550 N 1ST ST Woodburn, OR $ 4,900,000
550 N 1ST ST
$ 4,900,000
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550 N 1ST ST

Woodburn, OR, 97071
$ 4,900,000
Bedrooms-- Baths-- Sq 13,848

Monthly Estimate*

$ 30,170

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Commercial Property for sale in Woodburn, OR

for $4,900,000. This 13,848 square foot building was built in 1914 on a lot size of 0.23.

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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Commercial Active

Price

$ 4,900,000

Property Type

Commercial

Taxes

$ 4,569

Style

BusinessOpportunity

Lot Size

0.23

Year Built

1914

Town/City

Woodburn

County/Region

Marion

MLS | Web ID

269410502

Features
General
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
Gross Income 0
County Marion
Operating Expense 0
Property Type CommercialSale
HOA N
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 N
Legal Description ADDITION 'B' TO WOODBURN BLOCK 2 LOT 7-8 ACRES 0.23
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Exterior
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
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Internal Only
Street Number 1 550
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* Excluded Features
List By
Premiere Property Group, Llc

Broker

Adriana@LariaRealEstate.com

Email

Affordability Calculator

$30,551
Per Month
99%
1%
0%
Monthly Principal & Interest
$30,170
Monthly Property Taxes
$381
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1949264 Elementary School
1949174 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/6/2026$4,900,000 Listed Price

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550 N 1ST ST, Woodburn, OR, 97071 is a Commercial Property for sale at $4,900,000 with 13,848 sqft and a lot size of 0.23. 550 N 1ST ST was built in 1914. The property's zip code is 97071 which is in Woodburn, OR