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Mixed-Use Property with Storefronts
For Sale
$390,000

202 E 1ST St, Wallowa, OR 97885

CommercialSale, Wallowa, OR

Property Size8,142 SF
Lot Size0.15 Acres
Price / SF$47.90
Days on Market356

Property Features for 202 E 1ST St

General Information

Property type Commercial Sale
Property subtype Other
Zoning C
Directions Off the main street in Wallowa, Hwy 82
Subdivision _470
Standard status Active
APN 5504
Size 8,142 SF
Lot size 0.15 Acres

Taxes and HOA fees

Tax Description 01N4214AC TL#5000 & 5100
Tax Annual Amount 2128
Legal Description 01N4214AC TL#5000 & 5100

Utilities

Heating system Zoned

Building Details

Year built 1898
Building materials WoodSiding
Roof type Metal
Listing Agency: Ruby Peak Realty, Inc.
Listed By: Kate Crawford
Added: Sep 4, 2025 Changed: Aug 25 Last Checked: Aug 25 at 10:06AM
MLS# 606555348

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.

Investment Insights

Based on property information with market context.

This mixed-use property includes two commercial buildings totaling 8142 square feet on a 0.15-acre parcel. Existing spaces accommodate a hair salon, retail shop, coffee shop, and studio apartment, while three storefronts remain vacant. Two of the available storefronts face Hwy 82, and another fronts Pine Street. Additional unused interior space expands the range of potential configurations.

The property provides 60 feet of storefront exposure and includes the addresses 202 and 204 E First Street. Improvements include a newer 40-year metal roof, updated plumbing and electrical systems, refreshed interiors, modern bathrooms, new flooring, and updated finishes. Built in 1898, the buildings are heated with zoned systems and are located in Wallowa, Oregon.

Key Highlights

  • Two commercial buildings totaling 8142 square feet
  • 0.15‑acre parcel with 60 feet of storefront exposure
  • Existing tenant mix includes 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
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two commercial buildings offer occupied spaces, vacant storefronts, and additional interior area for commercial use.
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: Two commercial buildings totaling 8142 square feet; 0.15‑acre parcel with 60 feet of storefront exposure; Existing tenant mix includes a hair salon, retail shop, coffee shop, and studio apartment
More about this property
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