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Multi-Building Retail with Storefront Exposure
For Sale
$390,000

202 1ST St, Wallowa, OR 97885

Two commercial buildings offer multiple storefronts, with recent roof, plumbing, electrical, and interior updates.

Property Size8,142 SF
Price / SF$47.90
Days on Market386

Property Features for 202 1ST St

General Information

Standard status Active
Size 8,142 SF
Property subtype General Commercial

Site & Location

Highway Access Yes
Road Access Yes

Taxes and HOA fees

Annual Taxes $2,128

Amenities

3
Metal
C
Parking.
On Street.
Mountain
60X110
Handicapped Access. Concrete Road.

Building Details

Year Built 1898
Listing Agency: Ruby Peak Realty, Inc.
Listed By: Kate Crawford
Source: Xome
Added: Jul 21, 2025 Changed: Aug 7 Last Checked: Aug 9 at 4:27AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Ruby Peak Realty, Inc.

Investment Insights

Based on property information with market context.

This offering includes two commercial buildings at 202 & 204 E First Street, currently providing a mix of rental income and additional space. The property features storefront space with an established tenant mix that includes a hair salon, a retail shop, a coffee shop, and a studio apartment. In addition to the occupied areas, there are three vacant storefronts, with two facing Hwy 82 and one storefront located on Pine Street, along with extra unused space that can be adapted to a variety of uses.

According to the public remarks, the buildings are positioned in the downtown area of Wallowa with approximately 60 feet of storefront exposure along Hwy 82. The seller also notes recent upgrades, including a newer 40-year roof, updated plumbing and electrical, and refreshed interiors with modern bathrooms and new flooring.

The seller is open to carrying a contract, which may provide flexibility for qualified buyers.

Key Highlights

  • Two commercial buildings included in the sale: 202 and 204 E First Street
  • Hwy 82 frontage with 60 feet of storefront exposure
  • Mix of tenants includes a hair salon, retail shop, coffee shop, and a studio apartment

Property Analytics

Current Use

Buttercup Brew Cafe & Coffee Shop Swedin Secret Escape ... Theater & Performing Art Venue

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Dental Office Butcher Big Box & Wholesale Store Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

90
Businesses Nearby
Well-served
Demand for This Use

Demographics for 97885, OR

1,370
Population
643
Households
2.1
Avg Household Size
53
Median Age
22%
College-Educated
99%
High-School Grad
316.5 sq mi
ZIP Area
4
Density / Sq Mi
$77,708
Median Household Income
$39,048
Median Earnings
$839
Median Rent
$359,000
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Storefront property - Two commercial buildings offer multiple storefronts, with recent roof, plumbing, electrical, and interior updates.
Where is this storefront property located?
The property is located at 202 1ST St Wallowa, OR.
What is the asking price?
The asking price for this property is $390,000.
What are key features of this property?
This property features: Two commercial buildings included in the sale: 202 and 204 E First Street; Hwy 82 frontage with 60 feet of storefront exposure; Mix of tenants includes a hair salon, retail shop, coffee shop, and a studio apartment
More about this property
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