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Park Falls Commercial/Industrial Property
For Sale
Under Contract
$174,900

548 550 1ST AVE N, Park Falls, WI 54552

COMMERCIAL - Park Falls, WI

Property Size16,500 SF
Lot Size1.66 Acres
Price / SF$10.60
Days on Market153

Property Features for 548 550 1ST AVE N

General Information

Property type Commercial Sale
Property subtype Other
Parking features Driveway
Directions In Park Falls, Hwy. 13 to 5th St. Turn left onto 1st Ave North to left turn onto the road leading to property.
Standard status Active Under Contract
APN 24393, 24394, 23377
Size 16,500 SF
Lot size 1.66 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Part of Govt Lot 5, Part of Outlot 2 & Prcl desc in 364808 & Park Falls Lumber Co Plat S 1/2 Lot 6, All of Lot 7 Block A & Part of Vacated Alley desc in 364808. 13-40N-1W.
Tax Annual Amount 4994
Legal Description Part of Govt Lot 5, Part of Outlot 2 & Prcl desc in 364808 & Park Falls Lumber Co Plat S 1/2 Lot 6, All of Lot 7 Block A & Part of Vacated Alley desc in 364808. 13-40N-1W.

Building Details

Year built 1975
Flooring type Concrete
Building materials MetalSiding, Steel
Roof type Metal
Additional Structures Outbuilding
Listing Agency: BIRCHLAND REALTY, INC - PARK FALLS
Listed By: DEBRA WEINBERGER · License #2377090
Added: Mar 6 Changed: Aug 4 Last Checked: Aug 6 at 10:06AM
MLS# 216001

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 commercial/industrial property is located off 1st Avenue in Park Falls, Wisconsin. The main building, formerly known as the MacGregor Litho building, features a steel frame, metal siding and roof, and insulation. It measures 100x165 feet and includes a concrete floor and a 14x16 overhead door on the front. The building is equipped with 240-volt 3 phase 600 amp electric and overhead lights. City water and sewer are available but not currently connected. An additional collapsed structure on the property requires removal. The property consists of 3 parcels totaling approximately 1.6 acres, according to tax records.

Key Highlights

  • Large, insulated steel‑frame building (100x165') with metal siding and roof.
  • High‑power electrical system: 240‑volt 3‑phase 600 amp service.
  • Convenient access with a 14x16' overhead door.

Property Analytics

Current Use

Industrial properties

Suggested Use

Top Pick Real Estate Agency Auto Parts Store Law Firm Hair Salon Building Supply Furniture & Home Goods

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
Drive-in doors
Yes
Heavy power
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

36
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 Industrial in Midwest region

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

What type of property is this?
Industrial property - Commercial/Industrial property in Park Falls, Wisconsin, with steel-framed building.
Where is this industrial property located?
The property is located at 548 550 1ST AVE N Park Falls, WI.
What is the asking price?
The asking price for this property is $174,900.
What are key features of this property?
This property features: Large, insulated steel‑frame building (100x165') with metal siding and roof.; High‑power electrical system: 240‑volt 3‑phase 600 amp service.; Convenient access with a 14x16' overhead door.
More about this property
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