity in Milwaukie, Oregon.

    View details
    Restaurant with Private Parking
    Restaurant with Private Parking

    10574 SE 32nd Ave, Milwaukie, OR 97222

    $140,000
    1,300 sqft

    Thai restaurant business with a dining room, commercial hood, and dedicated customer parking.

    View details
    Conventional Restaurant with Food Cart Court
    Conventional Restaurant with Food Cart Court

    17150 SE POWELL Blvd, Portland, OR 97236

    $1,200,000
    1.45 AC lot

    Enclosed commercial venue with restroom facilities, bus-line access, and proximity to a sports complex.

    View details
    Food Cart Court with Expansion Area
    Food Cart Court with Expansion Area

    17150 SE POWELL, Portland, OR 97236

    $1,200,000
    1.45 AC lot

    Enclosed food cart court with restroom facilities and room for additional commercial use.

    View details

    Damascus, OR Conventional Restaurants Market Trends and Statistics

    Explore 1 conventional restaurants for sale in Damascus, OR on our real estate platform. These investment opportunities span a total of 878 square feet of properties for sale, with an estimated market value of $895,000.

    Sale prices for conventional restaurants in Damascus, OR average $895,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 1

    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 $895K

    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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