550 N 1st St, Woodburn, Oregon 97071

OR, Woodburn
$4,900,000
  • 25 Beds
  • 18 Bath
  • 0.23 Acre
  • Residential Property Type
  • 1914 Year Built
  • Active Status
Steven Meyer
Steven Meyer Realtyna
  • (302) 525 8222
  • Steven.m@realtyna.net
  • 200 Continental Drive, Suite 401, Newark, DE 19713 USA
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.

Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: 732696353
  • Price: $4,900,000
  • Year Built: 1914
  • Lot Area: 0.23 Acre
  • Full Bathrooms: 18
  • Property Sub Type: SingleFamilyResidence
  • Roof: Membrane
  • Office Name: Premiere Property Group, LLC
  • Agent Name: Adriana Gavozdea
  • Office Phone: 503-670-9000
  • Listing Status: Active
Features
  • Heating System Forced Air95Plus
  • Cooling System Energy Star Air Conditioning
  • Basement Finished,Daylight
  • Parking Driveway,On Street
  • Window Features Double Pane Windows
  • Architectural Style Tri Level
  • Exterior Features Patio
  • Interior Features Sprinkler
  • Sewer Public Sewer
Appliances
  • Free Standing Gas Range
  • ENERGYSTARQualified Appliances
Address Map
  • Country US
  • State OR
  • County Marion
  • City Woodburn
  • Zipcode 97071
  • Street: 1ST
  • Street Number: 550
  • Street Suffix: ST
  • Longitude: W123° 8' 38.9''
  • Latitude: N45° 8' 38.5''
  • Zoning: DHD
  • Mls Area Major: _170
  • Street Dir Prefix: N
Neighborhood
  • Elementary School: Lincoln
  • High School: Woodburn
  • Middle School: French Prairie
Additional Information
  • Water Source: Public Water
  • Accessibility Features: Accessible Doors,Accessible Entrance,Accessible Elevator Installed,Natural Lighting,Accessible Hallway,Rollin Shower
  • Building Size: 13848
  • Foundation Details: Slab
  • On Market Date: 2026-02-06
  • Stories: 3
Listing Information
  • Listing Term: Cash, Other
  • Mls Status: Active
  • Modification Timestamp: 2026-02-06T20:33:06Z
  • Originating System Name: RMLS
Mortgage Calculator
$
$ %
years
%
$ % per year
$ %per year
$

Similar Properties

Last updated on 02/18/2026 1:06