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Updated Mixed-Use Building
For Sale
$189,900

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

Main-level commercial space includes dining and retail areas, with two upper-level one-bedroom apartments.

Property Size2,912 SF
Price / SF$65.21
Days on Market61

Property Features for 114 S 4th Avenue South

General Information

Standard status Active
Size 2,912 SF

Taxes and HOA fees

Annual Taxes $2,536
Listing Agency: NORTHWOODS REALTY
Listed By: CALA NEU · License #42987
Source: Exprealty
Added: Jul 1 Changed: Aug 29 Last Checked: Aug 29 at 3:44PM

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

Investment Insights

Based on property information with market context.

This 2,912-square-foot mixed-use building combines a flexible commercial main level with two upper-floor apartments. The commercial area has an open dining and retail layout, a 3/4 bath, and access to a commercial kitchen setup that may be purchased separately. The lower level adds a finished office, half bath, laundry area, and substantial storage. Recent improvements since 2020 include central AC, a tankless water heater, new front and rear entrances, bathroom work, interior and exterior painting, a rubber roof with rafter improvements, LED lighting, updated wiring and plumbing, and a pellet stove.

The property is located in downtown Park Falls along State Highway 13 at 114 S 4th Avenue South. Exterior features include an attached 522 SqFt storage area, an 8' x 10' storage shed, and a parking area. The second floor contains two 1 BR apartments, including a furnished efficiency and a larger apartment with a living room, dining room, kitchen, bedroom, and full bath.

Key Highlights

  • 2,912‑square‑foot mixed‑use building at 114 S 4th Avenue South, Park Falls, WI 54552
  • Positioned along State Highway 13 in downtown Park Falls
  • Two 1 BR apartments on the second floor

Property Analytics

Current Use

Sweet Brew Bakery

Suggested Use

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

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 Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Main-level commercial space includes dining and retail areas, with two upper-level one-bedroom apartments.
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 at 114 S 4th Avenue South, Park Falls, WI 54552; Positioned along State Highway 13 in downtown Park Falls; Two 1 BR apartments on the second floor
More about this property
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