Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1107 3Rd Ave Park Falls, WI 54552

    For Sale
    $299,000

    COMMERCIAL - Park Falls, WI

    Lot size:
    1.05 Acres
    Days on Market:
    33
    Last Refresh:
    Dec 5 at 12:06 pm

    Property Features for 1107 3Rd Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    24778, 24779, 24780
    Parking features
    Garage, Driveway
    Interior features
    Storage
    Lot size
    1.05 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Electric (Heating)
    Water source
    Public

    Building Details

    Number of units
    4
    Flooring type
    Mixed
    Building materials
    VinylSiding, WoodSiding
    Roof type
    Composition, Shingle
    Additional Structures
    Storage

    Redman Realty Group, LLC (715) 358-0450 [email protected]

    Listing agent STEPHANIE WOTACHEK (715) 892-0290 License #59546 - 90

    Listing date Nov 3, 2025

    Copyright © 2025 Northwoods Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Park Falls Multifamily Investment Opportunity

    This is a well-established, fully occupied four-unit multifamily property located in downtown Park Falls, Wisconsin. The unit mix includes one 2-bed/2-bath unit, two 2-bed/1-bath units, and one 1-bed/1-bath unit. The property features stable, long-term tenants and is in excellent proximity to local retailers, restaurants, and services. On-site amenities include a laundry area. Indoor parking is available for tenants for an additional monthly fee, and ample exterior parking is provided. The property includes three parcels, one of which is a 0.3-acre buildable vacant lot to the south. This vacant lot offers potential for future expansion, storage buildings, garages, or additional rental units. The total lot size is 1.05 acres. This property represents an excellent cash-flow asset with development upside in a growing community.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Park Falls
    County
    Price
    State
    Wisconsin
    Longitude
    -90.44879213
    Latitude
    45.92265067

    Nearby Similar for Sale

    • $199,900
      0.10 Acres

      Commercial Building on State Highway

      High-visibility commercial building with retail space and residential income potential.
      114 4Th Ave S, Park Falls, WI 54552
      View Details
    • $199,900
      3,888 SF

      Park Falls Commercial Real Estate

      Commercial property in Park Falls, Wisconsin with recent upgrades.
      114 S 4Th Ave, Park Falls, WI 54552
      View Details
    • $299,000
      1.00 Acre

      Versatile Commercial Property on Highway

      Mixed-use property with highway frontage, apartment, and modern upgrades.
      1181 4Th Ave N, Park Falls, WI 54552
      View Details
    • $197,900
      0.75 Acres

      Park Falls Commercial Building For Sale

      Commercial building on State Hwy 13 with great exposure.
      1151 4Th Ave S, Park Falls, WI 54552
      View Details
    • $119,900
      1.48 Acres

      Park Falls Commercial Opportunity

      Storage, shop, and garage on 1.48 acres.
      W7915 Division St, Park Falls, WI 54552
      View Details
    • $97,900
      0.75 Acres

      Park Falls Commercial Property For Sale

      Commercial property on State Hwy 13 with great exposure.
      1155 4Th Ave S, Park Falls, WI 54235
      View Details

    FAQs

    What type of property is this?
    Quadplex - Four-unit multifamily property with development potential in Park Falls, WI.
    Where is this quadplex located?
    The property is located at 1107 3Rd Ave Park Falls, WI.
    What is the asking price?
    The asking price for this property is $299,000.
    What are key features of this property?
    This property features: - Excellent cash-flow asset with stable, long-term tenants in place.; - Includes a 0.3-acre buildable vacant lot for future expansion or development.; - Prime downtown location with excellent proximity to retailers, restaurants, and services.
    (715) 892-0290
    Request Owner's contact information
    1107 3Rd Ave Park Falls, WI 54552
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1107 3Rd Ave
    Park Falls, WI 54552
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1107 3Rd Ave Park Falls, WI 54552
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.