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.
Active
$4,900,000
550 N 1st St, Woodburn, OR 97071
25beds
13,848sqft
Residential, Single Family Residence
Built in 1914
10,018 Square Feet Lot
$-- Zestimate®
$354/sqft
$-- HOA
What's special
Modern systemsExcellent visibility and accessibilityBrand-new infrastructure
- 162 days |
- 314 |
- 17 |
Zillow last checked:
Listing updated:
Listed by:
Adriana Gavozdea 503-830-1074,
Premiere Property Group, LLC
Source: RMLS (OR),MLS#: 732696353
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 25
- Bathrooms: 18
- Full bathrooms: 18
- Main level bathrooms: 6
Rooms
- Room types: Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Level: Main
Heating
- Forced Air 95 Plus
Cooling
- ENERGY STAR Qualified Equipment
Appliances
- Included: ENERGY STAR Qualified Appliances, Free-Standing Gas Range, ENERGY STAR Qualified Water Heater, Tankless Water Heater
Features
- Windows: Double Pane Windows
- Basement: Daylight,Finished
Interior area
- Total structure area: 13,848
- Total interior livable area: 13,848 sqft
Video & virtual tour
Property
Parking
- Parking features: Driveway, On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Accessible Doors, Accessible Elevator Installed, Accessible Entrance, Accessible Hallway, Natural Lighting, Rollin Shower, Accessibility, Handicap Access
Features
- Levels: Tri Level
- Stories: 3
- Patio & porch: Patio
Lot
- Size: 10,018 Square Feet
- Features: SqFt 10000 to 14999
Details
- Parcel number: 105959
- Zoning: DHD
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Residential, Single Family Residence
Materials
- Stone
- Foundation: Slab
- Roof: Membrane
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1914
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Fire Escape, Fire Sprinkler System
HOA
- Has HOA: No
Location
- Region: Woodburn
Financial & listing details
- Price per square foot: $354/sqft
- Annual tax amount: $4,569
- Date on market: 2/6/2026
- Listing terms: Cash,Other
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 2/6/2026 | Listed for sale | $4,900,000+444.5%$354/sqft |
Source:  RMLS (OR) #732696353 Report a problem | ||
| 1/23/2019 | Listing removed | $899,900$65/sqft |
Source: Beaverton - WEICHERT, REALTORS - Elite #18012875 Report a problem | ||
| 9/5/2018 | Price change | $899,900-5.3%$65/sqft |
Source: Beaverton - WEICHERT, REALTORS - Elite #18012875 Report a problem | ||
| 7/27/2018 | Listed for sale | $949,900+143.6%$69/sqft |
Source: Beaverton - WEICHERT, REALTORS - Elite #18012875 Report a problem | ||
| 11/1/2017 | Sold | $390,000-18.7%$28/sqft |
Source: Agent Provided Report a problem | ||
| 11/1/2009 | Listing removed | $479,900$35/sqft |
Source: Coldwell Banker Mountain West #599004 Report a problem | ||
| 8/8/2009 | Listed for sale | $479,900$35/sqft |
Source: Coldwell Banker Mountain West #599004 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 97071
Nearby schools
GreatSchools rating
- 3/10Nellie Muir Elementary SchoolGrades: K-5Distance: 0.7 mi
- 1/10Woodburn SuccessGrades: 7-12Distance: 0.4 mi
- 2/10Valor Middle SchoolGrades: 6-8Distance: 1 mi
Schools provided by the listing agent
- Elementary: Lincoln
- Middle: French Prairie
- High: Woodburn
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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