Two-Space Downtown Storefront
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 Market32
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 through downtown New Richmond, which is known as Knowles Ave; 223 & 225 S Knowles Ave
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
Rubber, Flat
Listing Agency:
EXP Realty, LLC
(866) 848-6990
Listed By:
Roxanne Ross
(612) 751-9303
Added: Aug 28
Changed: Sep 24
Last Checked: Sep 28 at 1:06AM
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.
The property at 223-225 S Knowles Avenue contains approximately 5,597 square feet across two distinct commercial spaces, along with a full unfinished basement. One space includes a showroom and reception area with a fireplace, five private offices, and additional improvements involving plumbing, electrical, venting, framing, and flooring. Separate electric and gas meters serve the spaces, while water is shared. The building also includes central air, forced-air heat, a rubber flat roof, brick or stone exterior, and a driveway with approximately five rear parking spaces.
Positioned along S Knowles Avenue/Hwy 65, the property benefits from exposure to a corridor carrying approximately 10,500-12,900 vehicles per day according to WisDOT May 2025 traffic data. Building and land are included. Potential configurations include occupying one commercial space while leasing the other, leasing both, or evaluating whether the spaces can be combined. Permitted uses and measurements should be verified by the buyer or buyer’s agent.
Positioned along S Knowles Avenue/Hwy 65, the property benefits from exposure to a corridor carrying approximately 10,500-12,900 vehicles per day according to WisDOT May 2025 traffic data. Building and land are included. Potential configurations include occupying one commercial space while leasing the other, leasing both, or evaluating whether the spaces can be combined. Permitted uses and measurements should be verified by the buyer or buyer’s agent.
Key Highlights
- Approximately 5,597 sf plus full unfinished basement
- Two distinct commercial spaces with separate electric and gas meters
- Showroom/reception area with fireplace and 5 private offices
Property Analytics
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Current Use
Lease Details
12,900 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
479
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Storefront property - Commercial building with flexible occupancy options, dedicated offices, showroom presence, and rear parking near the downtown thoroughfare.
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 $575,000.
What are key features of this property?
This property features: Approximately 5,597 sf plus full unfinished basement; Two distinct commercial spaces with separate electric and gas meters; Showroom/reception area with fireplace and 5 private offices
