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    Damascus, OR
    Restaurants

    Damascus, OR 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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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Damascus, OR, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 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.

    Conventional Restaurant with Kitchen Hood
    Conventional Restaurant with Kitchen Hood

    Happy Valley, OR 97086

    $189,000
    1,400 sqft

    Food-court seating and a commercial kitchen hood support the existing restaurant setup.

    View details
    Mall Donut Shop Restaurant
    Mall Donut Shop Restaurant

    12000 SE 82ND AVE C207, Happy Valley, OR 97086

    $189,000

    Established donut shop with kitchen hood and access to shared food court seating.

    View details
    Restaurant with Dining Area
    Restaurant with Dining Area

    Oregon City, OR 97045

    $50,000

    Restaurant with a dining area and restrooms, currently operating as a Korean/Asian food truck concept.

    View details
    Food Truck Restaurant Business
    Food Truck Restaurant Business

    Oregon City, OR 97045

    $50,000

    Operating food truck business with customer dining space, restrooms, and CR zoning.

    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.

    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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    Land in Historic Canemah
    Land in Historic Canemah

    Oregon City, OR 97045

    $169,000
    0.23 AC lot

    A 0.23-acre lot with seasonal Willamette views.

    View details
    Commercial Land in West Linn
    Commercial Land in West Linn

    West Linn, OR 97068

    $1,400,000
    0.63 AC lot

    0.63 acres of commercial land for sale.

    View details
    Prime Commercial Land in Portland
    Prime Commercial Land in Portland

    7044 NE M L KING Blvd, Portland, OR 97211

    $350,000
    0.16 AC lot

    Cleared CM2 land suitable for development in Woodlawn, Portland.

    View details

    Damascus, OR Restaurants Market Trends and Statistics

    Explore 1 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 restaurant properties 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%

    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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