126 Knowles Ave New Richmond, WI 54017
This 3,265 sq ft, single-story building in New Richmond, WI, presents a unique investment opportunity. Located on Knowles Ave, in the heart of the Central Business District, this 1900-built property boasts a 2005 renovation. Features include a separate back entrance, ample parking (front and back, plus adjacent public lot), landscaping, a small kitchen, and restrooms. The interior offers large open areas with 9-14 ft ceilings, abundant natural light from large windows, and solid oak trim and cabinetry. Three offices and large conference rooms provide versatile space. The permitted zoning is Commercial Business, allowing for diverse uses such as office suites, restaurants, retail shops, event centers, or breweries/distilleries. The building is well-maintained and offers significant potential. An adjoining building is also available for purchase. This owner/user property is priced at $350,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.