914 4Th Ave S, Park Falls, WI

Name: 914 4Th Ave S, For Sale in Park Falls - Zoocasa
Brand: NORTHWOODS REALTY
SKU: 218534
Price: 349900 USD

House

For Sale

Listed price in listed location currency (USD).

$349,900

1080

MLS® 218534

Overview

Key Facts

Type Multi Family

Levels Commercial Sale

Size -

Garage

Taxes $5,139

Days Active 1

Lot Size 44344 SF

Approx. Age

MLS® Number 218534

Property Address: 914 4th Ave S, Park Falls, WI, 54552-1917

Average square foot calculated using Size range provided by listing agent.

Description

Exceptional opportunity to own a multi-building commercial investment property with outstanding flexibility and upside potential. Situated in a prominent location with access from both State Hwy 13 & 5th Avenue, Hilltop Lodging offers a diverse mix of rental opportunities on one property, making it ideal for long-term rentals, short-term lodging, workforce housing, or future redevelopment. The property includes a well-maintained triplex, with all seller-owned furnishings included, featuring 2 upper studio apartments and 1 lower-level 1 BR, 1 BA apartment. The triplex has seen numerous updates over the years and features vinyl flooring, carpet, drywall, compact kitchenettes w/full-size refrigerators, & forced air heat (new in 2024) w/central air, providing comfortable living spaces for tenants. Also included is a 4-unit building, with all four units designed as studio-style accommodations with private baths. Three units are seller-furnished and feature kitchenette areas w/mini refrigerators, microwaves, countertops, & wall-mounted TVs. Unit #4 is ready for renovation, presenting an excellent opportunity to add value. Also located on the property are 5 detached cabin buildings, all being sold as-is, offering potential for restoration, redevelopment, storage, or other future uses as envisioned by the next owner. The property also includes a 3 BR, 1 BA home that requires extensive remodeling, providing yet another opportunity for renovation & additional income potential. A garage & storage shed offer added utility, while the property's elevated setting provides ample parking and excellent visibility along busy State Hwy 13. Whether you're looking to expand your investment portfolio, operate lodging accommodations, develop workforce housing, or reimagine the property for future uses, Hilltop Lodging presents a rare opportunity in the Northwoods with multiple income-producing buildings and exceptional potential to increase value over time. Call today for more information!

MLS® Number218534

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age

Basement

DrivewayPaved, Private, Driveway

Garage Spaces

HeatElectric, Forced Air, Natural Gas, Wall Furnace

A/CCentral Air

Extras

Real Estate Only, Fixtures, Furniture

Map

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