550 N 1st St, Woodburn, OR

$4,900,000

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25

Beds

18

Baths

13,848

Square feet

0.23

Acres

About 550 N 1st St

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.

Features of 550 N 1st St

MLS® # 732696353
Price $4,900,000
Bedrooms 25
Bathrooms 18.00
Full Baths 18
Square Footage 13,848
Acres 0.23
Year Built 1914
Type Residential
Sub-Type Single Family Residence
Style Tri Level
Status Active

Community Information

Address 550 N 1st St
Area 170 - Marion Co: Except Salem and Keizer
City Woodburn
County Marion
State OR
Zip Code 97071

Amenities

Parking Driveway, On Street
Is Waterfront No
Has Pool No

Interior

Interior Features Sprinkler
Appliances ENERGY STAR Qualified Appliances, Free-Standing Gas Range
Heating Forced Air - 95+%
Cooling EnergyStar Air Conditioning
Fireplace No
# of Stories 3
Has Basement Yes
Basement Daylight, Finished

Exterior

Exterior Stone
Exterior Features Patio
Windows Double Pane Windows
Roof Membrane
Foundation Slab

School Information

Elementary Lincoln
Middle French Prairie
High Woodburn

Additional Information

Date Listed February 6th, 2026
Days on Market 226
Zoning DHD
Short Sale No
RE / Bank Owned No

Listing Details

OfficePremiere Property Group, LLC

Listing Map

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