Updated Mixed-Use
For Sale
$189,900
114 4TH AVE S, Park Falls, WI 54552
COMMERCIAL - Park Falls, WI
Property SizeContact for details
Lot Size0.10 Acres
Days on Market50
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 2, Bathroom 4, Bedroom 2, Bathroom 1, Bedroom 1, Bathroom 3
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 AC
tankless water heater
new front & rear entrances
bathroom updates
interior & exterior painting
new rubber roof & rafter improvements
remodeled upper-level apartments
LED lighting
updated wiring & plumbing
pellet stove
finished office
half bath
laundry area
storage shed
parking 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: Aug 12
Last Checked: Aug 19 at 4:06PM
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 flexible commercial floor plan with residential space above. The main level is arranged for dining and retail use, while the finished lower level adds an office, laundry area, half bath, and storage. Two one-bedroom apartments occupy the second floor, including a furnished efficiency and a larger apartment with living room, dining room, kitchen, bedroom, and full bath.
The property sits on 0.104 acres along State Highway 13 at 114 4TH AVE S in Park Falls. Improvements completed since 2020 include central air, a tankless water heater, upgraded entrances, refreshed bathrooms, interior and exterior paint, a rubber roof, rafter work, LED lighting, updated wiring and plumbing, and a pellet stove. Public water and sewer serve the property, with natural gas and forced-air heat. An attached 522-square-foot storage area, 8' x 10' shed, and driveway parking provide additional utility. Commercial kitchen equipment may be purchased separately.
The property sits on 0.104 acres along State Highway 13 at 114 4TH AVE S in Park Falls. Improvements completed since 2020 include central air, a tankless water heater, upgraded entrances, refreshed bathrooms, interior and exterior paint, a rubber roof, rafter work, LED lighting, updated wiring and plumbing, and a pellet stove. Public water and sewer serve the property, with natural gas and forced-air heat. An attached 522-square-foot storage area, 8' x 10' shed, and driveway parking provide additional utility. Commercial kitchen equipment may be purchased separately.
Key Highlights
- Mixed‑use building on 0.104 acres along State Highway 13
- Two second‑floor 1 BR apartments, including a furnished efficiency
- Main level configured for dining and retail use
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
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
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Flexible commercial space with an open main level, two one-bedroom apartments, and finished lower-level support 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 on 0.104 acres along State Highway 13; Two second‑floor 1 BR apartments, including a furnished efficiency; Main level configured for dining and retail use
