Updated Mixed-Use Commercial
For Sale
$189,900
114 4TH AVE S, Park Falls, WI 54552
CommercialSale, Park Falls, WI
Property SizeContact for details
Lot Size0.10 Acres
Days on Market82
Property Features for 114 4TH AVE S
General Information
Property type
Commercial Sale
Property subtype
Other
Bedrooms
2
Bathrooms
4
Full bathrooms
3
Half bathrooms
1
Rooms
Bathroom 1, Bathroom 4, Bathroom 3, Bathroom 2, Bedroom 2, Bedroom 1
Parking features
Driveway
Directions
Heading Hwy 13 North, Corner of Hwy 13 and Division St on the Left side.
Standard status
Active
APN
271-1014060000
Lot size
0.10 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
PARK FALLS LUMBER CO. PLAT E 90' OF LOT 1 BLOCK 16
Tax Annual Amount
2536
Legal Description
PARK FALLS LUMBER CO. PLAT E 90' OF LOT 1 BLOCK 16
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Cooling system
Central Air
Water source
Public
Amenities
central air conditioning
tankless water heater
pellet stove
storage shed
attached storage area
Building Details
Year built
1910
Floors in Building
2
Number of units
3
Building materials
Brick
Roof type
Rubber
Listing Agency:
NORTHWOODS REALTY
(715) 339-4663
Listed By:
CALA NEU · License #58726 - 90
(715) 820-0636
Added: Jul 1
Changed: Sep 17
Last Checked: Sep 20 at 6:06AM
MLS# 218233
Copyright © 2026 Greater Northwoods MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 1910 brick mixed-use building combines a commercial main level with residential space above. The ground floor has an open dining and retail layout, a 3/4 bath, and commercial kitchen equipment available separately. A finished lower-level office, half bath, laundry area, and storage provide additional utility. Central air, a tankless water heater, LED lighting, updated wiring and plumbing, new entrances, a rubber roof, and rafter improvements are among the work completed since 2020.
The second floor contains two 1 BR apartments. One is a furnished efficiency, while the other includes a living room, dining room, kitchen, bedroom, and full bath. The property is positioned at 114 4TH AVE S along State Highway 13 in downtown Park Falls, with driveway parking, public water and sewer, and a 522 SqFt attached storage area. An 8' x 10' shed is also included.
The second floor contains two 1 BR apartments. One is a furnished efficiency, while the other includes a living room, dining room, kitchen, bedroom, and full bath. The property is positioned at 114 4TH AVE S along State Highway 13 in downtown Park Falls, with driveway parking, public water and sewer, and a 522 SqFt attached storage area. An 8' x 10' shed is also included.
Key Highlights
- Mixed‑use building at 114 4TH AVE S along State Highway 13
- Two 1 BR apartments on the second floor
- Commercial main level with open dining and retail layout
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
290
Businesses Nearby
Explore this area
Business Placement
Demographics for 54552, WI
4,381
Population
3,602
Households
1.2
Avg Household Size
54
Median Age
15%
College-Educated
93%
High-School Grad
360.3 sq mi
ZIP Area
12
Density / Sq Mi
$58,389
Median Household Income
$42,773
Median Earnings
$882
Median Rent
$127,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Brick construction combines adaptable business space with two upper-level apartments and supporting storage areas.
Where is this mixed-use property located?
The property is located at 114 4TH AVE S Park Falls, WI.
What is the asking price?
The asking price for this property is $189,900.
What are key features of this property?
This property features: Mixed‑use building at 114 4TH AVE S along State Highway 13; Two 1 BR apartments on the second floor; Commercial main level with open dining and retail layout
