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Sarita Dua

OPERATOR | The AskSarita Team | Keller Williams Sunset Corridor

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202 E 1st St , Wallowa, OR 97885
$390,000
Est. Payment: $1,960.99/mo
0 Bed
0 Bath
8142 Sqft
Status: active | Days on site: 287
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House 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.

Highlights

Listed by Kate Crawford , 541-231-9714 Ruby Peak Realty, Inc. , 541-432-5000. Portland Regional Multiple Listing Service mls logo

Property Type

Commercial Sale

Lot/Acreage
0.15

Year Built

1898

County

Wallowa

Area

470 - Wallowa County

Listing ID

606555348

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Other:Public Water

Exterior Features

Lot Dimensions:60X110
Zoning:C
Roof:Metal
Others:Updated/Remodeled
Sewer:Public Sewer
Parking Features:On Street
Principal Interest
$1,961
Taxes
$177

Home Price

$390,000

Loan Details

30 yrs
6.446%

Down Payment

20%
$78,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,960.99

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,960.99 $177.36 $0.00 $2,138.35
Yearly $23,531.82 $2,128.32 $0.00 $25,660.14
Total $705,954.67 $63,849.60 $0.00 $769,804.27

Today's Rates

30 Year

6.45%

20 Year

6.23%

15 Year

5.73%

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Market insight data is pulled from the same city as the listing being viewed (Wallowa, OR).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.


The data relating to real estate for sale on this web site comes in part from the Portland Regional Multiple Listing Service. Real estate listings held by brokerage firms other than The AskSarita Team | Keller Williams Sunset Corridor are marked with the IDX logo and detailed information about them includes the name of the listing brokers.

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor technology provider shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

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Data last updated: 2026-07-24T03:19:25.000Z

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