Heres your chance to own a piece of History!! built in 1890, One of the oldest commercial buldings in the quaint up and coming town of Wallowa!! This has been the home of a Pharmacy, a gym and a dentist office to name a few of the businesses that have been able to call this great location home! This opportunity comes with an extra lot and ample parking with alley access. It has a full bathroom including shower and a full kitchen. Many updates including main electrical panel rearranged and sub-panel added, a RV electrical and sewer /water hook-up, siding repaired and 2 coats of linseed oil in 2023, new heating system in 2021 and a new seamless metal roof! Endless possibilities with this one, bring your ideas, lets get started!!
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.

Wallowa is located in Oregon. Wallowa, Oregon has a population of 832. Wallowa is more family-centric than the surrounding county with 26.96% of the households containing married families with children. The county average for households married with children is 25.58%.
The median household income in Wallowa, Oregon is $56,923. The median household income for the surrounding county is $57,891 compared to the national median of $69,021. The median age of people living in Wallowa is 36.6 years.
The average high temperature in July is 85.8 degrees, with an average low temperature in January of 20.6 degrees. The average rainfall is approximately 19.1 inches per year, with 37 inches of snow per year.