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Mixed-Use Building with Storefront
For Sale
$119,900

149 2ND AVE, Park Falls, WI 54552

COMMERCIAL - Park Falls, WI

Property SizeContact for details
Lot Size0.14 Acres
Days on Market141

Property Features for 149 2ND AVE

General Information

Property type Commercial Sale
Property subtype Other
Bedrooms 4
Bathrooms 1
Full bathrooms 1
Rooms Bedroom 3, Bedroom 2, Bathroom 1, Bedroom 4, Bedroom 1
Parking features On Street
Directions Park Falls to East Hwy 182, North onto 2nd Ave. West side of street
Standard status Active
APN 271-101108000
Lot size 0.14 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description PARK FALLS LUMBER CO. PLAT LOT 4 BLOCK 13
Tax Annual Amount 3968
Legal Description PARK FALLS LUMBER CO. PLAT LOT 4 BLOCK 13

Utilities

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

Building Details

Floors in Building 2
Number of units 1
Building materials Frame, Concrete, VinylSiding
Roof type Tar/Gravel
Listing Agency: NORTHWOODS REALTY
Listed By: MICHAEL KELLER · License #73429-94
Added: Apr 1 Changed: Aug 12 Last Checked: Aug 19 at 6:06PM
MLS# 216271

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.

Located at 149 2ND AVE in Park Falls, this mixed-use property combines commercial space on the main level with residential accommodation above. The street-level storefront can support retail, office, or service-oriented use, while the upper floor contains a four-bedroom, one-bath apartment with a full kitchen, living room, dining area, and in-unit laundry.

The property occupies 0.138 acres and includes on-street parking. Construction incorporates frame, concrete, and vinyl siding, with natural-gas hot-water heating. The building is served by a well and public sewer and has a tar-and-gravel roof. Its downtown Park Falls setting places both commercial and residential components within the same building.

Key Highlights

  • Main‑level storefront space for retail, office, or service use
  • Upstairs apartment with 4 bedrooms and 1 bath
  • Apartment includes full kitchen, living room, dining area, and in‑unit laundry

Property Analytics

Current Use

Cowgirl Daisy Boutique Clothing & Fashion Store Feit's Ice Cream ... Restaurant Park Falls Variety ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply Storage Facility Furniture & Home Goods Pharmacy

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

290
Businesses Nearby

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 Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Street-level commercial space is paired with an upstairs apartment featuring four bedrooms and in-unit laundry.
Where is this mixed-use property located?
The property is located at 149 2ND AVE Park Falls, WI.
What is the asking price?
The asking price for this property is $119,900.
What are key features of this property?
This property features: Main‑level storefront space for retail, office, or service use; Upstairs apartment with 4 bedrooms and 1 bath; Apartment includes full kitchen, living room, dining area, and in‑unit laundry
More about this property
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