550 N 1st St, Woodburn, OR 97071 | MLS ID 732696353

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$4,900,000

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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.

Information

Address:
<map>

550 N 1st St
Woodburn, OR 97071

Bedrooms: 25

Bathrooms: 18 full

Square Feet: 13848

Type: Tri Level

Area/School Dist: Marion Co: Except Salem and Keizer

MLS ID: 732696353

Status: Active

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Features

Taxes: $4,569
Basement: Yes
Roof Type: Membrane
Exterior: Stone
Parking Notes: Driveway,OnStreet
Lot Size: 0.23 Acres
Heating: Forced Air95Plus
Fuel Type: Gas
Cooling: EnergyStar Air Conditioning
Year Built: 1914
Water: Public Water
Sewer: Public Sewer
Stories: 3.0
Accessibility: Accessible Doors, Accessible Elevator Installed, Accessible Entrance, Accessible Hallway(s), Natural Lighting, Roll-in Shower
Basement: Daylight, Finished
Bathroom Description: 6.0 (Lower), 6.0 (Main), 6.0 (Upper)
Exterior: Patio
Hot Water Description: ENERGY STAR Qualified Equipment, Tankless
Interior: Sprinkler
Kitchen: ENERGY STAR Qualified Appliances, Free-Standing Gas Range
Square Footage Description: 4616 (Lower), 4616 (Main), 4616 (Upper)

School Information

High School: Woodburn
Middle School: French Prairie
Elementary School: Lincoln

Mortgage Information

Agency/Agent Information

Shown By:
  Agency Name: DAT Real Estate Solutions
  Agency Phone: 503-400-7995

Listed By
   Premiere Property Group, LLC
  Agency Phone: 503-670-9000

DAT Real Estate Solutions
4660 Portland Road, Suite 103 | Salem, Oregon 97305
503.400.7995

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