Multi-Building Hotel
For Sale
$349,900
914 4TH AVE S, Park Falls, WI 54552
COMMERCIAL - Park Falls, WI
Property SizeContact for details
Lot Size1.02 Acres
Days on Market34
Property Features for 914 4TH AVE S
General Information
Property type
Commercial Sale
Property subtype
Other
Bedrooms
10
Bathrooms
8
Full bathrooms
8
Rooms
Bedroom 2, Bedroom 7, Bathroom 2, Bathroom 8, Bedroom 4, Bedroom 3, Bedroom 10, Bathroom 1, Bedroom 5, Bedroom 8, Bathroom 7, Bedroom 9, Bathroom 3, Bathroom 6, Bedroom 6, Bathroom 4, Bathroom 5, Bedroom 1
Parking features
Driveway
Directions
On State HWY 13 S, Property will be on the west side of Hwy 13
Standard status
Active
APN
271-103004000
Lot size
1.02 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
SOUTH TOWN ADDITION TO PARK FALLS LOT 6 BLOCK D EXCPT PCL 29 TPP METAL CABINET #98
Tax Annual Amount
5139
Legal Description
SOUTH TOWN ADDITION TO PARK FALLS LOT 6 BLOCK D EXCPT PCL 29 TPP METAL CABINET #98
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Natural Gas, Forced Air
Cooling system
Central Air
Water source
Public
Building Details
Floors in Building
1
Number of units
8
Flooring type
Mixed, Carpet, Vinyl
Building materials
VinylSiding
Roof type
Metal, Composition, Shingle
Listing Agency:
NORTHWOODS REALTY
(715) 339-4663
Listed By:
CALA NEU · License #58726 - 90
(715) 820-0636
Added: Jul 17
Changed: Aug 13
Last Checked: Aug 19 at 4:06PM
MLS# 218534
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 hotel property spans 1.018 acres and includes several distinct buildings with varied lodging and residential configurations. The triplex contains two upper studio apartments and a lower-level one-bedroom, one-bath apartment, with seller-owned furnishings, compact kitchenettes, full-size refrigerators, vinyl and carpet flooring, and forced-air heat with central air. The heating system was replaced in 2024.
A separate four-unit building offers studio-style accommodations with private baths. Three units are furnished and include kitchenette areas with mini refrigerators, microwaves, countertops, and wall-mounted TVs; the fourth unit is ready for renovation. Five detached cabins are included in as-is condition, along with a three-bedroom, one-bath home requiring extensive remodeling. A garage and storage shed provide additional on-site utility.
The property has public water and public sewer, natural gas and electric heating, central air, driveway parking, and access from State Hwy 13. Seller-owned furnishings are included in the triplex and three furnished units.
A separate four-unit building offers studio-style accommodations with private baths. Three units are furnished and include kitchenette areas with mini refrigerators, microwaves, countertops, and wall-mounted TVs; the fourth unit is ready for renovation. Five detached cabins are included in as-is condition, along with a three-bedroom, one-bath home requiring extensive remodeling. A garage and storage shed provide additional on-site utility.
The property has public water and public sewer, natural gas and electric heating, central air, driveway parking, and access from State Hwy 13. Seller-owned furnishings are included in the triplex and three furnished units.
Key Highlights
- 1.018‑acre hotel property with multiple lodging and residential buildings
- Triplex includes 2 studio apartments and 1 one‑bedroom, one‑bath apartment
- Four‑unit building with studio accommodations and private baths
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 studio accommodations, a triplex, cabins, and additional residential improvements.
Where is this hotel located?
The property is located at 914 4TH AVE S 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: 1.018‑acre hotel property with multiple lodging and residential buildings; Triplex includes 2 studio apartments and 1 one‑bedroom, one‑bath apartment; Four‑unit building with studio accommodations and private baths
