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Flex Space with Loft Storage
For Sale
$109,900

135 S 5TH ST, Park Falls, WI 54552

CommercialSale, Park Falls, WI

Property Size2,880 SF
Lot Size0.11 Acres
Price / SF$38.16
Days on Market1317

Property Features for 135 S 5TH ST

General Information

Property type Commercial Sale
Property subtype Other
Directions In Park Falls, north on Hwy. 13 to left onto 1st St South, 1 block to right on 5th Ave S, 1/2 block to property on right.
Standard status Active
APN 23523
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Lot 6 Block 16 Park Falls Lumber Company Plat, 23-40N-1W
Tax Annual Amount 1711
Legal Description Lot 6 Block 16 Park Falls Lumber Company Plat, 23-40N-1W

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air
Water source Public

Building Details

Floors in Building 1
Flooring type Concrete
Building materials MetalSiding, Steel
Roof type Metal
Buildings 1
Listing Agency: BIRCHLAND REALTY, INC - PARK FALLS
Listed By: PETER BUSHMAN · License #2720 - 90
Added: Mar 20, 2023 Changed: Oct 24 Last Checked: Oct 26 at 3:06PM
MLS# 200749

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.

Rey
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Investment Insights

Based on property information with market context.

This 2,880-square-foot flex property is a pre-engineered steel building with an open interior span. The layout includes a 20-by-40-foot display area, an 18-by-18-foot office, a 24-by-24-foot heated shop and storage area, and a 12-by-40-foot cold storage room. A walk-up loft provides more storage, and the building has a half bath. Heating is provided by a natural gas Modine system.

The property occupies a 50-by-120-foot lot on 5th Avenue South in Park Falls. Curb, gutter, and sidewalk have been installed, and access includes a rear alley. Parking is available both on site and along the street.

Key Highlights

  • 2,880‑square‑foot pre‑engineered steel building with open‑span interior
  • 20‑by‑40‑foot display area and 18‑by‑18‑foot office
  • 24‑by‑24‑foot heated shop and storage area; 12‑by‑40‑foot cold storage room

Property Analytics

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Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Furniture & Home Goods (Bike/Boat/Book/etc) Store Storage Facility Carpet & Flooring Store Law Firm Barber Shop

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

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

199
Businesses Nearby
Balanced
Demand for This Use

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
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Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025

Frequently Asked Questions

What type of property is this?
Flex space - Open-span construction accommodates display, office, heated shop, cold storage, and additional upper-level storage.
Where is this flex space located?
The property is located at 135 S 5TH ST Park Falls, WI.
What is the asking price?
The asking price for this property is $109,900.
What are key features of this property?
This property features: 2,880‑square‑foot pre‑engineered steel building with open‑span interior; 20‑by‑40‑foot display area and 18‑by‑18‑foot office; 24‑by‑24‑foot heated shop and storage area; 12‑by‑40‑foot cold storage room
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