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Angie Rothmeier

angie@eliasonrealty.com +1(715) 965-0758

$ 349,900

Est. payment -/mo

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New

914 4TH AVE S Park Falls, WI 54552

10 Beds

8 Baths

3,526 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Active

Purchase Type For Sale

Square Footage 3,526 sqft

Price per Sqft $99

MLS Listing ID 218534

Bedrooms 10

Full Baths 8

HOA Y/N No

Annual Tax Amount $5,139

Tax Year 2025

Lot Size 1.018 Acres

Acres 1.0179982

Property Sub-Type Hotel/Motel

Property 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!

Location

State WI

County Price

Direction On State HWY 13 S, Property will be on the west side of Hwy 13

Interior

Heating Electric, Forced Air, Natural Gas, Wall Furnace

Cooling Central Air

Flooring Carpet, Mixed, Vinyl

Inclusions Real Estate Only, Fixtures, Furniture

Fireplace No

Exterior

Parking Features Paved, Private, Driveway

Water Access Desc Public

Roof Type Composition,Metal,Shingle

Road Frontage City Street, Highway

Building

Story 1

Sewer Public Sewer

Water Public

Others

Tax ID 271-103004000

Ownership None

Listed by NORTHWOODS REALTY

NEARBY SCHOOLS & PROPERTIES

Angie Rothmeier

Agent | License ID: 89688-94

+1(715) 965-0758

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