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$4,900,000
New Listing

550 N 1ST ST
Woodburn, OR 97071

For Sale|Single Family Residence|Active
25
Beds
18
Total Baths
18
Full Baths
13,848
SqFt
$354
/SqFt
1914
Built
County:
Marion
Listing courtesy of Adriana Gavozdea of Premiere Property Group, LLC (503) 830-1074

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503-334-1515
550 N 1ST ST550 N 1ST ST550 N 1ST ST550 N 1ST ST
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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.

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Listing Snapshot
Price 
$4,900,000
Days On Site 
0 Days
Bedrooms 
25
Inside Area (SqFt) 
13,848 sqft
Total Baths 
18
Full Baths 
18
Partial Baths 
N/A
Lot Size 
0.23 Acres
Year Built 
1914
MLS® Number 
732696353
Status 
Active
Property Tax 
$4,569.37
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 hours agoListing updated with changes from the MLS®
3 hours agoListing first seen on site
General Features
Acres 
0.23
Disclosures 
Exempt
Foundation 
Slab
Land Lease 
No
Number Of Stories 
3
Parking 
DrivewayOn Street
Property Condition 
Updated/Remodeled
Property Sub Type 
Single Family Residence
Security 
Fire EscapeFire Sprinkler System
Sewer 
Public Sewer
SqFt Total 
13848
Style 
TriLevel
Water Source 
Public
Zoning 
DHD
Interior Features
Appliances 
ENERGY STAR Qualified AppliancesFree-Standing Gas Range
Basement 
DaylightFinished
Cooling 
ENERGY STAR Qualified Equipment
Heating 
Forced Air
Interior 
Elevator
Window Features 
Double Pane Windows
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Exterior Features
Construction Details 
Stone
Patio And Porch 
Patio
Roof 
Membrane
Windows/Doors 
Double Pane Windows
Community Features
Accessibility Features 
Accessible EntranceAccessible Full BathAccessible DoorsAccessible Elevator Installed
Financing Terms Available 
Cash
MLS Area 
_170
Roads 
Paved
Schools
School District
Unknown
Elementary School
Lincoln
Middle School
French Prairie
High School
Woodburn
Listing courtesy of Adriana Gavozdea of Premiere Property Group, LLC (503) 830-1074



The content relating to real estate for sale on this website comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is Copyright © 2026 RMLS™, Portland, Oregon. Some properties which appear for sale on this website may subsequently have sold or may no longer be available.

Last checked 2026-02-06 02:45 PM PST.

All information provided is deemed reliable but is not guaranteed and should be independently verified

Neighborhood & Commute
Source: Walkscore
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