About This Home

This 0-bedroom, 0-bathroom commercial at 16471 SE HIGHWAY 224 in Damascus, OR is listed for $895,000 ($1,019 per sqft). Built in 1959, the home offers 878 sqft of living space on a 0.61 acres lot.

Key Features

  • Built in 1959
  • 0.61 acre lot

Property Details

1 story
1959

Amenities

View
Listing Description

PRIME COMMERCIAL DEVELOPMENT PROPERTY WITH ESTABLISHED BUSINESS IN THE APPROVED PLEASANT VALLEY NORTH CARVER COMPREHENSIVE PLAN. Both existing business and property are for sale. This road frontage property is approved for annexation into Happy Valley.

ZONED CCC- Community Commercial Center District. The Community Commercial Center (CCC) District is intended to provide locations or (nodes) for a relatively wide range of small businesses, services and mixed use offering many potential development possibilities.

Current business is a FAMOUS RESTAURANT WITH FOLLOWING! Buyer to determine appropriate and approved use with the City of Happy Valley. Seller willing to carry contract with acceptable down payment. Call us today for more information or to schedule a tour. Drive-by only- do not disturb business operation.

Monthly Cost Estimate

$4,787/mo

20% down · 6.5% · 30 years

Principal$647
Interest$3,878
Insurance$261

Estimates only. Actual payments may vary.

Location

16471 SE HIGHWAY 224

Damascus, OR 97089

Property Details

Construction

WoodSiding

Views

Territorial

Heating

Baseboard

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 16471 SE HIGHWAY 224 is listed at $895,000 ($1,019/sqft). The estimated monthly payment is $4,787 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1959, 0.61 acre lot.

This property is listed by Kathryn Smith.

KS

Kathryn Smith

Agent at Mal & Seitz Real Estate

Listed by Mal & Seitz Real Estate · Broker phone: (360) 313-7870 · Broker website

MLS# 651731685· Source: Regional Multiple Listing Services· 553 days on PropertySimple

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.

16471 SE HIGHWAY 224, Damascus, OR 97089

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