Search
Mixed-Use Building with Apartments
For Sale
$189,900

114 S 4th Avenue South, Park Falls, WI 54552

Ground-floor commercial space is paired with two one-bedroom apartments and finished lower-level office space.

Property Size2,912 SF
Price / SF$65.21
Days on Market116

Property Features for 114 S 4th Avenue South

General Information

Standard status Active
Size 2,912 SF
Property subtype Commercial

Site & Location

Highway Access Yes
Road Access Yes
Mixed-Use Components retail, residential, office

Units

Unit Mix 2 x 1BR
Multifamily Units 2

Building Details

Building Size 2,912 SF
Buildings 1
Listing Agency: Northwoods Realty
Listed By: Cala Neu · License #58726 - 90
Source: Freedom-choice
Added: Jul 1 Changed: Oct 23 Last Checked: Oct 23 at 1:37PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Northwoods Realty

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

The 2,912-square-foot mixed-use building combines ground-floor commercial space with two one-bedroom apartments on the second level. The main floor has an open dining and retail layout and a three-quarter bath; commercial kitchen equipment may be purchased separately. The apartments include a furnished efficiency and a second unit with a living room, dining area, kitchen, bedroom, and full bath. A finished lower-level office, half bath, laundry area, and storage provide additional usable space.

The property is in downtown Park Falls along State Highway 13. Exterior storage includes an attached 522-square-foot area and an 8-by-10-foot shed, with a parking area on site. Improvements made since 2020 include central air conditioning, a tankless water heater, a rubber roof, rafter work, updated wiring and plumbing, LED lighting, and remodeled apartments. The Sweet Brew business and kitchen equipment may be available separately.

Key Highlights

  • 2,912‑square‑foot mixed‑use building
  • Ground‑floor commercial area with open dining and retail layout
  • Two 1 BR apartments on the second floor

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Sweet Brew Bakery

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply Furniture & Home Goods Storage Facility (Bike/Boat/Book/etc) Store

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

Lease Details

2
Residential units
Yes
Highway access
Yes
Paved road access

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

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

Frequently Asked Questions

What type of property is this?
Mixed-use property - Ground-floor commercial space is paired with two one-bedroom apartments and finished lower-level office space.
Where is this mixed-use property located?
The property is located at 114 S 4th Avenue South 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: 2,912‑square‑foot mixed‑use building; Ground‑floor commercial area with open dining and retail layout; Two 1 BR apartments on the second floor
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved