Curious about this home?

Ask anything — no agents, no pressure

Try asking

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.

Agent Description

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

3 stories
18 full
1914

Amenities

A/C

Monthly Cost Estimate

$26,206/mo

20% down · 6.5% · 30 years

Principal$3,544
Interest$21,233
Insurance$1,429

Estimates only. Actual payments may vary.

Location

550 N 1ST St

Woodburn, OR 97071

Features & Amenities

Interior Features

Sprinkler

Exterior Features

Patio

Property Details

Pool Features

Patio

Heating

Forced Air

Cooling

ENERGY STAR Qualified Equipment

Appliances

ENERGYSTARQualifiedAppliancesFreeStandingGasRange

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.

AG

Adriana Gavozdea

Agent at Premiere Property Group, LLC

(503) 830-1074

Listed by Premiere Property Group, LLC

MLS# 732696353· Source: listhub· Updated 63 days ago

Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

550 N 1ST St, Woodburn, OR 97071

Open this listing in: