550 N 1ST ST, Woodburn, OR 97071
- $4,900,000
- 25
- BD
- 18
- BA
- 13,848
- SqFt
- List Price
- $4,900,000
- Days on Market
- 171
- Status
- ACTIVE
- MLS#
- 732696353
- Bedrooms
- 25
- Bathrooms
- 18
- Living Area
- 13,848
- Lot Size
- 10, 000 to 14, 999 SqFt
- Region
- Marion Co: Except Salem and Keizer
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.
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Additional Information
- Tax Amount
- $4,569
- Year Built
- 1914
- High School
- Woodburn
- Elementary School
- Lincoln
- Middle School
- French Prairie
- Acres
- 0.23
- Living Area
- 13,848
- Stories
- 3
- Property Type
- Single Family Residence
- Terms
- Cash, Other
- Accessibility Features
- Accessible Doors, Accessible Elevator Installed, Accessible Entrance, Accessible Hallway(s), Natural Lighting, Roll-in Shower
- Master Bedroom Level
- Main
- Cooling Description
- EnergyStar Air Conditioning
- Fuel Description
- Gas
- Heating Description
- Forced Air - 95+%
- Hot Water Description
- ENERGY STAR Qualified Equipment, Tankless
- Exterior Description
- Stone
- Roof Type
- Membrane
- Sewer Description
- Public Sewer
- Style
- Tri Level
- Parking
- Driveway, On Street
- Security Or Entry
- Fire Escape, Fire Sprinkler System, Handicap Access
- Parking Description
- Driveway, On Street
- Road Surface
- Paved
- Exterior Features
- Patio
- Interior Features
- Sprinkler
- Kitchen Appliances
- ENERGY STAR Qualified Appliances, Free-Standing Gas Range
Mortgage Calculator
Listing courtesy of Premiere Property Group, LLC.
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