Multi-Building Hotel
For Sale
$349,900
914 4TH AVE, Park Falls, WI 54552
Lodging property with furnished studios, apartments, cabins, and renovation potential across multiple buildings.
Property Size3,526 SF
Price / SF$99.23
Days on Market43
Property Features for 914 4TH AVE
General Information
Standard status
Active
Size
3,526 SF
Property subtype
Commercial
Property Condition
Severity
Major Repairs Needed
Evidence
requires extensive remodeling
Site & Location
Highway Access
Yes
Road Access
Yes
Units
Unit Mix
6 x studio, 1 x 1BR/1BA, 1 x 3BR/1BA
Multifamily Units
8
Building Details
Buildings
10
Listing Agency:
NORTHWOODS REALTY
(715) 820-0636
Listed By:
Cala Neu · License #42987
Source:
Dreamnorthre
Added: Jul 19
Changed: Aug 29
Last Checked: Aug 29 at 11:54PM
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 hospitality property combines several lodging formats on one site. The triplex contains two upper-level studio apartments and a lower-level one-bedroom, one-bath apartment, with seller-owned furnishings included. Interior features include vinyl flooring, carpet, compact kitchenettes with full-size refrigerators, and forced-air heat with central air; the heating system was installed in 2024. A separate four-unit building provides studio-style accommodations with private baths. Three units are furnished and include kitchenette areas, mini refrigerators, microwaves, countertops, and wall-mounted TVs, while the fourth unit is ready for renovation.
Five detached cabins are included in their current as-is condition, along with a three-bedroom, one-bath home requiring extensive remodeling. A garage and storage shed add support space. The property has access from State Hwy 13 and 5th Avenue, with on-site parking and visibility along State Hwy 13. The varied improvements support existing lodging operations as well as renovation, workforce housing, storage, or redevelopment plans described for the property.
Five detached cabins are included in their current as-is condition, along with a three-bedroom, one-bath home requiring extensive remodeling. A garage and storage shed add support space. The property has access from State Hwy 13 and 5th Avenue, with on-site parking and visibility along State Hwy 13. The varied improvements support existing lodging operations as well as renovation, workforce housing, storage, or redevelopment plans described for the property.
Key Highlights
- Triplex with 2 studio apartments and 1 lower‑level 1 BR, 1 BA apartment
- Separate 4‑unit building with studio‑style units and private baths
- Forced‑air heat with central air; heating system new in 2024
Property Analytics
Property Profile
Current Use
Lease Details
8
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
226
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Hotel - Lodging property with furnished studios, apartments, cabins, and renovation potential across multiple buildings.
Where is this hotel located?
The property is located at 914 4TH AVE Park Falls, WI.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: Triplex with 2 studio apartments and 1 lower‑level 1 BR, 1 BA apartment; Separate 4‑unit building with studio‑style units and private baths; Forced‑air heat with central air; heating system new in 2024
