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Mixed-Use Building with Storefront
For Sale
$109,900

149 2ND AVE, Park Falls, WI 54552

CommercialSale, Park Falls, WI

Property SizeContact for details
Lot Size0.14 Acres
Days on Market189

Property Features for 149 2ND AVE

General Information

Property type Commercial Sale
Property subtype Other
Bedrooms 4
Bathrooms 1
Full bathrooms 1
Rooms Bedroom 4, Bedroom 3, Bathroom 1, Bedroom 2, Bedroom 1
Parking features On Street
Directions Park Falls to East Hwy 182, North onto 2nd Ave. West side of street
Standard status Active
APN 271-101108000
Lot size 0.14 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description PARK FALLS LUMBER CO. PLAT LOT 4 BLOCK 13
Tax Annual Amount 3968
Legal Description PARK FALLS LUMBER CO. PLAT LOT 4 BLOCK 13

Utilities

Sewer type Public Sewer
Heating system Hot Water(Heating), Natural Gas
Water source Well

Building Details

Floors in Building 2
Number of units 1
Building materials Frame, Concrete, VinylSiding
Roof type Tar/Gravel
Listing Agency: NORTHWOODS REALTY
Listed By: MICHAEL KELLER · License #73429-94
Added: Apr 1 Changed: Sep 23 Last Checked: Oct 6 at 7:06AM
MLS# 216271

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.

Investment Insights

Based on property information with market context.

This mixed-use property pairs a commercial storefront on the main level with residential space above. The ground-floor area is suited to retail, office, or service operations, while the upper level includes a 4-bedroom, 1-bath apartment with a full kitchen, living room, dining area, and in-unit laundry.

The property is located in downtown Park Falls at 149 2ND AVE. Construction includes frame, concrete, and vinyl siding, with natural gas hot-water heating and a tar/gravel roof. On-street parking, well water, and public sewer serve the property.

Key Highlights

  • Main‑level storefront space for retail, office, or service use
  • Upper‑level 4‑bedroom, 1‑bath apartment
  • Apartment includes full kitchen, living room, dining area, and in‑unit laundry

Property Analytics

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Current Use

Cowgirl Daisy Boutique Clothing & Fashion Store Feit's Ice Cream ... Restaurant Park Falls Variety ... (Bike/Boat/Book/etc) Store

Suggested Use

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

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

1
Residential units

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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two-level property combines commercial space with a four-bedroom apartment and in-unit laundry.
Where is this mixed-use property located?
The property is located at 149 2ND AVE 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: Main‑level storefront space for retail, office, or service use; Upper‑level 4‑bedroom, 1‑bath apartment; Apartment includes full kitchen, living room, dining area, and in‑unit laundry
More about this property
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