550 N 1ST ST, Woodburn, OR 97071
550 N 1ST ST, Woodburn, OR 97071
550 N 1ST ST, Woodburn, OR 97071
44
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Listed by Premiere Property Group, LLC
$4,900,000
Est. payment /mo
25 Beds
18 Baths
13,848 SqFt
Active

550 N 1ST ST Woodburn, OR 97071

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 13,848 sqft

Price per Sqft $353

MLS Listing ID 732696353

Style Tri Level

Bedrooms 25

Full Baths 18

HOA Y/N No

Year Built 1914

Annual Tax Amount $4,569

Lot Size 10,018 Sqft

Property Sub-Type Single Family Residence

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.

Location

State OR

County Marion

Area _170

Zoning DHD

Rooms

Basement Daylight, Finished

Interior

Interior Features Sprinkler

Heating Forced Air95 Plus

Cooling Energy Star Air Conditioning

Appliance E N E R G Y S T A R Qualified Appliances, Free Standing Gas Range

Exterior

Exterior Feature Patio

Roof Type Membrane

Accessibility AccessibleDoors, AccessibleElevatorInstalled, AccessibleEntrance, AccessibleHallway, NaturalLighting, RollinShower

Garage No

Building

Story 3

Foundation Slab

Sewer Public Sewer

Water Public Water

Level or Stories 3

Schools

Elementary Schools Lincoln

Middle Schools French Prairie

High Schools Woodburn

Others

Senior Community No

Acceptable Financing Cash, Other

Listing Terms Cash, Other

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550 N 1ST ST