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Active
$575,000
/mo Edit
Commercial:  1 Story
Built 1900
New Richmond schools
MLS# 7134911
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    Property Description

    Prime downtown New Richmond commercial opportunity with outstanding visibility along S Knowles Ave/Hwy 65, the main thoroughfare through downtown. WisDOT May 2025 traffic data reports approx. 10, 500–12, 900 vehicles/day along this corridor. 223-225 S Knowles offers approx. 5, 597 SF across 2 distinct commercial spaces—occupy one & lease the other, lease both, or potentially combine. Seller reports approx. $180K in improvements since 2025, including extensive interior buildout, plumbing, electrical, offices/venting, framing, flooring, fireplace & more. One side features an inviting showroom/reception area with fireplace plus 5 private offices. Full basement, separate electric/gas meters, shared water & approx. 5 rear parking spaces. Ideal for office, retail, showroom, service, or investment use. Building & land included. Buyer/Buyer's Agent to verify permitted uses & measurements.

    Listing

    Contingency: None
    City: New Richmond
    County: St. Croix
    State: WI
    Property Style: 1 Story
    Zip Code: 54017

    Interior

    Basement Details: Full

    Exterior

    Stories: One
    Garage Spaces: 0
    Air Conditioning: Central Air
    Foundation Size: 5,280 ft2
    Handicap Accessible: Other
    Heating System: Forced Air
    Parking Features: Asphalt
    Shared Amenities: Security Building
    Road Frontage: City Street
    Roof Details:
    • Age Over 8 Years
    • Flat
    • Rubber

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0
    Geolocation: 45.1210966363, -92.5378882899
    Inclusions: Building, Fixture/Equipment
    Lot Dimensions: 48 x 158 x 50 x 158
    Zoning: Business/Commercial

    Schools

    School District: 3962
    District Phone: 7152437411

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $5,704
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $5,704

    Income

    Annual Gross Income: None

    Rent

    Annual Net Income: None

    Units

    Total Units: 1

    Miscellaneous

    Current Use: Vacant
    Fuel System: Natural Gas
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Separate
    • Heating Separate
    • Hot Water Common
    Water System: City Water/Connected

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    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of EXP Realty, LLC.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.