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Two-Building Storefront Portfolio
For Sale
$390,000

202 E 1st St, Wallowa, OR 97885

Storefront property with 60 feet of highway exposure, mixed tenants, and multiple vacant storefronts for re-tenanting.

Days on Market333

Property Features for 202 E 1st St

General Information

Standard status Active
Property subtype Commercial

Additional Details

Frontage 60 ft

Building Details

Building Size 8,142 SF
Year Built 1898
Buildings 2
Tenancy Multi
Listing Agency: Ruby Peak Realty, Inc.
Listed By: Kate Crawford
Source: Metanars
Added: Sep 4, 2025 Changed: Jul 30 Last Checked: Aug 1 at 12:53PM

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.

Storefront properties located in downtown Wallowa include two commercial buildings under one offering. The current mix of tenants consists of a hair salon, a retail shop, a coffee shop, and a studio apartment. In addition to the occupied spaces, the property includes three additional vacant storefronts—two facing Highway 82 and one with frontage on Pine Street—along with extra unused space that could be reconfigured for additional retail, office, or studio use.

The buildings include notable exterior and systems updates, including a newer 40-year roof, updated plumbing and electrical, and refreshed interiors with modern bathrooms and new flooring.

202 and 204 E First Street are included in the sale. The property was built in 1898.

Key Highlights

  • 60 feet of storefront exposure on Highway 82
  • Two commercial buildings with a hair salon, retail shop, coffee shop, and studio apartment
  • Three additional vacant storefronts, two facing Highway 82 and one on Pine Street

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

97
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
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Frequently Asked Questions

What type of property is this?
Storefront property - Storefront property with 60 feet of highway exposure, mixed tenants, and multiple vacant storefronts for re-tenanting.
Where is this storefront property located?
The property is located at 202 E 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: 60 feet of storefront exposure on Highway 82; Two commercial buildings with a hair salon, retail shop, coffee shop, and studio apartment; Three additional vacant storefronts, two facing Highway 82 and one on Pine Street
More about this property
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