$575,000
MLS# 7134911
5597 sqft
1 / 4
Property Description
Prime downtown New Richmond commercial opportunity! 223-225 S Knowles Ave offers approx. 5,597 SF across 2 distinct commercial spaces, creating exceptional flexibility for an owner-user, investor or multi-tenant property. Occupy one & lease the other, lease both, or potentially combine for a larger operation. Seller reports approx. $180K in recent improvements, including extensive interior buildout, plumbing, electrical, new offices/venting, framing, flooring, fireplace & more. One side features an inviting showroom/reception area with fireplace plus 5 private offices, offering a polished, professional setting ready for your vision. Full basement provides additional space. Separate electric/gas meters, shared water & approx. 5 rear parking spaces. Excellent visibility in the heart of downtown New Richmond with possibilities for office, retail, showroom, service or investment use. Building & land included. Buyer/Buyer's agent to verify permitted uses & measurements.
Details
Contract Information
Owner is an Agent?: Yes
Auction?: No
Status: Active
Current Price: $575,000
Contingency: None
ListPrice: 575000
List Date: 2026-08-28
Office/Member Info
Association: WWRA
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 0
Waterfront YN: No
Year Built: 1900
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Lot Dimensions: 48x158x50x158
Foundation Size: 5280
Garage Stalls: 0
For Sale or Lease: For Sale
Assessment Pending: No
Location, Tax and Other Information
Legal Description: Lot 3 BLK 8 Fremont Add-N 48 Ft of
Listing City: New Richmond
Map Page: 999
Municipality: New Richmond
School District: New Richmond
School District Phone: 715-243-7411
Country: US
Property ID Number: 261104870000
Tax Year: 2025
Tax Amount: 5704.27
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No
Directions & Remarks
Public Remarks: Prime downtown New Richmond commercial opportunity! 223-225 S Knowles Ave offers approx. 5,597 SF across 2 distinct commercial spaces, creating exceptional flexibility for an owner-user, investor or multi-tenant property. Occupy one & lease the other, lease both, or potentially combine for a larger operation. Seller reports approx. $180K in recent improvements, including extensive interior buildout, plumbing, electrical, new offices/venting, framing, flooring, fireplace & more. One side features an inviting showroom/reception area with fireplace plus 5 private offices, offering a polished, professional setting ready for your vision. Full basement provides additional space. Separate electric/gas meters, shared water & approx. 5 rear parking spaces. Excellent visibility in the heart of downtown New Richmond with possibilities for office, retail, showroom, service or investment use. Building & land included. Buyer/Buyer's agent to verify permitted uses & measurements.
Directions: Hwy 65 North to 223 & 225 So. Knowles
Accessible
Other: 1
Air Conditioning
Central Air: 1
Amenities Shared
Security Building: 1
Assessments
Assessment Balance: 0
Tax With Assessments: 5704.27
Basement
Full: 1
Building Information
Building Finished SqFt: 5597
Building SqFt: 5597
Construction Status
Previously Owned: 1
Exterior
Brick/Stone: 1
Foundation
Concrete Block: 1
Fuel
Natural Gas: 1
Heating
Forced Air: 1
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Owner Pays
Electricity: 1
Insurance: 1
Taxes: 1
Ownership
Fractional Ownership: No
Road Frontage
City Street: 1
Roof
Age Over 8 Years: 1
Flat: 1
Rubber: 1
Sale Options
Sale Includes: Building, Fixture/Equipment
Sewer
City Sewer/Connected: 1
Stories
One: 1
Unit Details
Total Units: 1
Water
City Water/Connected: 1
Income and Expenses
Annual Gross Expenses: 0
Annual Gross Income: 0
Annual Net Income: 0
On Site Utilities
Electric Separate: 1
Heating Separate: 1
Hot Water Common: 1
CMU Style
Business Opportunity: 1
Industrial: 1
Industrial/Warehouse: 1
Office: 1
Warehouse: 1
Current Use
Vacant: 1
Loan Terms
Cash: 1
Conventional: 1
Potential Use
Office: 1
Professional: 1
Retail: 1
Location Tax and Other Information
Postal City: New Richmond
County: St. Croix
State: WI
Zip Code: 54017
Property Features
Accessible: Other
Air Conditioning: Central Air
Amenities Shared: Security Building
Basement: Full
CMU Style: Business Opportunity; Industrial; Industrial/Warehouse; Office; Warehouse
Construction Status: Previously Owned
Current Use: Vacant
Exterior: Brick/Stone
Foundation: Concrete Block
Fuel: Natural Gas
Heating: Forced Air
Loan Terms: Cash; Conventional
On Site Utilities: Electric Separate; Heating Separate; Hot Water Common
Owner Pays: Electricity; Insurance; Taxes
Potential Use: Office; Professional; Retail
Road Frontage: City Street
Roof: Age Over 8 Years; Flat; Rubber
Sewer: City Sewer/Connected
Stories: One
Water: City Water/Connected
Listing Office: EXP Realty, LLC
Last Updated: September - 02 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
