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New Richmond, WI 54017

$225,000

Welcome! Let's take a look inside 122 South Knowles Ave in the heart of downtown New Richmond.

Picture windows bring in an abundance of natural light.

Hallway reaching front to back of building.

Natural lighting shining through windows in office

There are four offices/rooms in this building.

Second Office with solid oak double doors.

You will find Oak trim throughout building.

Double glass doors to enter from the back of the building.

View of the patio in the back of the building adjacent to a parking lot.

Property Type: Commercial Square Footage: 2,320 Lot Size (sq. ft.): 3,920 Status: Closed

Current Price: $225,000 List Date: 10/02/2024 Last Modified: 7/18/2026

Overview

Description

This building has unlimited potential! Unique business property is at the heart of Main Street, Knowles Ave, New Richmond. Don’t miss out on this exceptional opportunity to make this Commercial building into the business you have always dreamed of owning, whether a rental, Office Suite, Restaurant, Bar, Event Center, Brewery, Distillery, Retail Shop, etc. Well-maintained building has a separate back entrance, mechanical, restroom, small kitchen, parking front and back of the building w/ adjacent public parking lot, landscaping & patio. The building features large open areas, 9–14 ft Ceilings, large picture and daylight windows, solid oak trim, cabinets, shelves, doors, three offices, and large conference rooms. Natural light is abundant throughout the building, with windows in some interior offices—and ample storage.

Listing Details MLS# 6611244

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 2
Owner Occupied: No
Waterfront YN: No
Year Built: 1900
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Foundation Size: 1920
Power Company: Xcel Energy
For Sale or Lease: For Sale
Acres: 0.09
Lot Dimensions: 1x1
Assessment Pending: No
Garage Stalls: 0

Property Features

Accessible: Doors 36"+; Grab Bars In Bathroom; Hallways 42"+ Air Conditioning: Central Air Amenities Shared: Concrete Floors & Walls Amenities Unit: Ceiling Fan(s); Ethernet Wired; Tile Floors; Vaulted Ceiling(s) Appliances: Microwave Assumable Loan: Not Assumable Basement: Brick/Mortar; Posts; Slab; Storage Space; Unfinished CMU Style: Business Opportunity; Office; Other; Single Occupancy Construction Materials: Block; Brick; Concrete Construction Status: Previously Owned Current Use: Commercial; Office; Vacant Existing Financing: Conventional Exterior: Block; Brick Veneer; Fiber Board; Wood Financing Terms: Conventional Flooring: Carpet; Dirt; Tile; Wood Foundation: Brick/Mortar; Pillar/Post/Pier; Slab Fuel: Natural Gas Heating: Forced Air Internet Options: Fiber Optic Loan Terms: Cash; Conventional Location Description: Downtown Lock Box Type: Combo Miscellaneous Information: 220 Volt; Building Sign; Display Window On Site Utilities: Electric Separate; Heating Separate; Hot Water Separate Parking Characteristics: Parking Lot; Paved Lot; Other Potential Use: Lounge/Bar; Office; Professional; Retail; Shop Road Frontage: City Street; Curbs; Paved Streets; Sidewalks; Street Lights Road Responsibility: Public Maintained Road Roof: Age Over 8 Years; Flat; Rubber Sewer: City Sewer/Connected Stories: One Wall Description: Concrete/Block; Drywall; Finished; Insulated; Wood Water: City Water/Connected Window Features: Blinds; Display Window(s); Insulated Windows; Wood Frames

Contract Information

Off Market Date: 2025-07-17
Closed Date: 2025-07-15
Sales Close Price: 225000
Contingency: None
ListPrice: 249900
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

Postal City: New Richmond
County: St. Croix
State: WI
Zip Code: 54017
Complex/Dev/Subdivision: Gridley Add

Assessments

Tax With Assessments: 2500
Assessment Balance: 0

Basement

Foundation Dimensions: 24 x 80
Brick/Mortar: Yes
Posts: Yes
Slab: Yes
Storage Space: Yes
Unfinished: Yes

More Information

Building Information

Building Finished SqFt: 1920
Building SqFt: 2320
Ceiling Height: 8-10

Income and Expenses

Annual Electric Expense: 500
Annual Fuel Expense: 500
Annual Trash Expense: 100
Annual Water/Sewer Expense: 1580

