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Multi-Tenant Brick Office Building
For Sale
$329,900

255 S Knowles Avenue, New Richmond, WI 54017

Corner-lot office property with separate entrances, finished lower-level space, and three existing occupants.

Property Size4,564 SF
Price / SF$72.28
Days on Market21

Property Features for 255 S Knowles Avenue

General Information

Standard status Active
Size 4,564 SF
Property subtype Commercial
Zoning Business/Commercial

Taxes and HOA fees

Annual Taxes $3,275

Building Details

Building Size 4,564 SF
Year Built 1900
Buildings 1
Stories 2
Units 3
Construction brick
Tenancy Multi
Listing Agency: Compass Realty Group
Listed By: Garrett Gorres
Source: Ivyrealestategroup
Added: Jul 31 Changed: Aug 17 Last Checked: Aug 19 at 2:50PM

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 Compass Realty Group

Investment Insights

Based on property information with market context.

This solid brick office property contains 4,564 total square feet across multiple levels. The main floor provides 1,716 square feet, while the upper floor adds 1,132 square feet and the basement is fully finished. A private 15-by-15 office suite is included on the main level, along with two independent entry points that support flexible circulation and access.

The building is arranged for three current occupants, with two located on the main floor and another on the upper level. Its corner-lot position and Business/Commercial zoning contribute to a straightforward office configuration. Built in 1900, the property offers a multi-level layout suitable for continued office use with existing tenant occupancy in place.

Key Highlights

  • 4,564 total square feet across the main level, upper floor, and finished basement
  • 1,716 square feet on the main level and 1,132 square feet upstairs
  • Three tenants in place: two on the main level and one upstairs

Property Analytics

Current Use

Office buildings

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

Multi-tenant
Tenancy

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
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Frequently Asked Questions

What type of property is this?
Office building - Corner-lot office property with separate entrances, finished lower-level space, and three existing occupants.
Where is this office building located?
The property is located at 255 S Knowles Avenue New Richmond, WI.
What is the asking price?
The asking price for this property is $329,900.
What are key features of this property?
This property features: 4,564 total square feet across the main level, upper floor, and finished basement; 1,716 square feet on the main level and 1,132 square feet upstairs; Three tenants in place: two on the main level and one upstairs
More about this property
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