Historic Downtown Woodburn Redevelopment
For Sale
$4,900,000
550 N 1ST, Woodburn, OR 97071
Historic 13,000+ SF building, fully remodeled, downtown Woodburn location.
Property Size13,848 SF
Lot Size0.23 Acres
Price / SF$353.84
Days on Market195
Property Features for 550 N 1ST
General Information
Standard status
Active
Size
13,848 SF
Lot size
0.23 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$4,569
Amenities
Central air
Assigned
Energy Star Air Conditioning Cooling
Forced Air 90+ Heating
Membrane Roof
On street
Building Details
Year Built
1914
Listing Agency:
PREMIERE PROPERTY GROUP, LLC
(503) 670-9000
Listed By:
ADRIANA GAVOZDEA · License #201236462
Source:
Corcoran
Added: Feb 6
Changed: Aug 17
Last Checked: Aug 19 at 9:21AM
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
Current Use
Location Intelligence
Trade Area within ½ mile
399
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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 - 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.
