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
Bedrooms25 Baths18.0 Sq 13,848

Monthly Estimate*

$ 30,170

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Single Family Home for sale in Woodburn, OR

for $4,900,000 with 25 bedrooms and 18 full baths. This 13,848 square foot home was built in 1914 on a lot size of 0.23.

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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Single Family Active

Price

$ 4,900,000

Bedrooms

25

Full Bath

18

Property Type

Single Family

Taxes

$ 4,569

Style

TriLevel

Lot Size

0.23

Year Built

1914

Town/City

Woodburn

County/Region

Marion

MLS | Web ID

732696353

Features
Interior
Interior Amenities Sprinkler
Basement Daylight Finished
Hot Water ENERGYSTARQualifiedEquipment Tankless
Window Features DoublePaneWindows
Total Bathrooms 18.0
Total Bedrooms 25
Total Baths 18
1/2 Baths 0
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General
Sewer PublicSewer
Heating ForcedAir95Plus
Cooling EnergyStarAirConditioning
Roof Membrane
Appliances ENERGYSTARQualifiedAppliances FreeStandingGasRange
Zoning DHD
Garage Spaces 0
Architectural Style TriLevel
Security Features FireEscape FireSprinklerSystem HandicapAccess
Year Built 1914
Stories Count 3
Property Subtype SingleFamilyResidence
Parcel Number 105959
Accessibility AccessibleDoors AccessibleElevatorInstalled AccessibleEntrance AccessibleHallway NaturalLighting RollinShower
County Marion
Property Type Residential
HOA N
Full Baths 18
Status Active
Directions N First st and W Lincoln st
High School Woodburn
City Woodburn
Disclosures Exempt
MLS Area _170
Lot Size Square Feet 10018.0
Listing Terms Cash Other
Elementary School Lincoln
Tax Annual Amount 4569.37
Middle/Junior High School French Prairie
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
ADU False
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Exterior
Exterior Amenities Patio
Parking Features Driveway OnStreet
Water Source PublicWater
Total Parking 0
Exterior Description Stone
Foundation Details Slab
Building Area Total 13848.0
Lot Size Acres 0.23
Road Surface Type Paved
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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
1950472 Elementary School
1949056 Middle School
Woodburn 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 Single Family Home for sale at $4,900,000 with 13,848 sqft and a lot size of 0.23. 550 N 1ST ST has 25 bedrooms, 18.0 baths, and was built in 1914. The property's zip code is 97071 which is in Woodburn, OR