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Historic Mixed-Use Commercial Building
For Sale
$199,000

205 1ST ST, Wallowa, OR 97885

Built in 1890 with a metal roof, full bath with shower, and kitchen, plus ample parking with alley access.

Property Size2,080 SF
Price / SF$95.67
Days on Market170

Property Features for 205 1ST ST

General Information

Standard status Active
Size 2,080 SF
Property subtype General Commercial

Taxes and HOA fees

Annual Taxes $809

Amenities

3
Metal
SqFt3000to4999

Building Details

Year Built 1890
Listing Agency:
Listed By: Wallowa Mountain Properties
Source: Xome
Added: Feb 22 Changed: Aug 8 Last Checked: Aug 11 at 4:54AM

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 Wallowa Mountain Properties

Investment Insights

Based on property information with market context.

This historic commercial building was constructed in 1890 and has hosted a range of businesses, including a pharmacy, a fitness/gym use, and a dentist office. The property includes a full bathroom with a shower and a full kitchen, providing flexibility for many operating needs.

Additional reported improvements include a new seamless metal roof, a new heating system in 2021, and electrical updates with a rearranged main electrical panel and a added sub-panel. The exterior work noted includes repaired siding and two coats of linseed oil in 2023.

The offering also includes ample parking with alley access, along with an RV electrical and sewer/water hook-up noted in the remarks. Located at 205 E 1ST ST in Wallowa, Oregon, the building is available for sale and is well-suited for an owner-operator or investor looking for a property with an established commercial past and practical on-site amenities.

Key Highlights

  • Built in 1890; one of the oldest commercial buildings in Wallowa.
  • Metal roof and metal roof; many updates including main electrical panel rearranged and a sub‑panel added.
  • New heating system installed in 2021.

Property Analytics

Current Use

Wallowa Memorial Park Park

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.

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 Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Drug store - Built in 1890 with a metal roof, full bath with shower, and kitchen, plus ample parking with alley access.
Where is this drug store located?
The property is located at 205 1ST ST Wallowa, OR.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Built in 1890; one of the oldest commercial buildings in Wallowa.; Metal roof and metal roof; many updates including main electrical panel rearranged and a sub‑panel added.; New heating system installed in 2021.
More about this property
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