Pewaukee, WI Commercial Real Estate for Lease and Sale

Explore 37 listings of Pewaukee commercial real estate to find the best space for your business.

Stone Ridge IV

N14 W23800 Stone Ridge Drive, Sherwood Forest, Waukesha, WI
Property

Office

56,700 SF
Availability

4 Spaces

38,831 SF
Year Built

2005
For Lease Contact for pricing
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One Riverwood

N17W24222 Riverwood Drive, Still River, Waukesha, WI
Property

Office
Availability

1 Space

12,356 SF
Year Built

1999
For Lease Contact for pricing
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Stone Ridge I

N14 W23755 Stone Ridge Drive, Sherwood Forest, Waukesha, WI
Property

Office

32,000 SF
Availability

3 Spaces

11,251 SF
Year Built

1986
For Lease

$11.00/SF/YR
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+/- 21,695 SF Standalone Flex Building Available

W227 N678, Takoma Hills, Waukesha, WI
Property

Industrial

21,695 SF
For Sale

$2,450,000
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What type of listing property are you looking for?

Office Coworking Retail Industrial

Office Industrial Land
Waukesha
Regus
N19W24400 Riverwood Drive Suite 350, Waukesha, WI
Services

Virtual Office

Open Workspace

Private Office

Dedicated Desk
Amenities

24/7 security

Access to global network

Business address

Business lounge

Cleaning services

Ergonomic furniture

Lounge area

Mail services

Money-back guarantee

Office furniture
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Stone Ridge III

N14 W23833 Stone Ridge Drive, Sherwood Forest, Waukesha, WI
Property

Office

70,920 SF
Availability

6 Spaces

19,400 SF
Year Built

1988
For Lease

$13.50 - $21.00/SF/YR
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Ridgeview Corporate Park - W233 N2080 Ridgeview Pkwy

W233 N2080 Ridgeview Pkwy, Sherwood Forest, Waukesha, WI
Property

Office

78,065 SF
Availability

3 Spaces

11,035 SF
Year Built

2001
For Lease

$24.95/SF/YR
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Riverwood Corporate Center III

N19 W24200 Riverwood Drive, Still River, Pewaukee, WI
Property

Office
Availability

1 Space

28,410 SF
Year Built

2001
For Lease Contact for pricing
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Waukesha County 99,991 SF Warehouse Available in 2025

W277 N2837 Duplainville Rd, Wethersfield - Valley Brook, Wisconsin, WI
Property

Industrial
Availability

1 Space

99,991 SF
Year Built

1989
For Lease Contact for pricing
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Squires III

N19 W24075 Riverwood Drive, Still River, Waukesha, WI
Property

Office

49,979 SF
Availability

6 Spaces

14,719 SF
Year Built

1999
For Lease

$18.00 - $20.50/SF/YR
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N25 W23131 Paul Road

N25 W23131 Paul Road, R&D Industrial Park, Pewaukee, WI
Property

Office

34,400 SF
Availability

2 Spaces

4,777 SF
Year Built

1987
For Lease

$11.00/SF/YR
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High Ridge Office Center

N16 W23233 Stone Ridge Drive, Sherwood Forest, Waukesha, WI
Property

Office

33,500 SF
Availability

3 Spaces

17,127 SF
Year Built

1995
For Lease

$12.00/SF/YR
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N8 W22195 Johnson Drive

N8 W22195 Johnson Drive, Takoma Hills, Waukesha, WI
Property

Industrial

34,000 SF
Availability

3 Spaces

6,176 SF
Year Built

2004
For Lease

$11.00/SF/YR
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First Floor Office with Direct Entrance | Waukesha, WI

W239 N1812 Rockwood Dr, Sherwood Forest, Waukesha, WI
Property

Office
Availability

1 Space

3,534 SF
For Lease Contact for pricing
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N21 W23340 Ridgeview Pkwy

N21 W23340 Ridgeview Pkwy, Sherwood Forest, Waukesha, WI
Property

Industrial

5,527 SF
Year Built

2003
For Sale

$4,000,000
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N26 W23880 Commerce Circle

N26 W23880 Commerce Circle, R&D Industrial Park, Waukesha, WI
Property

Industrial

140,385 SF
Availability

1 Space

28,800 SF
Year Built

1997
For Lease

$7.25/SF/YR
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W229 N1400 Westwood Drive

W229 N1400 Westwood Drive, Sherwood Forest, Pewaukee, WI
Property

Retail

110,424 SF
Availability

1 Space

110,400 SF
Year Built

1989
For Lease Contact for pricing
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N19 W24130 Riverwood Drive

N19 W24130 Riverwood Drive, Still River, Waukesha, WI
Property

VacantLand
Year Built

1999
For Sale Contact for pricing
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N15 W24250 Riverwood Drive

N15 W24250 Riverwood Drive, Still River, Pewaukee, WI
Property

Industrial

143,000 SF
Availability

1 Space

142,952 SF
Year Built

1985
For Lease

$15.00 - $25.00/SF/YR
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360 Bluemound Rd

360 Bluemound Rd, Sherwood Forest, Waukesha, WI
Property

Office

16,000 SF
For Sale

$2,640,000
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N27 W23591 Paul Road

N27 W23591 Paul Road, R&D Industrial Park, Waukesha, WI
Property

Industrial

27,530 SF
Availability

1 Space

7,400 SF
Year Built

1998
For Lease

$6.75/SF/YR
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Industrial Office Space

W229 N149 Westwood Dr, Sherwood Forest, Waukesha, WI
Property

Office
Availability

1 Space

6,440 SF
For Lease Contact for pricing
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On-building and Monument Signage Available - Office for Lease

