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Open-Plan Flex Space
For Sale
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114 Spring Street, River Falls, WI 54022

Commercial Sale, River Falls, WI

Property SizeContact for details
Lot Size1.55 Acres
Days on Market41

Property Features for 114 Spring Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Business/Commercial
Parking features Guest, Driveway, Parking Lot
Exterior features Brick Veneer
High school district River Falls
Directions From downtown River Falls, take Main Street to Spring Street. Turn east onto Spring Street; the property will be on the left at 114 Spring Street, adjacent to the Best Western Plus Campus Inn.
Standard status Active
APN 276010761000
Lot size 1.55 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 115407

Utilities

Heating system Forced Air

Amenities

Massive windows
2 baths
2 shower rooms

Building Details

Year built 2010
Listing Agency: RE/MAX Synergy · RE/MAX International
Listed By: Terry K. Mckay, Gri · License #4398590
Added: Jul 20 Changed: Aug 28 Last Checked: Aug 29 at 7:06AM
MLS# 7112857

Copyright © 2026 Northstar 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 flex space offers a broad, adaptable interior that can be configured for office, retail, fitness, or other commercial uses. Extensive windows provide natural light and exterior exposure, while the property includes 2 baths and 2 shower rooms. Build-out flexibility allows the next occupant to shape the space around its operational requirements.

Set within downtown River Falls, the property is within walking distance of restaurants, shopping, banks, and services. Parking is available through the on-site lot, driveway, and street options. The property occupies 1.55 acres, was built in 2010, and features brick veneer construction with forced-air heating.

Key Highlights

  • Open interior suitable for office, retail, fitness, and other commercial uses
  • Expansive windows around the space provide natural light and exterior exposure
  • Includes 2 baths and 2 shower rooms

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Law Firm HVAC Service Electrical Service Computer & Electronic Repair (Bike/Boat/Book/etc) Store Plumbing Service

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

666
Businesses Nearby
Under-served
Demand for This Use

Demographics for 54022, WI

23,612
Population
9,033
Households
2.6
Avg Household Size
33
Median Age
45%
College-Educated
98%
High-School Grad
137.8 sq mi
ZIP Area
171
Density / Sq Mi
$91,292
Median Household Income
$35,234
Median Earnings
$1,059
Median Rent
$349,700
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Similar Off Market Nearby

  • Pair•fection Catering 414 S Main St, River Falls, WI 54022

Frequently Asked Questions

What type of property is this?
Flex space - Flexible interior with expansive windows, restroom and shower facilities, plus parking access.
Where is this flex space located?
The property is located at 114 Spring Street River Falls, WI.
What are key features of this property?
This property features: Open interior suitable for office, retail, fitness, and other commercial uses; Expansive windows around the space provide natural light and exterior exposure; Includes 2 baths and 2 shower rooms
More about this property
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