# 550 N 1ST St, Woodburn, OR 97071

> **TL;DR:** 25bd/18ba single family, $4,900,000 ($354/sqft), built 1914, 13,848 sqft.
> A/C. Est. $21,233/mo. Listed 63 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $4,900,000 |
| Price/sqft | $354 |
| Bedrooms | 25 |
| Bathrooms | 18 full |
| Square Feet | 13,848 |
| Year Built | 1914 |
| Lot Size | 10,019 sqft (0.23 acres) |
| Stories | 3 |
| Property Type | Single Family (Single Family Residence) |
| Status | For Sale |
| Days on Market | 63 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $21,233 |
| **Total** | **$21,233** |

## Nearby Schools

- **Elementary:** Lincoln
- **Middle:** French Prairie
- **High:** Woodburn

## Key Amenities

- A/C

## Property Highlights

- Built in 1914
- 0.23 acre lot
- 3 stories

## Description

### 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 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.

## Location

- **Address:** 550 N 1ST St, Woodburn, OR 97071
- **County:** Marion
- **Coordinates:** 45.144027, -122.855869
- **Google Maps:** https://www.google.com/maps?q=45.144027,-122.855869

## Listing Agent

- **Name:** Adriana Gavozdea
- **Brokerage:** Premiere Property Group, LLC
- **Phone:** 5038301074
- **Email:** Adriana@LariaRealEstate.com

## Primary Photo

![550 N 1ST St - Primary Photo](http://lh.rdcpix.com/0e9873a47a74b985373cc3eb26487124l-f2005946810r.jpg)

*44 total photos available on [listing page](https://www.propertysimple.com/listing/550-n-1st-st-woodburn-or-97071-32696353)*

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**MLS#:** 732696353 | **Updated:** 2026-04-24
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/550-n-1st-st-woodburn-or-97071-32696353)

---

## Structured Data

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