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Mixed-Use Property with Showroom
New
For Sale
$575,000

223-225 S Knowles Avenue, New Richmond, WI 54017

Commercial Sale, New Richmond, WI

Property Size5,597 SF
Price / SF$102.73
Days on Market2

Property Features for 223-225 S Knowles Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Business/Commercial
Rooms Basement
Parking features Driveway
Exterior features Brick/Stone
High school district New Richmond
Directions Hwy 65 North to 223 & 225 So. Knowles
Standard status Active
APN 261104870000

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 5704

Utilities

Heating system Forced Air
Cooling system Central Air

Building Details

Year built 1900
Roof type Flat, Rubber
Listing Agency: EXP Realty, LLC
Listed By: Roxanne Ross
Added: Aug 28 Last Checked: Aug 29 at 6:06PM
MLS# 7134911

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This mixed-use commercial property contains approximately 5,597 SF across two distinct spaces. One side includes a showroom and reception area with a fireplace, along with five private offices. Recent interior improvements include plumbing, electrical work, offices, venting, framing, flooring, and other buildout elements. A full basement adds functional supporting space.

Located at 223-225 S Knowles Avenue in downtown New Richmond, the property has visibility along the commercial corridor and includes approximately five rear parking spaces. Separate electric and gas meters serve the spaces, with shared water service. Building and land are included. Exterior construction is brick or stone, with forced-air heat, central air, and a flat rubber roof.

Key Highlights

  • Approximately 5,597 SF across 2 distinct commercial spaces
  • Showroom and reception area with fireplace plus 5 private offices
  • Full basement provides additional usable space

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Restaurant Real Estate Agency Big Box & Wholesale Store Building Supply HVAC Service Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Office units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

479
Businesses Nearby

Demographics for 54017, WI

19,816
Population
7,807
Households
2.5
Avg Household Size
38
Median Age
34%
College-Educated
94%
High-School Grad
139.3 sq mi
ZIP Area
142
Density / Sq Mi
$99,804
Median Household Income
$53,382
Median Earnings
$1,140
Median Rent
$301,900
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two commercial spaces include offices, a showroom reception area, and a full basement.
Where is this mixed-use property located?
The property is located at 223-225 S Knowles Avenue New Richmond, WI.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Approximately 5,597 SF across 2 distinct commercial spaces; Showroom and reception area with fireplace plus 5 private offices; Full basement provides additional usable space
More about this property
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