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New Richmond, WI Restaurants for Sale

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Star Prairie, WI Somerset, WI Hammond, WI

Versatile Commercial Property in New Richmond

$1,195,000

4,700 SF

Versatile Commercial Property in New Richmond

1230 N Knowles Avenue, New Richmond, WI 54017

Commercial property with restaurant, office, and warehouse space for sale.

4,700 sq ft commercial building in a prime location with high visibility.
Two large pole sheds totaling 8,000 sq ft, offering substantial storage and work area.
Includes five walk‑in coolers and a huge freezer, ideal for food service or storage.
Features 3‑phase power, accommodating various business needs.
Currently rented office space provides additional income.

Updated: Aug 7, 2025

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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in New Richmond, WI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

$1,300,000

5,000 SF

Turnkey Restaurant in Downtown Hudson

Fully equipped restaurant space in a prime downtown location.

509-513 2nd St, Hudson, WI

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$695,000

1,601 SF

Turn Key Restaurant Opportunity

Turn key restaurant with furniture, fixtures, and equipment included.

131 Carmichael Rd, Hudson, WI

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$3,181,814

22,200 SF

Historic Retail Site in Stillwater

Charming, fully occupied retail property in vibrant downtown Stillwater.

317 S Main St, Stillwater, MN

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$12,000,000

92,079 SF

Stillwater Retail Center For Sale

Multi-tenant retail center with high traffic counts on Hwy 36.

1240-1570 W Frontage Rd, Stillwater, MN

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

$699,000

3.03 Acres

Prime Land in Forest Lake

3+ acres of commercial land with high traffic visibility.

Tbd Forest Boulevard N, Forest Lake, MN 55025

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$125,000

Prime Forest Lake Land Parcel

High-visibility land in Forest Lake, surrounded by retail and restaurants.

134 Lake Street North, Forest Lake, MN 55025

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$275,000

0.45 Acres

Undeveloped Lot in Business District

High-visibility commercial land in the heart of Forest Lake.

932 W Broadway Avenue, Forest Lake, MN 55025

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$1,000,000

11.71 Acres

Turtle Lake Commercial Land Available

11.71 acres of commercial land in Turtle Lake, Wisconsin.

Industrial Avenue, Turtle Lake, WI 54889

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New Richmond, WI Restaurants Investment Opportunities Market Analysis

Explore 1 restaurants for sale in New Richmond, WI on our real estate platform. These investment opportunities span a total of 4,700 square feet of properties for sale, with an estimated market value of $1,195,000.

Sale prices for restaurant properties in New Richmond, WI start at $1,195,000, averaging $1,195,000, and reaching up to $1,195,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Demographics Overview

Population 20K

Population Growth (5Y) +12.2%

Median Household Income $99,804

College Educated 43.6%

High-Yield Neighborhoods for Strategic Investment

Identify New Richmond submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

Neighborhood	Average Price
54017	$1.2M

Taxes & Financing

Tax Rate (average for all types) 1.49%

Tax Rate vs County Average 0.19 pp below county avg

Average Loan-to-Value 65.0%

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New Richmond, WI Restaurants for Sale

Versatile Commercial Property in New Richmond

Commercial property with restaurant, office, and warehouse space for sale.