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550 N 1ST St

Woodburn, OR 97071
  • $4,900,000
  • STATUS: Active
  • MLS #: 732696353
UPDATED: 72 min ago
$4,900,000
  • 25
    BEDS
  • 0.23
    ACRES
  • 18
    BATHS
  • 0
    1/2 BATHS
  • 13,848
    SQFT
  • $354
    $/SQFT
Type:
Single-Family Home
Built:
1914
County:

School Information

Elementary School:
Middle School:
High School:

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.

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Listing content is copyright © 2026 RMLS™, Portland, Oregon. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Cano Real Estate are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2026-05-10T06:00:19.647.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is 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. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Cano Real Estate and should be independently verified.
www.canorealestate.com/homes/172823463
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550 N 1ST St Woodburn, OR 97071

  • Price: $4,900,000
  • Status: Active
  • On Site: Days
  • Updated: 72 min ago
  • MLS #: 732696353
25
Beds
18
Baths
0
½ Baths
0.23
Acres
13,848
SQFT
$354
$/SQFT
1914
Built
Neighborhood:
170-Marion Co: Except Salem And Keizer
County:
Marion
Area:
170-Marion Co: Except Salem And Keizer
Elementary School:
Lincoln
Middle School:
French Prairie
High School:
Woodburn
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.
Exterior Features

Architectural Style Tri Level Attached Garage YN No Exterior Description Stone Exterior Features Patio Foundation Details Slab Parking Features Driveway On Street Parking Total 0 Road Surface Type Paved Roof Membrane View YN No

Interior Features

Appliances ENERGYSTARQualified Appliances Free Standing Gas Range Basement Daylight Finished Bathrooms Full Lower Level 6 Bathrooms Full Main Level 6 Bathrooms Full Upper Level 6 Bathrooms Partial Lower Level 0 Bathrooms Partial Main Level 0 Bathrooms Partial Upper Level 0 Cooling Energy Star Air Conditioning Cooling YN Yes Heating Forced Air95 Plus Heating YN Yes Interior Features Sprinkler Lower Level Area Total 4616 Main Level Area Total 4616 Primary Bedroom Level Main Upper Level Area Total 4616 Window Features Double Pane Windows

Property Features

Accessibility Features Accessible Doors Accessible Elevator Installed Accessible Entrance Accessible Hallway Natural Lighting Rollin Shower Accessibility YN Yes Association YN No Bank Owned YN No Fuel Description Gas Green Certification YN No Home Warranty YN No Hot Water Description ENERGYSTARQualified Equipment Tankless IDXAddress Display YN Yes Listing Terms Cash Other New Construction YN No Property Attached YN No Property Condition Updated Remodeled Property Sub Type Single Family Residence Security Features Fire Escape Fire Sprinkler System Handicap Access Senior Community YN No Sewer Public Sewer Short Sale YN No Tax Annual Amount 4569.37 Water Source Public Water Zoning DHD

Listing provided courtesy of Premiere Property Group, LLC: .


Listing content is copyright © 2026 RMLS™, Portland, Oregon. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Cano Real Estate are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2026-05-10T06:00:19.647.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is 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. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Cano Real Estate and should be independently verified.
 
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