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$575,000 Just Listed

  • For Sale
  • Active
  • Commercial
  • 5,597 Sq. Ft.
  • Updated 52 minutes ago
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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.

Full Property Details for 223-225 S Knowles Ave

General

  • Price: $575,000
  • Taxes: $5,704 (2025)
  • Status: Active
  • Type: Commercial
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7134911
  • Updated: Today (8/28/2026)
  • Added to Site: Today

Additional Information

  • Shared Amenities: Security Building

Parking

  • Parking Features: Asphalt

Location

  • County: St. Croix
  • Township: New Richmond
  • Driving Directions: Hwy 65 North to 223 & 225 So. Knowles

School Information

  • School District: 3962 - New Richmond
  • High School District: New Richmond

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central Air
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)
  • Utility Description: Electric Separate, Heating Separate, Hot Water Common

Structural Information

  • Basement: Yes
  • Basement Desc.: Full
  • Foundation Size: 5280
  • Roof: Age Over 8 Years, Flat, Rubber
  • Disability Access: Other
  • Square Feet: 5,597
  • Finished Down/Base.: 5,597 Sq. Ft.
  • Current Bldg. Use: Vacant
  • Year Built: 1900

Lot Features

  • Lot Dimensions: 48 x 158 x 50 x 158
  • Frontage: City Street
  • Potential Use: Office, Professional Service, Retail
  • Zoning: Business/Commercial

Financial Considerations

  • Tax Amount: $5,704.27
  • Tax Year: 2025
  • Terms: Conventional, Cash
  • Owner Pays: Electricity, Insurance, Taxes
  • Pays Electric: Owner Pays

Disclosures and Reports

  • Legal Description: Lot 3 BLK 8 Fremont Add-N 48 Ft of
  • Inclusions: Building, Fixture/Equipment
  • Property ID: 261104870000

Listed by EXP Realty, LLC

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Listing agents

— 223-225 S Knowles Ave —

  • EXP Realty, LLC

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NMLS#: 1598647

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NMLS#: 1598647

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Price & Sales History for 223-225 S Knowles Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/28/2026
Listed
$575,000
37.23%
MLS
6/30/2025
Sold
$419,000
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 223-225 S Knowles Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,704
18%
$388,100
20%
2024
$4,838
1%
$323,400
—
2023
$4,771
-8%
$323,400
3%
2022
$5,196
4%
$314,500
—
2021
$4,982
-22%
$314,500
19%
2021
$6,349
-2%
$263,600
—
2020
$6,506
5%
$263,600
—
2019
$6,171
—
$263,600
—
2018
$6,166
5%
$263,600
1%
2017
$5,898
-1%
$261,300
—
2016
$5,976
2%
$261,300
—
2015
$5,846
2%
$261,300
—
2014
$5,725
—
$261,300
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by EXP Realty, LLC

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223-225 S Knowles Avenue, New Richmond, WI 54017 (MLS# 7134911) is a Commercial property. 223-225 S Knowles Avenue is currently listed for $575,000 and was received on August 28, 2026. Want to learn more about 223-225 S Knowles Avenue? Do you have questions about finding other Commercial real estate for sale in New Richmond? You can browse all New Richmond real estate or contact a Coldwell Banker agent to request more information.

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