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Restaurant Property with Storage Sheds
For Sale
$1,295,000

1230 N Knowles Avenue, New Richmond, WI 54017

Commercial Sale, New Richmond, WI

Property Size4,700 SF
Lot Size1.50 Acres
Days on Market427

Property Features for 1230 N Knowles Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Business/Commercial
Parking features Parking Lot
Accessibility Accessible Approach with Ramp
Appliances Exhaust Fan/Hood, Freezer, Indoor Grill
High school district New Richmond
Directions Knowles Ave to property.
Standard status Active
APN 261120670050
Lot size 1.50 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 17735

Utilities

Heating system Ductless (Heating), Forced Air
Cooling system Central Air, Ductless

Building Details

Year built 1979
Listing Agency: WESTconsin Realty LLC
Listed By: Pennie Peterson
Added: Aug 7, 2025 Changed: Oct 7 Last Checked: Oct 7 at 10:06PM
MLS# 6769625

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 1979 restaurant property includes 4,700 square feet of finished space, two bathrooms, and an office that is currently rented. Food-service equipment includes an exhaust hood, indoor grill, freezer, and five walk-in coolers. Heating is provided by ductless and forced-air systems, with central air and ductless cooling. An accessible approach with a ramp and a parking lot are also in place.

The 1.5-acre property includes two pole sheds measuring 47 by 40 feet and 60 by 102 feet, with a combined 8,000 square feet of storage and work space. One shed contains a large freezer, and the property has 3-phase power.

Key Highlights

  • 4,700 square feet of finished restaurant space with two bathrooms
  • Two pole sheds measure 47x40 and 60x102, totaling 8,000 square feet
  • Five walk‑in coolers and a freezer; one pole shed also has a freezer

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick HVAC Service Kitchen & Bath Showroom Real Estate Agency Electrical Service (Bike/Boat/Book/etc) Store Bakery

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

Location Intelligence

Trade Area within ½ mile

181
Businesses Nearby
Balanced
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Food-service equipment, substantial storage buildings, and a rented office support a range of commercial operations.
Where is this conventional restaurant located?
The property is located at 1230 N Knowles Avenue New Richmond, WI.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: 4,700 square feet of finished restaurant space with two bathrooms; Two pole sheds measure 47x40 and 60x102, totaling 8,000 square feet; Five walk‑in coolers and a freezer; one pole shed also has a freezer
More about this property
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