203 Alder · Walla Walla, WA 99362
Source: NWMLS · Coldwell Banker Walla Walla · Benedicte Carbonnier #NWM2242341
About this home
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.
Location
Basics
- Property type
- Commercial Industrial
- Style
- Business Opp.
- Condition
- Good
- Year built
- 1935
- Lot size
- 7,980 sq ft (0.18 acres)
- County
- Walla Walla
- MLS #
- NWM2242341
Interior
- Heating
- 90%+ High Efficiency
- Cooling
- 90%+ High Efficiency
- Flooring
- Concrete, Carpet
Exterior & lot
- Exterior features
- Brick, Stucco
- Roof
- Torch Down
- Foundation
- Poured Concrete
- Topography
- Level
Utilities
- Water
- Public
- Sewer
- Septic Tank
- Power
- Electric
Community & fees
- Subdivision
- Walla Walla East
- Property tax
- $3,973 (2024)
Transaction
- Original list price
- $1,000,000 (5.5% price cut)
- Listed on
- Jun 3, 2024
- Days on market
- 768
- Listing terms
- Cash, Conventional, Owner Will Carry
- Possession
- Negotiable
More homes nearby
Schools
- High
- Walla Walla High SchoolSchoolDigger 3 stars · Top 40% in WA

Listing provided courtesy of: Coldwell Banker Walla Walla
Listing agent: Benedicte Carbonnier.
Based on information submitted to the MLS GRID as of —. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Data last updated 2026-09-17.