N35W23877 Highfield Ct, Balmer Park, Pewaukee, WI
Property

Office
Availability

1 Space

10,429 SF
Year Built

2007
For Lease Contact for pricing
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N25W23050 Paul Road

N25W23050 Paul Road, R&D Industrial Park, Pewaukee, WI
Property

Office

37,765 SF
Availability

1 Space

37,765 SF
For Lease

$18.00/SF/YR
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NE Corner of Highway F & Nancy’s Ct

NE Corner of Highway F & Nancy’s Ct, R&D Industrial Park, Pewaukee, WI
Property

VacantLand

2.24 Acre
For Sale Contact for pricing
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W238 N1700 Rockwood Drive

W238 N1700 Rockwood Drive, Sherwood Forest, Pewaukee, WI
Property

Industrial

72,000 SF
Availability

1 Space

7,000 SF
Year Built

1988
For Lease

$9.00/SF/YR
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N27 W23655 Paul Road

N27 W23655 Paul Road, R&D Industrial Park, Pewaukee, WI
Property

Industrial

17,544 SF
Availability

1 Space

17,544 SF
For Lease

$8.50/SF/YR
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N15W24250 Riverwood Drive

N15W24250 Riverwood Drive, Still River, Waukesha, WI
Property

Office

142,952 SF
Availability

2 Spaces

142,952 SF
For Lease

$15.00 - $25.00/SF/YR
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N7W23765 BLUEMOUND ROAD

N7W23765 BLUEMOUND ROAD, Sherwood Forest, Pewaukee, WI
Property

Office

3,155 SF
Availability

1 Space

1,180 SF
For Lease

$20.50/SF/YR
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Fox Run Industrial Development

N15 W22261 Watertown Road, Sherwood Forest, Pewaukee, WI
Property

Industrial

59,219 SF
Availability

1 Space

59,219 SF
For Lease Contact for pricing
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The Shoppes at the Corridor

Bluemound Road & Discovery Drive, Sherwood Forest, Waukesha, WI
Property

Retail

120,000 SF
Availability

1 Space

10,500 SF
For Lease Contact for pricing
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N27 W23655 Paul Road

N27 W23655 Paul Road, R&D Industrial Park, Pewaukee, WI
Property

Industrial

17,544 SF
For Sale

$2,193,000
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Crestview Building | Office/Flex Building for Lease

N16W23390 Stone Ridge Dr, Sherwood Forest, Waukesha, WI
Property

Office
Availability

1 Space

2,725 SF
For Lease Contact for pricing
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N29 W22817 Marjean Lane

N29 W22817 Marjean Lane, R&D Industrial Park, Pewaukee, WI
Property

VacantLand
For Sale

$180,000
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Two Riverwood

N19W24133 Riverwood Drive, Still River, Waukesha, WI
Property

Office
Availability

1 Space

24,618 SF
Year Built

2001
For Lease Contact for pricing
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N21 W23560 Ridgeview Pkwy

N21 W23560 Ridgeview Pkwy, Sherwood Forest, Waukesha, WI
Property

Industrial

126,016 SF
Availability

2 Spaces

7,241 SF
Year Built

1999
For Lease

$18.00/SF/YR
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On-building and Monument Signage Available - Office for Lease

N35W23877 Highfield Ct, Balmer Park, Pewaukee, WI
Property

Office

22,929 SF
Year Built

2007
For Sale Contact for pricing
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Pewaukee commercial real estate market incorporates 555,436 square feet of office space across 23 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Pewaukee commercial real estate market includes 230,424 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Pewaukee market, there is a total of 642,765 square feet of industrial property.

The listing inventory in Pewaukee incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Pewaukee is represented by Office space, which accounts for 387,549 square feet of available listings. Industrial space available in Pewaukee adds up to 376,323 square feet.

Meanwhile, most of the listings of commercial property for sale in Pewaukee are in the Industrial category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Pewaukee is $17.3 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Pewaukee can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Pewaukee, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in Pewaukee is in the Sherwood Forest neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the Sherwood Forest area.

Meanwhile, retail space opportunities are most abundant in the Sherwood Forest submarket. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in R&D Industrial Park.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $25 per square foot. In particular, the property type commanding the highest lease rates in Pewaukee was Office space.

Conversely, the highest sale price last year was $3,175,000, which was paid for the Office property that is located at W239 N3490 Pewaukee Road in the Five Fields neighborhood. The property was built in 2009, incorporates 24,312 square feet, and is rated Class B.

The average size of a commercial property in Pewaukee depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Pewaukee, the average size of an office property is 50,495 square feet.
Retail properties here incorporate an average of 115,212 square feet.
Industrial space in Pewaukee is in buildings that are, on average 64,277 square feet in size.

Pewaukee, WI Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Pewaukee currently add up to 869,055 square feet. The market offers 20 active office listing(s), which amount to 379,232 square feet and account for 66% of commercial spaces on the market. Local retail availability includes 120,900 square feet across 2 retail space(s). Industrial space for rent opportunities in Pewaukee amount to 368,923 square feet across a total of 8 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	20	379,232
Retail	2	120,900
Industrial	8	368,923

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Pewaukee, WI. Currently, there is 83,695 square feet of commercial property for sale here , which includes 2 office building(s) for sale , and 3 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	2	38,929
Industrial	3	44,766

Pewaukee, WI Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Pewaukee, WI?

What factors affect the price of commercial real estate in Pewaukee, WI?

What is the average rent for commercial space in Pewaukee, WI?

What are the best areas for commercial real estate in Pewaukee, WI?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Pewaukee, WI?

Pewaukee, WI Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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