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1181 4th Ave N 5,260 SF 100% Leased Office Building Park Falls, WI 54552 $299,000 ($56.84/SF)
INVESTMENT HIGHLIGHTS
- Prime Hwy 13 frontage with over 5,000 sq.ft.
- 2-car attached garage, separate 2BR/1BA apartment, and 12x24 shed.
- Versatile property suits a business center, multi-family or retail space.
EXECUTIVE SUMMARY
Prime Hwy 13 frontage & over 5,000 square feet of space= unlock endless possibilities! This versatile property suits a business center, multi-family, or retail space. The main floor boasts 5+ large offices, a full kitchen, living/dining room, and 2.5 baths. Downstairs find a fitness room, secure storage, bath, and utility/storage areas. A separate 1,200 sq ft, 2-bed/1-bath apartment adds incredible value. Enjoy a 2-car attached garage, 12'x24' shed, and ample parking on a 1-acre lot. Modern upgrades include 2022 outlets/alarms/fixtures, high-speed internet, and wireless hubs throughout. City water & sewer, plus a new 2022 sewer line ensure peace of mind. Unleash your entrepreneurial spirit here!
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
5,260 SF
Building Class
C
Year Built/Renovated
1970/2022
Price
$299,000
Price Per SF
$56.84
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,630 SF
Building FAR
0.12
Lot Size
1.00 AC
Opportunity Zone
Yes
Zoning
R2 - Multi Family/1 & 2 Family residential, Buyer to Verify
AMENITIES
- Storage Space
- Fiber Optic Internet
PROPERTY TAXES
| Parcel Number | 271-111610020 | Improvements Assessment | $174,500 |
| Land Assessment | $19,400 | Total Assessment | $193,900 |
PROPERTY TAXES
Parcel Number
271-111610020
Land Assessment
$19,400
Improvements Assessment
$174,500
Total Assessment
$193,900
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1181 4th Ave N
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