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Two-Space Storefront Property
New
For Sale
$535,000

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

Two separate commercial areas offer flexibility for occupancy, leasing, or potential combination.

Property Size5,597 SF
Price / SF$95.59
Days on Market7

Property Features for 223-225 S Knowles Avenue

General Information

Standard status Active
Size 5,597 SF
Total Parking Spaces 5
Property subtype Commercial
Zoning Business/Commercial

Site & Location

Traffic Count 12,900 vehicles/day
Highway Access Yes
Road Access Yes
Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $5,704

Building Details

Building Size 5,597 SF
Year Built 1900
Buildings 1
Units 1
Listing Agency: EXP Realty, LLC
Listed By: Roxanne Ross
Source: Getyoumoved
Added: Oct 19 Changed: Oct 23 Last Checked: Oct 23 at 2:24PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of EXP Realty, LLC

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Investment Insights

Based on property information with market context.

At 223-225 S Knowles Avenue, this storefront property contains two distinct commercial spaces totaling approximately 5,597 square feet, plus a full unfinished basement. One side has a showroom and reception area with a fireplace, along with five private offices. Interior improvements include plumbing, electrical work, framing, flooring, offices, and venting. Separate electric and gas meters serve the building; water is shared. The property also has approximately five rear parking spaces and was built in 1900.

The building fronts S Knowles Avenue, also identified as Hwy 65, through downtown New Richmond. WisDOT May 2025 traffic data reports approximately 10,500–12,900 vehicles per day along the corridor. Business/Commercial zoning is listed, and potential uses cited include office, retail, showroom, and service; permitted uses should be verified. The building and land are included.

Key Highlights

  • Two distinct commercial spaces totaling approximately 5,597 sf, plus a full unfinished basement
  • One side includes a showroom/reception area, fireplace, and 5 private offices
  • WisDOT May 2025 traffic data: approx. 10,500–12,900 vehicles/day along S Knowles Ave/Hwy 65

Property Analytics

Current Use

Storefront properties

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

12,900 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

479
Businesses Nearby
35k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 68% Shops & Services 30% Electronics 2%
McDonald's Dining
20,062 visits/mo 0.3 miles
BP Shops & Services
3,566 visits/mo 0.3 miles
SUBWAY Dining
3,515 visits/mo 0.3 miles
O'Reilly Auto Parts Shops & Services
3,320 visits/mo 0.5 miles
Advance Auto Parts Shops & Services
2,014 visits/mo 0.0 miles

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 Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Storefront property - Two separate commercial areas offer flexibility for occupancy, leasing, or potential combination.
Where is this storefront 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 $535,000.
What are key features of this property?
This property features: Two distinct commercial spaces totaling approximately 5,597 sf, plus a full unfinished basement; One side includes a showroom/reception area, fireplace, and 5 private offices; WisDOT May 2025 traffic data: approx. 10,500–12,900 vehicles/day along S Knowles Ave/Hwy 65
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