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227 S Arch Ave 2,062 SF Office Building New Richmond, WI 54017 $325,000 ($157.61/SF)

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EXECUTIVE SUMMARY

Step into timeless charm and modern utility with this well-maintained, two-story mixed-use property located just one block east of South Knowles Avenue—the heart of New Richmond’s downtown business district. Built in the early 1900s and thoughtfully updated over the years, this 2,024 SF building offers flexible space ideal for professional services, boutique retail, or live-work configurations.
The ground level features a welcoming commercial suite currently occupied by Edward Jones, showcasing original pocket doors, wide trim, and ADA-compliant upgrades including a ramp and restroom. The second level includes one office and a one-bedroom, one-bath apartment, with shared access to the living room and restroom—perfect for continued mixed-use or full office conversion. There are two apartment units on the 2nd level and the main floor could also be leased as a rental unit.
Recent improvements include a composite-covered front porch with updated railings, and interior enhancements that preserve the building’s character while supporting modern functionality.
**Information deemed accurate but not guaranteed. Agent to verify all information**

FINANCIAL SUMMARY (ACTUAL - 2024)

ANNUAL ANNUAL PER SF
Taxes $4,427 $2.15
Operating Expenses - -
Total Expenses $4,427 $2.15

FINANCIAL SUMMARY (ACTUAL - 2024)

Taxes
Annual $4,427
Annual Per SF $2.15
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $4,427
Annual Per SF $2.15

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Building Size
2,062 SF
Building Class
C
Year Built
1910
Price
$325,000
Price Per SF
$157.61
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
1,031 SF
Slab To Slab
10’
Building FAR
0.21
Lot Size
0.23 AC
Parking
3 Spaces (1.45 Spaces per 1,000 SF Leased)

AMENITIES

  • Signage

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Edward Jones
  • Finance and Insurance
  • -
  • -
  • Nov 2025
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Edward Jones Finance and Insurance - - Nov 2025
Walk Score®
Very Walkable (70)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
261-1060-30-000
Land Assessment
$103,700
Improvements Assessment
$192,600
Total Assessment
$296,300
Annual Taxes
$4,427 ($2.15/SF)
Tax Year
2024
  • Listing ID: 38081018

  • Date on Market: 10/15/2025

  • Last Updated:

  • Address: 227 S Arch Ave, New Richmond, WI 54017

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