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Laundromat Business with Equipment
For Sale
$350,000

363 N Knowles Avenue, New Richmond, WI 54017

Commercial Sale, New Richmond, WI

Property SizeContact for details
Lot Size0.56 Acres
Days on Market146

Property Features for 363 N Knowles Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Business/Commercial
Parking features Parking Lot
Subdivision New Richmond
High school district New Richmond
Directions 363 N Knowles Ave New Richmond, WI right next to the RR tracks
Standard status Active
APN 261108390000
Lot size 0.56 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 8135

Utilities

Heating system Forced Air

Building Details

Year built 1970
Listing Agency: Realty ONE Group SIMPLIFIED
Listed By: Amy J. Mccune
Added: May 22 Changed: Oct 1 Last Checked: Oct 14 at 10:06AM
MLS# 7064776

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 sale covers the operating laundromat business, not the building, which is leased. The customer area includes folding stations and seating, with office space and vending and service areas. Commercial washers and dryers are included, with approximately 5-7 years of equipment warranty coverage remaining. The sale also includes an ATM and 2 game machines.

The business is located at 363 N Knowles Avenue in New Richmond, Wisconsin.

Key Highlights

  • Sale is for the laundromat operation; the building is leased
  • Commercial washers and dryers have approximately 5‑7 years of warranty coverage remaining
  • Includes folding stations, seating areas, office space, and vending and service areas

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency HVAC Service Parking Lot & Garage (Bike/Boat/Book/etc) Store Bakery 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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

501
Businesses Nearby
68k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 64% Dining 35% Electronics 1%
Kwik Trip Shops & Services
32,020 visits/mo 0.4 miles
McDonald's Dining
20,062 visits/mo 0.2 miles
BP Shops & Services
3,566 visits/mo 0.2 miles
SUBWAY Dining
3,515 visits/mo 0.2 miles
O'Reilly Auto Parts Shops & Services
3,320 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - An operating laundry business includes customer areas, vending and service amenities, and equipment covered by remaining warranties.
Where is this retail space located?
The property is located at 363 N Knowles Avenue New Richmond, WI.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Sale is for the laundromat operation; the building is leased; Commercial washers and dryers have approximately 5‑7 years of warranty coverage remaining; Includes folding stations, seating areas, office space, and vending and service areas
More about this property
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