203 Alder St Walla Walla, WA 99362-2809

This exceptional $1,000,000 property at 203 Alder Street in Walla Walla, Washington, presents a unique investment opportunity. Situated on a 0.18-acre lot at the highly visible corner of Alder and 4th Street, this historic building boasts a rich past. Originally constructed in 1905 as an opera house by Howard R. Keylor, it later operated as the Paramount Theater, hosting live events. More recently, it served for three decades as a jewelry and loan shop. The building's exterior brick walls have undergone recent repointing, enhancing its curb appeal. Inside, you'll find an elevator equipped with a new motor, ample client space, dedicated office areas, and numerous rooms adaptable to various uses, including storage. The flexible layout and distinct character make it suitable for a wide range of businesses. Importantly, residential living space has been approved for the first floor and upper levels, opening up additional possibilities. This prime downtown location offers unparalleled visibility and access, making it an ideal investment for discerning buyers seeking a versatile and historically significant property in the heart of Walla Walla, WA 99362. The property is classified as Industrial and Land, with a Warehouse and Commercial subtype.