203 Alder StWalla Walla, WA 99362

  • Land
  • 0.08 AC
For Sale
$1,000,000 View listing

Property Details for 203 Alder St

Lot size
0.08 AC
Property type
Land
Property subtype
Commercial land
APN
360720771611
APU
360720771611

Description

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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $839,178
    Hospitality
    $768,683
    Educational
    $639,535
    Medical
    $661,530
    Retail
    $994,832
203 Alder St, Walla Walla, Washington

Location Insight

City
Walla Walla
County
Walla Walla
State
Washington
Latitude
46.0643
Longitude
-118.342
CBSA code
47460
CBSA name
WALLA WALLA, WA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2021
$473
$39,600
-
$39,600
-
$39,600
-
$39,600

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