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Downtown Main Street Commercial Building
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251 S KNOWLES AVE, New Richmond, WI 54017

Historic downtown commercial building with flexible open layout, a full basement, and handicap accessibility.

Property Size1,782 SF
Price / SF$131.87
Days on Market64

Property Features for 251 S KNOWLES AVE

General Information

Standard status Active
Size 1,782 SF
Property subtype Retail, Office
Zoning BUSINESS COMMERCIAL

Additional Details

Road Access Yes

Amenities

spacious full basement
full handicap accessibility

Building Details

Year Built 1905
Buildings 1
Units 1
Listing Agency: Applegate Inc
Listed By: TJ Wilson · License #WI 51122-90
Source: Crexi
Added: Jul 6 Changed: Aug 26 Last Checked: Sep 1 at 7:36AM

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 Applegate Inc

Investment Insights

Based on property information with market context.

This downtown commercial building at 251 S Knowles Ave offers a flexible, open interior layout designed to accommodate a range of business uses. The property also includes a spacious full basement for additional storage or expansion needs, along with full handicap accessibility.

The building is positioned directly along Main Street in downtown New Richmond, Wisconsin, providing visibility in a heavily trafficked commercial setting.

Information is deemed accurate but not guaranteed; prospective buyers should verify all details during their due diligence.

Key Highlights

  • Historic downtown commercial building built in 1905 on Main Street in New Richmond, WI
  • Flexible interior with an open layout that can adapt to many business types
  • Spacious full basement for inventory storage, seasonal overflow, or future expansion

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Restaurant Real Estate Agency Big Box & Wholesale Store Building Supply Auto Repair Shop HVAC Service

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

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

479
Businesses Nearby
Under-served
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

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Historic downtown commercial building with flexible open layout, a full basement, and handicap accessibility.
Where is this storefront property located?
The property is located at 251 S KNOWLES AVE New Richmond, WI.
What is the asking price?
The asking price for this property is $235,000.
What are key features of this property?
This property features: Historic downtown commercial building built in 1905 on Main Street in New Richmond, WI; Flexible interior with an open layout that can adapt to many business types; Spacious full basement for inventory storage, seasonal overflow, or future expansion
(651) 230-0762 Call to check price and availability
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