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1107 3RD AVE

Park Falls, WI 54552
  • $299,000
  • STATUS: Active
  • ON SITE: 6 Days
  • MLS #: 214930
New On Site 6 Days Ago
UPDATED: 132 min ago
$299,000
  • 0
    BEDS
  • 1.05
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,538
    SQFT
  • $46
    $/SQFT
Type:
Commercial
County:
Area:

School Ratings & Info

Description

Prime Park Falls Investment Opportunity Well-established multifamily property in the heart of downtown Park Falls. This fully occupied four-unit offering features stable, long-term tenants and excellent proximity to local retailers, restaurants, and services. Unit mix includes one 2-bed/2-bath, two 2-bed/1-bath, and one 1-bed/1-bath. Property highlights include an on-site laundry area, indoor parking available for tenants at an additional monthly fee, and ample exterior parking. Included are three parcels one being a 0.3-acre buildable vacant lot to the south, offering extraordinary potential for future expansion, storage buildings, garages, or additional rental units. Excellent cash-flow asset with development upside in a growing community.

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© 2025 Northwoods Association of REALTORS® & Greater Northwoods MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Dream North Real Estate, eXp Realty, LLC. Data last updated: 2025-11-10T00:07:19.993.
www.dreamnorthre.com/homes/169517708
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1107 3RD AVE Park Falls, WI 54552

  • Price: $299,000
  • Status: Active
  • On Site: 6 Days
  • Updated: 132 min ago
  • MLS #: 214930
0
Beds
0
Baths
0
½ Baths
1.05
Acres
6,538
SQFT
$46
$/SQFT
County:
Price
Area:
Park Falls
Property Description
Prime Park Falls Investment Opportunity Well-established multifamily property in the heart of downtown Park Falls. This fully occupied four-unit offering features stable, long-term tenants and excellent proximity to local retailers, restaurants, and services. Unit mix includes one 2-bed/2-bath, two 2-bed/1-bath, and one 1-bed/1-bath. Property highlights include an on-site laundry area, indoor parking available for tenants at an additional monthly fee, and ample exterior parking. Included are three parcels one being a 0.3-acre buildable vacant lot to the south, offering extraordinary potential for future expansion, storage buildings, garages, or additional rental units. Excellent cash-flow asset with development upside in a growing community.
Exterior Features

Construction Materials Vinyl Siding Wood Siding Garage YN Yes Parking Features Garage Paved Private Driveway Shared Driveway Roof Composition Shingle

Interior Features

Flooring Mixed Heating Electric Natural Gas Heating YN Yes Interior Features Storage

Property Features

Inclusions Real Estate Only Lot Features Level Ownership Type Fee Simple Property Sub Type Multi Family Property Sub Type Additional Multi Family Public Survey Range 01 W Public Survey Section 26 Public Survey Township 40 Road Frontage Type City Street Sewer Public Sewer Tax Annual Amount 5325 Tax Year 2024 Township PR Park Falls City Utilities High Speed Internet Connected Phone Available Water Source Public Waterfront YN No

Listing information © 2025 Northwoods Association of REALTORS® & Greater Northwoods MLS.
Listing provided courtesy of Stephanie Wotachek of REDMAN REALTY GROUP, LLC: (715)358-0450.



© 2025 Northwoods Association of REALTORS® & Greater Northwoods MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Dream North Real Estate, eXp Realty, LLC. Data last updated: 2025-11-10T00:07:19.993.
 
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Dream North Real Estate, eXp Realty, LLC
7750 US Hwy 51, Suite C
Minocqua WI, 54548