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    New Richmond, WI
    Conventional Restaurant

    New Richmond, WI Conventional Restaurants for Sale

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    Star Prairie, WI Somerset, WI Farmington, WI Baldwin, WI Roberts, WI Osceola, WI Hudson, WI Glenwood City, WI
    Former Restaurant and Bar Site
    Updated: May 20
    Former Restaurant and Bar Site

    2391 65th Street, New Richmond, WI 54017

    $525,000
    3,200 sqft 2.00 AC lot
    Former restaurant and bar site known over the years as Potting's, Doboy's, and Grandpa Hank's
    Approximately 2‑acre commercial property in the Town of Somerset with a New Richmond mailing address
    Located on WI 35 Hwy with visibility for a restaurant, bar and grill, or other hospitality concept (subject to approvals)
    Potential for leasing or purchase to revive or reposition a recognizable local commercial property
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    Iconic Supper Club Opportunity
    Updated: Nov 4, 2024
    Iconic Supper Club Opportunity

    1905 Wi-64, New Richmond, WI 54017

    $1,450,000
    2.00 AC lot
    Established supper club with a long‑standing reputation and loyal customer base.
    High capacity: Main floor seats 120+ and lower level seats 130+.
    Includes a full bar and two restrooms on each level.
    Recent upgrades: New roof in 2023, new furnace and central air.
    Turnkey business opportunity to own a well‑known Wisconsin supper club.
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in New Richmond, WI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Renovated Restaurant with Open Kitchen
    Renovated Restaurant with Open Kitchen

    102-8300 Tamarack Vlg, Woodbury, MN 55125

    $350,000
    3,144 sqft

    Restaurant build-out includes customer parking and access to I-94.

    View details
    Equipped Pizza Restaurant
    Equipped Pizza Restaurant

    225 US Highway 8, Turtle Lake, WI 54889

    $495,000
    1,738 sqft 0.29 AC lot

    Established restaurant with commercial kitchen infrastructure, dining space, refrigeration, storage, and on-site management office.

    View details
    Restaurant with Outdoor Patio
    Restaurant with Outdoor Patio

    1424 Weir Drive, Woodbury, MN 55125

    Contact for pricing

    Bonfire Restaurant for sale near 494 and Valley Creek Road, with an outdoor patio and ample parking.

    View details
    Historic Hotel Bar & Grill
    Historic Hotel Bar & Grill

    112 Railway Ave, Turtle Lake, WI 54889

    Contact for pricing

    Historic bar and grill offering fish fries, tacos, and hamburgers, located on the former railroad corridor now used as a trail.

    View details

    New Richmond, WI Conventional Restaurants Market Trends and Statistics

    Explore 2 conventional restaurants for sale in New Richmond, WI on our real estate platform. These investment opportunities span a total of 3,200 square feet of properties for sale, with an estimated market value of $1,975,000.

    Sale prices for conventional restaurants in New Richmond, WI start at $525,000, averaging $987,500, and reaching up to $1,450,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Bars & Pubs 2
    Conventional restaurants 2

    Demographics Overview

    Population 20K
    Population Growth (5Y) +12.2%
    Median Household Income $99,804
    College Educated 43.6%

    High-Yield Neighborhoods for Investment

    Identify New Richmond submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    54017 $987.5K

    Taxes & Financing

    Tax Rate (average for all types) 1.49%
    Tax Rate vs County Average 0.19 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in St. Croix County

    New Delisted

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