About This Home

This 0-bedroom, 0-bathroom commercial at 202 E 1ST St in Wallowa, OR is listed for $390,000 ($48 per sqft). Built in 1898, the home offers 8,142 sqft of living space on a 0.15 acres lot.

Key Features

  • Built in 1898
  • 0.15 acre lot

Property Details

1898
Listing Description

Prime Highway 82 Investment Opportunity in Downtown Wallowa! Positioned in the heart of Wallowa with 60 feet of unbeatable storefront exposure, this property includes two commercial buildings packed with potential. Currently home to a mix of established tenants - a hair salon, retail shop, coffee shop, and a studio apartment - this investment already generates reliable income.

Beyond the existing rentals, the property boasts three additional vacant storefronts (two facing Hwy 82 and one on Pine Street), plus extra unused space waiting to be transformed into whatever you envision - boutiques, offices, studios, or more. Recent upgrades give peace of mind and a modern appeal: a newer 40-year roof, updated plumbing and electrical, and refreshed interiors with modern bathrooms, new flooring, and stylish finishes.

With strong income in place and plenty of room for growth, this property is a standout opportunity for investors or entrepreneurs. Even better, the owner is open to carrying a contract, making it easier than ever to step into this prime location. 202 & 204 E First Street are included in the sale.

Monthly Cost Estimate

$2,086/mo

20% down · 6.5% · 30 years

Principal$282
Interest$1,690
Insurance$114

Estimates only. Actual payments may vary.

Location

202 E 1ST St

Wallowa, OR 97885

Property Details

Construction

WoodSiding

Heating

Zoned

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 202 E 1ST St is listed at $390,000 ($48/sqft). The estimated monthly payment is $2,086 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1898, 0.15 acre lot.

This property is listed by Kate Crawford and can be reached at 5412319714.

KC

Kate Crawford

Agent at Ruby Peak Realty

(541) 231-9714

Listed by Ruby Peak Realty · Broker phone: (541) 432-5000 · View on Broker Site

MLS# 606555348· Source: Regional Multiple Listing Services· 25 days on PropertySimple

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.

202 E 1ST St, Wallowa, OR 97885

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