Conventional Restaurant with Road
For Sale
$895,000
16471 SE HIGHWAY 224, Damascus, OR 97089
CommercialSale, Damascus, OR
Property Size878 SF
Lot Size0.61 Acres
Price / SF$1,019
Days on Market491
Property Features for 16471 SE HIGHWAY 224
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
CCC
View
Territorial
Directions
East from 205 on Highway 224 through Town of Carver, on left.
Subdivision
_145
Standard status
Active
APN
00630008
Size
878 SF
Lot size
0.61 Acres
Taxes and HOA fees
Tax Description
SECTION 18 TOWNSHIP 2S RANGE 3E QUARTER CB TAX LOT 00100
Tax Annual Amount
3364
Legal Description
SECTION 18 TOWNSHIP 2S RANGE 3E QUARTER CB TAX LOT 00100
Utilities
Heating system
Baseboard
Building Details
Year built
1959
Floors in Building
1
Building materials
WoodSiding
Roof type
Flat
Listing Agency:
Mal & Seitz
(503) 667-1200
Listed By:
Kathryn Smith · License #200502189
(503) 250-0734
Added: Apr 23, 2025
Changed: Aug 25
Last Checked: Aug 26 at 6:06AM
MLS# 651731685
Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This conventional restaurant property includes an existing 878-square-foot building on 0.61 acres. The improvements were built in 1959 and feature wood siding, a flat roof, and baseboard heating. Both the operating business and the underlying property are included in the sale.
The site is located at 16471 SE Highway 224 in Damascus, Oregon, with road frontage and approval for annexation into Happy Valley. Zoning is CCC—Community Commercial Center District—which accommodates a range of small businesses, services, and mixed-use development. Any future use remains subject to buyer confirmation and City of Happy Valley approval.
The site is located at 16471 SE Highway 224 in Damascus, Oregon, with road frontage and approval for annexation into Happy Valley. Zoning is CCC—Community Commercial Center District—which accommodates a range of small businesses, services, and mixed-use development. Any future use remains subject to buyer confirmation and City of Happy Valley approval.
Key Highlights
- Existing restaurant business and property offered together
- 0.61‑acre site with 878 square feet of building area
- CCC—Community Commercial Center District zoning
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
64
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 97089, OR
14,111
Population
4,991
Households
2.8
Avg Household Size
42
Median Age
32%
College-Educated
96%
High-School Grad
21.6 sq mi
ZIP Area
653
Density / Sq Mi
$114,516
Median Household Income
$51,284
Median Earnings
$2,642
Median Rent
$616,800
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Existing restaurant business and property offered together within a CCC-zoned commercial area approved for annexation.
Where is this conventional restaurant located?
The property is located at 16471 SE HIGHWAY 224 Damascus, OR.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: Existing restaurant business and property offered together; 0.61‑acre site with 878 square feet of building area; CCC—Community Commercial Center District zoning
