Listing provided courtesy of Coldwell Banker Walla WallaNWMLSas Distributed by MLSGrid- MLS# NWM2242341MLS Provider

203 AlderWalla Walla, WA 99362

Commercial · 0.18 Acres
$1,000,000 Active

203 Alder Overview

Visits:
25

Prime downtown location at the visible corner of Alder and 4th Street! This historic building, originally constructed as an opera house by Howard R Keylor in 1905, later became known as the Paramount Theater. It has had a rich and versatile history, including hosting live events. For the past three decades, it has served as a jewelry & loan shop. The exterior brick walls have been repointed, and the building features an elevator with a new motor, generous client space, office areas, and multiple rooms suitable for various purposes, including storage. Its distinct character and flexible layout present an exceptional opportunity for ownership, welcoming a range of potential uses. Living space has been approved from the 1st floor and up.

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203 Alder Facts & Features

  • Type Commercial
  • Lot 0.18 Acres

Details

General

Association/HOA

  • Association Fee: $0.00

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 0
  • Fuel Expense: 0
  • Gross Scheduled Income: 0
  • Insurance Expense: 0
  • Net Operating Income: 0
  • Total Expenses: 3973.22
  • Water/Sewer/Garbage: 0

Building Information

  • Year Built: 1935

Location/Region

  • Country: US
  • County Or Parish: Walla Walla
  • MLS Area Major: 933 - Southeast Walla Walla County
  • Subdivision Name: Walla Walla East

Tax Information

  • Tax Annual Amount: $3,973.22
  • Tax Year: 2024

General Information

  • Listing Terms: Cash, Conventional, Owner Will Carry
  • Parcel Number: 7266
  • Possible Use: Commercial
  • Property Condition: Good
  • Property Sub Type: Commercial Industrial
  • Property Type: Commercial Sale
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Beds/Baths

  • Bedrooms Upper: 0

Building Interior

  • Approximate Building Square Feet: 7980
  • Building Area Total: 0
  • Building Area Units: Square Feet
  • Calculated Square Footage: 0
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0

General Information

  • Cooling: Yes
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Concrete, Carpet
  • Foundation Details: Poured Concrete
  • Heating: Yes
  • Living Area: 0
  • Main Level Bathrooms: 0
  • Power Production Type: Electric

Exterior

Parking Information

  • Open Parking: No
  • Parking Uncovered Total: 35

Lot Information

  • Irrigation Water Rights: No
  • Lot Size Acres: 0.1832
  • Lot Size Dimensions: 11,580
  • Lot Size Square Feet: 7980
  • Lot Size Units: Square Feet
  • Topography: Level
  • Elevation Units: Feet
  • Water Source: Public

Building Exterior/Construction

  • Roof: Torch Down
  • Structure Type: Mixed Use

General Information

  • Carport: No
  • Covered Spaces: 0
  • Exterior Features: Brick, Stucco
  • Number Of Units Total: 0
  • Sewer: Septic Tank

203 Alder Neighborhood

Community

99362 (WALLA WALLA) Demographics

38
Median Age
130
Population Density (per sq. mile)
41%
College Educated
$60,413
Estimated Median Income
9,927
Estimated Total Home Owners
5,807
Estimated Total Renters
63% / 37%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

203 Alder Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

203 Alder Market Data

Based on the last 30 days in this zip code

$642,390
Average List Price
$275
Average Price per Square Foot
48
Properties Sold
95
Average Days on Market
299
Properties for Sale
Calculations provided by Reliance Network

203 Alder History

Date Event Value Agent
6/8/2026Source: NWMLS Status Change
Active
4/3/2026Source: NWMLS Status Change
Pending
6/3/2024Source: NWMLS Added to Database
June 03, 2024