Lease Details

Land Leased: Not Applicable

Lock Box Type

Lock Box Source: OTHER
Combo: Yes

Miscellaneous Information

Homestead: No
220 Volt: Yes
Building Sign: Yes
Display Window: Yes

Ownership

Fractional Ownership: No

Public Survey Info

Range#: 18W
Section#: 02
Township#: 30N

Sale Options

Sale Includes: Building, Fixture/Equipment

Unit Details

Total Units: Yes

Office/Member Info

Association: WWRA

Location, Tax and Other Information

Legal Description: SEC 2 T30N R18W PT NW1/4 GRIDLEY ADD; S 24.75 FT OF N 54.75 FT OF LOT 9 BLK 9
Listing City: New Richmond
Map Page: 999
Municipality: New Richmond
School District: New Richmond
School District Phone: 715-243-7411
Zip Plus 4: 1727
Property ID Number: 261105960000
Tax Year: 2023
Tax Amount: 2500
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: This building has unlimited potential! Unique business property is at the heart of Main Street, Knowles Ave, New Richmond. Don’t miss out on this exceptional opportunity to make this Commercial building into the business you have always dreamed of owning, whether a rental, Office Suite, Restaurant, Bar, Event Center, Brewery, Distillery, Retail Shop, etc. Well-maintained building has a separate back entrance, mechanical, restroom, small kitchen, parking front and back of the building w/ adjacent public parking lot, landscaping & patio. The building features large open areas, 9–14 ft Ceilings, large picture and daylight windows, solid oak trim, cabinets, shelves, doors, three offices, and large conference rooms. Natural light is abundant throughout the building, with windows in some interior offices—and ample storage.
Directions: Located on main street in New Richmond, Knowles Ave.

Accessible

Doors 36"+: Yes
Grab Bars In Bathroom: Yes
Hallways 42"+: Yes

Air Conditioning

Central Air: Yes

Amenities Shared

Concrete Floors & Walls: Yes

Amenities Unit

Ceiling Fan(s): Yes
Ethernet Wired: Yes
Tile Floors: Yes
Vaulted Ceiling(s): Yes

Appliances

Microwave: Yes

Assumable Loan

Not Assumable: Yes

Construction Materials

Block: Yes
Brick: Yes
Concrete: Yes

Construction Status

Previously Owned: Yes

Existing Financing

Conventional: Yes

Exterior

Block: Yes
Brick Veneer: Yes
Fiber Board: Yes
Wood: Yes

Financing Terms

Conventional: Yes

Flooring

Carpet: Yes
Dirt: Yes
Tile: Yes
Wood: Yes

Foundation

Brick/Mortar: Yes
Pillar/Post/Pier: Yes
Slab: Yes

Fuel

Natural Gas: Yes

Heating

Forced Air: Yes

Internet Options

Fiber Optic: Yes

Parking Characteristics

Parking Lot: Yes
Paved Lot: Yes
Other: Yes

Patio, Porch and Deck Features

Patio: Yes

Road Frontage

City Street: Yes
Curbs: Yes
Paved Streets: Yes
Sidewalks: Yes
Street Lights: Yes

Road Responsibility

Public Maintained Road: Yes

Roof

Age Over 8 Years: Yes
Flat: Yes
Rubber: Yes

Sewer

City Sewer/Connected: Yes

Stories

One: Yes

Wall Description

Concrete/Block: Yes
Drywall: Yes
Finished: Yes
Insulated: Yes
Wood: Yes

Water

City Water/Connected: Yes

Window Features

Blinds: Yes
Display Window(s): Yes
Insulated Windows: Yes
Wood Frames: Yes

On Site Utilities

Electric Separate: Yes
Heating Separate: Yes
Hot Water Separate: Yes

CMU Style

Business Opportunity: Yes
Office: Yes
Other: Yes
Single Occupancy: Yes

Current Use

Commercial: Yes
Office: Yes
Vacant: Yes

Loan Terms

Cash: Yes
Conventional: Yes

Location Description

Downtown: Yes

Potential Use

Lounge/Bar: Yes
Office: Yes
Professional: Yes
Retail: Yes
Shop: Yes

Listing Office: RE/MAX Team 1 Realty

Last Updated: July - 18 - 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. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.