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550 N 1ST St

Woodburn, OR 97071
  • $4,900,000
  • STATUS: Active
  • ON SITE: 74 Days
  • MLS #: 269410502
UPDATED: 46 min ago
$4,900,000
  • 0
    BEDS
  • 0.23
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 13,848
    SQFT
  • $354
    $/SQFT
Type:
Business Opportunity
Built:
1914
County:

School Ratings & Info

Description

Rare Historic Investment Opportunity in the Heart of Downtown Woodburn.Presenting a one-of-a-kind historic commercial 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 Gustavo Group | MORE Realty Inc are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2026-04-22T12:48:45.55.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 Gustavo Group | MORE Realty Inc and should be independently verified.
www.homevaluewashington.com/homes/172819128
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550 N 1ST St Woodburn, OR 97071

  • Price: $4,900,000
  • Status: Active
  • On Site: 74 Days
  • Updated: 46 min ago
  • MLS #: 269410502
0
Beds
0
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
Property Description
Rare Historic Investment Opportunity in the Heart of Downtown Woodburn.Presenting a one-of-a-kind historic commercial 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

Attached Garage YN No Parking Features Assigned On Street Parking Total 2 Road Surface Type Paved Roof Membrane Truck Door Total 0 View YN No

Interior Features

Cooling Energy Star Air Conditioning Cooling YN Yes Heating Forced Air95 Plus Heating YN Yes

Property Features

Bank Owned YN No Commercial Features Accessible Doors Accessible Entrance Accessible Hallway Conformsto ADA Fenced Passenger Elevator Fuel Description Gas Green Certification YN No Gross Income 0 IDXAddress Display YN Yes Internet Service Type Cable Listing Terms Cash Other Operating Expense 0 Other Equipment Sprinkler Property Attached YN No Property Condition Updated Remodeled Property Sub Type Business Opportunity Sale Includes Business Land Sewer Public Sewer Short Sale YN No Tax Annual Amount 4569.37 Tax Year 2024 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 Gustavo Group | MORE Realty Inc are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2026-04-22T12:48:45.55.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 Gustavo Group | MORE Realty Inc and should be independently verified.
 
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Gustavo Group | MORE Realty Inc
8308 E Mill Plain Blvd
Vancouver WA, 98664