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Open-Span Flex Building
For Sale
$109,900

135 5TH ST S, Park Falls, WI 54552

CommercialSale, Park Falls, WI

Property Size2,880 SF
Lot Size0.11 Acres
Price / SF$38.16
Days on Market1263

Property Features for 135 5TH ST S

General Information

Property type Commercial Sale
Property subtype Other
Directions In Park Falls, north on Hwy. 13 to left onto 1st St South, 1 block to right on 5th Ave S, 1/2 block to property on right.
Standard status Active
APN 23523
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Lot 6 Block 16 Park Falls Lumber Company Plat, 23-40N-1W
Tax Annual Amount 1711
Legal Description Lot 6 Block 16 Park Falls Lumber Company Plat, 23-40N-1W

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Water source Public

Building Details

Floors in Building 1
Flooring type Concrete
Building materials MetalSiding, Steel
Roof type Metal
Listing Agency: BIRCHLAND REALTY, INC - PARK FALLS
Listed By: PETER BUSHMAN · License #2720 - 90
Added: Mar 20, 2023 Changed: Aug 19 Last Checked: Sep 2 at 2:06AM
MLS# 200749

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 2,880-square-foot flex property is a pre-engineered steel building arranged for office, display, shop, and storage functions. The interior includes a 20-by-40-foot display area, an 18-by-18-foot office, a 24-by-24-foot heated shop and storage area, plus a 12-by-40-foot cold storage room. A walk-up loft adds storage capacity, and the building includes a half bath.

The property occupies a 50-by-120-foot lot with on-site and street parking, rear alley access, and recently installed curb, gutter, and sidewalk improvements. Construction features include metal siding, a metal roof, and concrete flooring. Heating is provided by a natural-gas Modine system, with public water and public sewer serving the property.

Key Highlights

  • 2,880‑square‑foot pre‑engineered open‑span steel building
  • 20x40 display area and 18x18 office
  • 24x24 heated shop/storage area with NG Modine heat system

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Auto Parts Store Law Firm Hair Salon Plumbing Service Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

199
Businesses Nearby
Balanced
Demand for This Use

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

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Adaptable commercial building with office, heated shop, display, storage, and loft areas.
Where is this flex space located?
The property is located at 135 5TH ST S Park Falls, WI.
What is the asking price?
The asking price for this property is $109,900.
What are key features of this property?
This property features: 2,880‑square‑foot pre‑engineered open‑span steel building; 20x40 display area and 18x18 office; 24x24 heated shop/storage area with NG Modine heat system
More about this property
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