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Two-Building Mixed-Use Property
For Sale
$390,000

202 E 1st St, Wallowa, OR 97885

Two-building commercial asset with occupied spaces, vacant storefronts, and updated building systems.

Property Size8,142 SF
Price / SF$47.90
Days on Market29

Property Features for 202 E 1st St

General Information

Standard status Active
Size 8,142 SF

Additional Details

Frontage 60 ft

Building Details

Year Built 1898
Buildings 2
Tenancy Multi
Listing Agency: Ruby Peak Realty, Inc.
Listed By: Kate Crawford
Source: Wyndeekono
Added: Aug 2 Changed: Aug 28 Last Checked: Aug 29 at 12:29PM

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 mixed-use property includes two commercial buildings at 202 E 1st St and 204 E 1st Street in Wallowa, Oregon. The 8,142-square-foot offering was built in 1898 and currently contains a hair salon, retail shop, coffee shop, and studio apartment. Three additional storefronts are vacant, including two oriented toward Highway 82 and one on Pine Street.

Recent property work includes a newer 40-year roof, updated plumbing and electrical systems, refreshed interiors, modern bathrooms, new flooring, and updated finishes. The buildings provide 60 feet of storefront exposure, with additional unused space within the property. The owner is open to carrying a contract as part of the sale.

Key Highlights

  • 8,142 SF mixed‑use property comprising two commercial buildings
  • 60 feet of storefront exposure
  • Current spaces include a hair salon, retail shop, coffee shop, and 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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

97
Businesses Nearby

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?
Mixed-use property - Two-building commercial asset with occupied spaces, vacant storefronts, and updated building systems.
Where is this mixed-use 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: 8,142 SF mixed‑use property comprising two commercial buildings; 60 feet of storefront exposure; Current spaces include a hair salon, retail shop, coffee shop, and studio apartment
More about this property
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