$4,900,000

550 N 1ST St, Woodburn, OR 97071

  • 25 beds |
  • 18 baths |
  • 13,848 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1914
  • Property Lot Size Icon10,019sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $354/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Presenting a one-of-a-kind historic asset with exceptional redevelopment and income potential. Built in 1914, this iconic former City Hall, Courthouse, and Fire Department has been fully remodeled from the ground up and is now turnkey, ready for its next chapter.Spanning 13,000+ square feet, the property features a brand-new infrastructure, offering modern systems while preserving the character and presence of a landmark building. The recent renovation was completed with use as a residential care facility in mind, creating immediate potential for RTF, memory care, assisted living, or similar licensed operations. The layout and scale also lend themselves well to a bed & breakfast, boutique motel, or other commercial uses, providing investors with multiple viable exit strategies.Strategically located in the heart of downtown Woodburn, the property benefits from excellent visibility and accessibility—just minutes from I-5 and the Woodburn Premium Outlets, a major regional draw.This is a rare opportunity to acquire a fully upgraded, historically significant building with flexible use, strong fundamentals, and long-term income potential in a growing market.

Listing Status:
Active
Date Added:
February 6, 2026
Data Last Updated:
April 5, 2026 at 7:42AM
Listing Office:
Premiere Property Group, LLC : 503-670-9000
Listing Agent:
Adriana Gavozdea : 503-830-1074
MLS ID:
732696353
  • General: Sprinkler
  • Appliances: Energystar qualified appliancesFree standing gas range
  • Basement: DaylightFinished
  • A/C: Energy star air conditioning
  • Heating: Forced air 95 plus
  • Disability Feature: Accessible doorsAccessible elevator installedAccessible entranceAccessible hallwayNatural lightingRollin shower
  • General: StonePatio
  • Style: Tri level
  • Parking: DrivewayOn streetParking spaces: 0
  • Roofing: Membrane
  • Windows: DoublePaneWindows
  • General: Slab
  • Road/Access: Paved
  • Originating MLS: Regional Multiple Listing ServiceInc.
  • County: Marion
  • Zoning: DHDADDITION 'B' TO WOODBURNBLOCK 2LOT 7-8ACRES 0.23105959
  • Water: Public water
  • Sewer: Public sewer
  • Source: Regional Multiple Listing ServiceInc.

This listing courtesy of Adriana Gavozdea , Premiere Property Group, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

L

Lincoln Elementary School

1041 N Boones Ferry Rd, Woodburn, OR, 97071

Grades KG-5

0.56 miles away

F

French Prairie Middle School

1025 N Boones Ferry Rd, Woodburn, OR, 97071

Grades 6-8

0.50 miles away

W

Woodburn Success

610 Young St, Woodburn, OR, 97071

Grades 7-12

0.38 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.