Address
550 N 1st St, Woodburn, OR
Price
$ 4,900,000
Property Attributes
- MLS#269410502
- TypeCommercial
- Listing Status Active
- CountyMARION
- CityWoodburn
- Area170
- Zip97071
- StyleBusinessOpportunity
- Year Built1914
- Taxes$ 4569
- Price$ 4,900,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage13848
- Lot Size0.23 Acres
Data Source:
Regional Multiple Listing Service (RMLSOR)
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.
| Price History | |
|---|---|
| 2/6/2026 | Listed $4,900,000 |
General Features
| Sewer | PublicSewer |
|---|---|
| Heating | ForcedAir95Plus |
| Cooling | EnergyStarAirConditioning |
| Roof | Membrane |
| Zoning | DHD |
| Year Built | 1914 |
| Sale Includes | Business,Land |
| Stories Count | 3 |
| Property Subtype | BusinessOpportunity |
| Tax Year | 2024 |
| Parcel Number | 105959 |
| County | Marion |
| Property Type | CommercialSale |
| HOA | No |
| Status | Active |
| Directions | N First st and W Lincoln st |
| City | Woodburn |
| MLS Area | _170 |
| Lot Size Square Feet | 10018.0 |
| Listing Terms | Cash,Other |
| Tax Annual Amount | 4569.37 |
| Property Condition | UpdatedRemodeled |
| Virtual Tour | https://youtu.be/jRSiTE_nzN8 |
| Standard Status | Active |
| Accessory Dwelling Unit Y/N | No |
| Legal Description | ADDITION 'B' TO WOODBURN,BLOCK 2,LOT 7-8,ACRES 0.23 |
Interior Features
| FuelDescription | Gas |
|---|
Exterior Features
| Parking Features | Assigned,OnStreet |
|---|---|
| Water Source | PublicWater |
| Total Parking | 2.0 |
| Number of Buildings | 1 |
| Building Area Total | 13848.0 |
| Lot Size Acres | 0.23 |
| Road Surface Type | Paved |
| Other Equipment | Sprinkler |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 97071
Price
Taxes
Year Built
Visits
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The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLSTM of Portland, Oregon. Real estate listings held by brokerage firms other than Lake Oswego are marked with the RMLSTM logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLSTM, Portland, Oregon.
This content last updated on September 13, 2026 6:44 PM UTC at 4 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Southern Oregon Multiple Listing Service All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating
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