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Historic Assisted Living Facility
New
For Sale
$4,900,000

550 N 1st St, Woodburn, OR 97071

Remodeled historic building configured for residential care and other hospitality-oriented uses.

Property Size13,848 SF
Price / SF$353.84
Days on Market4

Property Features for 550 N 1st St

General Information

Standard status Active
Size 13,848 SF

Additional Details

Highway Access Yes

Building Details

Year Built 1914
Listing Agency: Premiere Property Group, LLC
Listed By: Adriana Gavozdea · License #201236462
Source: Wyndeekono
Added: Sep 19 Changed: Sep 22 Last Checked: Sep 21 at 10:40AM

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.

Built in 1914, this 13,848-square-foot historic commercial building was formerly used as City Hall, a courthouse, and a fire department. A comprehensive remodel introduced new infrastructure while retaining the building’s historic character. The property was reconfigured with residential care use in mind, supporting consideration for assisted living, memory care, or related licensed operations. Its scale and layout may also accommodate a bed and breakfast, boutique motel, or other commercial application.

The property is located at 550 N 1st St in downtown Woodburn, with access to I-5 and the Woodburn Premium Outlets within minutes. The combination of a substantial renovated building, historic civic identity, and care-oriented configuration gives the asset a clear connection to assisted living and senior housing uses while preserving flexibility for other hospitality or commercial operations.

Key Highlights

  • 13,848‑square‑foot historic commercial building
  • Constructed in 1914 with former City Hall, courthouse, and fire department uses
  • Comprehensively remodeled with new infrastructure

Property Analytics

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Current Use

Assisted living facilities

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Gym & Fitness Center HVAC Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

399
Businesses Nearby
Under-served
Demand for This Use

Demographics for 97071, OR

30,777
Population
10,595
Households
2.9
Avg Household Size
35
Median Age
17%
College-Educated
72%
High-School Grad
51.7 sq mi
ZIP Area
595
Density / Sq Mi
$70,130
Median Household Income
$35,927
Median Earnings
$1,382
Median Rent
$316,500
Median Home Value
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Similar Off Market Nearby

  • Silver Creek Senior Living 703 Evergreen Rd, Woodburn, OR 97071
  • Heritage House of Woodburn 943 N Cascade Dr, Woodburn, OR 97071
  • Cascade Park Retirement Community 950 N Cascade Dr, Woodburn, OR 97071

Frequently Asked Questions

What type of property is this?
Assisted living facility - Remodeled historic building configured for residential care and other hospitality-oriented uses.
Where is this assisted living facility located?
The property is located at 550 N 1st St 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: 13,848‑square‑foot historic commercial building; Constructed in 1914 with former City Hall, courthouse, and fire department uses; Comprehensively remodeled with new infrastructure
More about this property
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