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    Damascus, OR
    Flex Space

    Damascus, OR Flex Space 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
    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
    2,288 square feet of total building area
    1,038‑square‑foot home/office 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 identified for live‑work, retail, contractor space, financial institutions, and offices
    Brand new septic tank, newer water heater, and roof replaced around 2019
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    This listing looks promising.

    Here's a quick look at some key insights for

    16265 SE HIGHWAY 224, Damascus, OR 97089

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    • Est. Cap Rate

      7.5%
      Above avg (5.9%)

    • Est. NOI

      $40K
      Annual

    • Price @ 7% Cap

      $578K
      Above asking
    View Property Analytics
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 1 Active listings in Damascus, OR, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    RV and Boat Storage Facility
    RV and Boat Storage Facility

    30401 SE HIGHWAY 212, Boring, OR 97009

    $6,500,000
    10,385 sqft 9.30 AC lot

    Outdoor storage operation with county-approved plans for covered expansion.

    View details
    Versatile Flex Space with Dual Occupancy
    Versatile Flex Space with Dual Occupancy

    5215 SE FLAVEL, Portland, OR 97206

    $349,000
    1,455 sqft

    Well-maintained flex space with dual occupancy potential in Portland, OR.

    View details
    Updated Flex Space with Dual Entrances
    Updated Flex Space with Dual Entrances

    5215 SE FLAVEL DR, Portland, OR 97206

    $369,000

    Updated configuration combines office, reception, storage, HVAC, and separate entrances for flexible occupancy.

    View details
    Small Flex Industrial Building
    Small Flex Industrial Building

    27901 SE Wally Rd, Boring, OR 97009

    Contact for pricing
    0.62 AC lot

    Small flex-style building with office and shop space, new roof and siding, and truck access on three tax lots.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    M-1 Industrial Land
    M-1 Industrial Land

    3124 NW Campus Dr, Estacada, OR 97023

    $539,055
    1.50 AC lot

    Industrial park parcel with all City of Estacada services available.

    View details

    Damascus, OR Flex Space Market Trends and Statistics

    Explore 1 flex space for sale in Damascus, OR on our real estate platform. These investment opportunities span a total of 2,288 square feet of properties for sale, with an estimated market value of $539,000.

    Sale prices for business spaces in Damascus, OR average $539,000 — 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

    Flex space 1

    Demographics Overview

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

    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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