Mixed-Use Building with
For Sale
$189,900
114 S 4TH AVE, Park Falls, WI 54552
CommercialSale, Park Falls, WI
Property SizeContact for details
Lot Size0.10 Acres
Days on Market123
Property Features for 114 S 4TH AVE
General Information
Property type
Commercial Sale
Property subtype
Other
Bedrooms
2
Bathrooms
4
Full bathrooms
3
Half bathrooms
1
Rooms
Bedroom 1, Bathroom 4, Bathroom 1, Bathroom 3, Bathroom 2, Bedroom 2
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
Forced Air, Natural Gas
Cooling system
Central Air
Water source
Public
Amenities
central air conditioning
on-site laundry
Building Details
Year built
1910
Floors in Building
2
Number of units
3
Building materials
Brick
Roof type
Rubber
Buildings
1
Listing Agency:
NORTHWOODS REALTY
(715) 339-4663
Listed By:
CALA NEU · License #58726 - 90
(715) 820-0636
Added: Jul 1
Changed: Oct 31
Last Checked: Oct 31 at 7:06PM
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.
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Investment Insights
Based on property information with market context.
This brick mixed-use property has a commercial main floor arranged for dining and retail, with a 3/4 bath. Two one-bedroom apartments occupy the second floor: one is a remodeled, furnished efficiency, while the other includes a living room, dining room, kitchen and full bath. The lower level adds a finished office, half bath, laundry area and storage. An attached 522-square-foot storage area and an 8' x 10' shed provide additional space, with driveway parking outside.
The building sits along State Highway 13 in downtown Park Falls on a 0.104-acre lot. Improvements made since 2020 include central air conditioning, a rubber roof, rafter work, updated wiring and plumbing, refreshed bathrooms, new entrances, LED lighting and a tankless water heater. The property was built in 1910 and has public water and sewer.
The building sits along State Highway 13 in downtown Park Falls on a 0.104-acre lot. Improvements made since 2020 include central air conditioning, a rubber roof, rafter work, updated wiring and plumbing, refreshed bathrooms, new entrances, LED lighting and a tankless water heater. The property was built in 1910 and has public water and sewer.
Key Highlights
- Two second‑floor one‑bedroom apartments, including a remodeled furnished efficiency
- Main‑floor commercial area configured for dining and retail, with a 3/4 bath
- Finished lower‑level office, half bath, laundry area and storage
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
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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
Frequently Asked Questions
What type of property is this?
Mixed-use property - Commercial space, two apartments, a lower-level office and driveway parking combine in one property.
Where is this mixed-use property located?
The property is located at 114 S 4TH AVE 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: Two second‑floor one‑bedroom apartments, including a remodeled furnished efficiency; Main‑floor commercial area configured for dining and retail, with a 3/4 bath; Finished lower‑level office, half bath, laundry area and storage
