550 N 1ST ST, Woodburn, OR 97071
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550 N 1ST ST, Woodburn, OR 97071
550 N 1ST ST, Woodburn, OR 97071
550 N 1ST ST, Woodburn, OR 97071
550 N 1ST ST, Woodburn, OR 97071
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Kristen Spellman

Kristen Spellman

+1(971) 338-0022
Listed by Premiere Property Group, LLC
$ 4,900,000
Est. payment /mo
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Active

550 N 1ST ST Woodburn, OR 97071

13,848 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Business Opportunity

Listing Status Active

Purchase Type For Sale

Square Footage 13,848 sqft

Price per Sqft $353

MLS Listing ID 269410502

Year Built 1914

Annual Tax Amount $4,569

Tax Year 2024

Lot Size 10,018 Sqft

Property Sub-Type Business Opportunity

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.

Location

State OR

County Marion

Area _170

Zoning DHD

Interior

Heating Forced Air95 Plus

Cooling Energy Star Air Conditioning

Equipment Sprinkler

Exterior

Roof Type Membrane

Garage No

Building

Story 3

Sewer Public Sewer

Water Public Water

Level or Stories 3

Others

Acceptable Financing Cash, Other

Listing Terms Cash, Other

Virtual Tour https://youtu.be/jRSiTE_nzN8

Regional Multiple Listing Service (RMLS)

Nearby Locations

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Kristen Spellman

OR & WA Residential. Commercial. Advising Realtor Oregon 201229226Washington 139767

+1(971) 338-0022 | kristen@pacificnwbroker.com

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550 N 1ST ST