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Historic Downtown Woodburn Redevelopment Opportunity

550 N 1ST Woodburn, OR 97071

550 N 1ST, Woodburn, OR, 97071
$4,900,000
For Sale
$4,900,000

Historic 13,000+ SF building, fully remodeled, downtown Woodburn location.

Property Size13,848 SF
Lot Size0.23 Acres
Price / SF$353.84
Days on Market163

Property Features for 550 N 1ST

General Information

Standard status
Active
Size
13,848 SF
Lot size
0.23 Acres
Property subtype
Commercial

Building Details

Year Built
1914
Listing Agency PREMIERE PROPERTY GROUP, LLC
Listed by ADRIANA GAVOZDEA · License #201236462
Source Corcoran
Added: Feb 6 Checked: Jul 19 at 3:56 am

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of PREMIERE PROPERTY GROUP, LLC


Investment Insights

Based on property information with market context.

This historic commercial asset, built in 1914, offers redevelopment and income potential in downtown Woodburn. The former City Hall, Courthouse, and Fire Department building has been fully remodeled and is turnkey. The property spans over 13,000 square feet and features a new infrastructure, with modern systems that preserve the building's character. The recent renovation was completed with use as a residential care facility in mind, creating potential for RTF, memory care, assisted living, or similar licensed operations. The layout and scale also lend themselves to a bed & breakfast, boutique motel, or other commercial uses. The property is strategically located in the heart of downtown Woodburn, with visibility and accessibility, minutes from I-5 and the Woodburn Premium Outlets. It offers flexible use and long-term income potential in a growing market.

Key Highlights

  • Fully remodeled 13,000+ sq ft historic building, formerly City Hall, Courthouse, and Fire Department, built in 1914.
  • Ideal for residential care facility or other commercial uses like a bed & breakfast or boutique motel.
  • Prime downtown Woodburn location offers excellent visibility and accessibility.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Assisted living facilities

Suggested Use

Real Estate Agency Law Firm Gym & Fitness Center Parking Lot & Garage HVAC Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Garden Center Spa & Massage Center

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • Heritage House of Woodburn — 943 N Cascade Dr, Woodburn, OR 97071
  • Heartwood Place Memory Care — 2325 N Boones Ferry Rd, Woodburn, OR 97071
  • Cascade Park Retirement Community — 950 N Cascade Dr, Woodburn, OR 97071

FAQs

What type of property is this?
Assisted living facility - Historic 13,000+ SF building, fully remodeled, downtown Woodburn location.
Where is this assisted living facility located?
The property is located at 550 N 1ST Woodburn, OR.
What is the asking price?
The asking price for this property is $4,900,000.
What are key features of this property?
This property features: Fully remodeled 13,000+ sq ft historic building, formerly City Hall, Courthouse, and Fire Department, built in 1914.; Ideal for residential care facility or other commercial uses like a bed & breakfast or boutique motel.; Prime downtown Woodburn location offers excellent visibility and accessibility.
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