Katie Crawford - Coldwell Banker Walla Walla Logo
$390,000
( $47.90Per Sq Foot )
 $2,094 est/mo Sourced by Back At You

202 E 1st St,Wallowa, OR 97885

Wallowa, OR 97885

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Description

Prime Highway 82 Investment Opportunity in Downtown Wallowa! Positioned in the heart of Wallowa with 60 feet of unbeatable storefront exposure, this property includes two commercial buildings packed with potential. Currently home to a mix of established tenants - a hair salon, retail shop, coffee shop, and a studio apartment - this investment already generates reliable income. Beyond the existing rentals, the property boasts three additional vacant storefronts (two facing Hwy 82 and one on Pine Street), plus extra unused space waiting to be transformed into whatever you envision - boutiques, offices, studios, or more. Recent upgrades give peace of mind and a modern appeal: a newer 40-year roof, updated plumbing and electrical, and refreshed interiors with modern bathrooms, new flooring, and stylish finishes. With strong income in place and plenty of room for growth, this property is a standout opportunity for investors or entrepreneurs. Even better, the owner is open to carrying a contract, making it easier than ever to step into this prime location. 202 & 204 E First Street are included in the sale.

Details

MLS #606555348
Listing TypeFor Sale
StyleCommercial
Sub-TypeResale
StatusActive
Year1898
Days On Site372
Listing Provided ByRuby Peak Realty, Inc. | Kate Crawford

Features

SQ Feet8,142
Building(s)2
ZoningC
Acreage0.15
Property ViewMountain

Interior

HeatingZoned
Heating YnYes
Cooling YnNo

Exterior

RoofMetal
Construction MaterialsWood Siding

Parking

Attached Garage YnNo
Parking FeaturesOn Street

Taxes

Property2128

Area Information

StateOR
CountyWallowa
CityWallowa
Zip Code97885
Listing VS Median (in 97885)
Price:
$390,000
low | high
Med:
$369,500
55.25641025641% of Average
sqft:
8,142
low | high
Med:
1,346
100% of Average
$ / sqft:
$48
low | high
Med:
$278
100% of Average
On site:
372
low | high
Med:
245
100% of Average
Sourced by Back At You

Market Activity 97885

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The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Madaire Realty are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2020 RMLS™, Portland, Oregon.

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Contact

Learn More About This Property

Katie Crawford

Katie Crawford

Coldwell Banker Walla Walla

2202747 (208) 900-8251katie@wallawallacb.com
StateOR
CountyWallowa
CityWallowa
Zip Code97885
Listing VS Median (in 97885)
Price:
$390,000
low | high
Med:
$369,500
55.25641025641% of Average
sqft:
8,142
low | high
Med:
1,346
100% of Average
$ / sqft:
$48
low | high
Med:
$278
100% of Average
On site:
372
low | high
Med:
245
100% of Average
Sourced by Back At You
Listing Updated: July 10, 2026 at 12:46:48 PM PDT