Listing provided courtesy of Coldwell Banker Walla WallaNWMLSMLS# NWM2242341MLS Provider
  • 25 views

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.

Source: NWMLS, MLS#: NWM2242341

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  • Property Type
    Commercial Sale
  • Lot
    0.18 acres

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  • Median Age
    38
  • Population Density
    130
  • College Educated
    41%
  • Estimated Median Income
    $60,413
  • Estimated Total Home Owners
    9,927
  • Estimated Total Renters
    5,807
  • Owner / Renter Divide
    63% / 37%
  • Estimated Average Household Size
    2
  • Total Population
    41,779
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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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.

Life at 203 Alder


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

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