Thomas Hrabal

550 N 1st St

Woodburn, OR
$ 4,900,000 Beds 25 Baths 18 Sq 13,848 Virtual Tour
Monthly Estimate* How much can I afford?

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

  • Price
  • $ 4,900,000
  • City
  • Woodburn
  • Bedrooms
  • 25
  • Full Bathrooms
  • 18
  • County
  • MARION
  • Half Bathrooms
  • 0
  • Area
  • 170
  • Lot Size
  • 0.23 Acres
  • Zip
  • 97071
  • Sqr Footage
  • 13,848
  • Year Built
  • 1914
  • Taxes
  • $ 4569
  • Style
  • TriLevel
  • MLS#
  • 732696353
Listed By: Premiere Property Group, LLC -
Data Source: Regional Multiple Listing Service (RMLSOR)

Features

General

Sewer PublicSewer
Heating ForcedAir95Plus
Cooling EnergyStarAirConditioning
Roof Membrane
Appliances ENERGYSTARQualifiedAppliances,FreeStandingGasRange
Zoning DHD
Architectural Style TriLevel
Security Features FireEscape,FireSprinklerSystem,HandicapAccess
Year Built 1914
Stories Count 3
Property Subtype SingleFamilyResidence
Parcel Number 105959
Accessibility AccessibleDoors,AccessibleElevatorInstalled,AccessibleEntrance,AccessibleHallway,NaturalLighting,RollinShower
County Marion
Property Type Residential
HOA No
Full Baths 18
Status Active
Directions N First st and W Lincoln st
High School Woodburn
City Woodburn
Disclosures Exempt
MLS Area _170
Lot Size Square Feet 10018.0
Listing Terms Cash,Other
Elementary School Lincoln
Tax Annual Amount 4569.37
Middle/Junior High School French Prairie
Property Condition UpdatedRemodeled
Virtual Tour https://youtu.be/jRSiTE_nzN8
Standard Status Active
Accessory Dwelling Unit Y/N No
Legal Description ADDITION 'B' TO WOODBURN,BLOCK 2,LOT 7-8,ACRES 0.23
SeniorCommunityYn False
ADU False

Interior Features

Interior Amenities Sprinkler
Basement Daylight,Finished
Hot Water ENERGYSTARQualifiedEquipment,Tankless
Window Features DoublePaneWindows
Total Bathrooms 18.0
FuelDescription Gas
Total Bedrooms 25
Total Baths 18

Exterior Features

Exterior Amenities Patio
Parking Features Driveway,OnStreet
Water Source PublicWater
Exterior Description Stone
Foundation Details Slab
Building Area Total 13848.0
Lot Size Acres 0.23
Road Surface Type Paved

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Hillsboro, OR office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Lincoln Elementary School
Middle School French Prairie Middle School
High School Woodburn High School

Price History

2/6/2026 Listed $4,900,000

Property vs Zip Code Average in 97071

Price
AVG $540K
$4.9M
Taxes
AVG $3,866
$4,569
Year Built
AVG 1994
1914
Visits
AVG 135
435
Data Provided by Inside Real Estate®

Areas That We Cover

550 N 1st St Woodburn, OR is a Single Family Home for sale at $4900000 with 13848 sqft and a lot size of 0.23 Acres Acre(s). 550 N 1st St Woodburn has 25 bedrooms, 18 baths and was built in 1914. The property's zip code is 97071 which is in Woodburn, OR

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Thomas Hrabal

Thomas Hrabal

Real Estate Broker

971-400-3829

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