515 Pacific Hwy Woodburn, OR 97071

Property Details for 515 Pacific Hwy

Year built

1906

Lot size

0.72 lot acres

Property size

3,136 SF

Property type

Commercial real estate

APN

602275

Description

This exceptional 3,136 square foot, two-story office building, located at 515 S Pacific Hwy in Woodburn, Oregon (97071), presents a compelling value-add investment opportunity. Built in 1906 and renovated in 1942, this Class B property sits on a 0.72-acre lot and is currently vacant. The building's permitted zoning is CG-LU, although a change of zoning may be required depending on the intended use. Previously operating as a bed and breakfast, the property's numerous rooms are well-suited for conversion into single or multi-tenant executive office space, potentially catering to professionals in fields such as insurance, legal, or accounting. The building boasts Pacific Highway frontage and ample parking. The asking price is $729,900, translating to $232.75 per square foot. Note that the property shares a private well with the adjacent property via an easement and management agreement. The property is offered AS-IS, and potential buyers should conduct their own due diligence, particularly given the building's age. The Marion County Assessor's Parcel Number (APN) is 602275. This landmark building on Highway 99 presents a unique chance to acquire a piece of Woodburn history and capitalize on its redevelopment potential.