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About This Home
This 25-bedroom, 18-bathroom single family at 550 N 1ST St in Woodburn, OR is listed for $4,900,000 ($354 per sqft). Built in 1914, the home offers 13,848 sqft of living space on a 0.23 acres lot.
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 strategi
es.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.
Key Features
- Built in 1914
- 0.23 acre lot
- 3 stories
Property Details
Amenities
Monthly Cost Estimate
$26,206/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
550 N 1ST St
Woodburn, OR 97071
Features & Amenities
Interior Features
Exterior Features
Property Details
Pool Features
Heating
Cooling
Appliances
Questions & Answers
This 25-bedroom, 18-bathroom single family at 550 N 1ST St is listed at $4,900,000 ($354/sqft). The estimated monthly payment is $21,233 based on 20% down at 6.5% interest.
Key features include: Built in 1914, 0.23 acre lot, 3 stories. Interior Features: Sprinkler. Exterior Features: Patio.
This property is listed by Adriana Gavozdea and can be reached at 5038301074 or Adriana@LariaRealEstate.com.











































