Waukesha, WI Commercial Real Estate for Lease and Sale

Explore 40 listings of Waukesha commercial real estate to find the best space for your business.

Bluemound Corporate Park I

N7 W23700 Bluemound Rd, Waukesha Airport, Waukesha, WI
Property

Industrial

30,000 SF
Availability

1 Space

30,000 SF
Year Built

2015
For Lease

$7.25/SF/YR
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Silvernail Commons

2177 Silvernail Road, Pebble Valley, Pewaukee, WI
Property

Retail

10,347 SF
Availability

1 Space

1,207 SF
For Lease Contact for pricing
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Moreland Medical Center

1111 Delafield Street, Highland, Waukesha, WI
Property

Office

175,173 SF
Availability

15 Spaces

64,814 SF
Year Built

1964
For Lease

$17.00/SF/YR
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The Shoppes at Fox River

W. Sunset Drive & Oakdale Drive, River Park Industrial, Waukesha, WI
Property

Retail

331,541 SF
Availability

7 Spaces

94,500 SF
Year Built

2012
For Lease Contact for pricing
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Office Retail Industrial

Office Retail Land
Meijer | In-Store Retail Space

801 E. Sunset Dr, Davids Park, Waukesha, WI
Property

Retail

206,200 SF
Availability

1 Space

762 SF
Year Built

2016
For Lease Contact for pricing
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Moreland Plaza

821 W. Moreland Blvd., Briarwood Estates - Hawthorn Grove, Waukesha, WI
Property

Retail

23,253 SF
Availability

1 Space

1,726 SF
Year Built

1966
For Lease Contact for pricing
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139 E. Broadway St.

139 E. Broadway St., College Hill, Waukesha, WI
Property

Retail

32,861 SF
Availability

2 Spaces

20,648 SF
For Lease Contact for pricing
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Light Industrial/Flex Suites Available For Lease

1230 S West Ave, River Park Industrial, Waukesha, WI
Property

Industrial
Availability

1 Space

4,000 SF
For Lease Contact for pricing
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+/-45,000 - +/-102,947 SF Available for Lease

1718 Pearl St, Springbrook, Waukesha, WI
Property

Industrial
Availability

1 Space

102,947 SF
For Lease Contact for pricing
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Silvernail Plaza

2100 Silvernail Road, Pebble Valley, Waukesha, WI
Property

Retail

116,000 SF
Availability

4 Spaces

8,334 SF
For Lease Contact for pricing
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Meadowbrook Marketplace

601 Meadowbrook Rd, Downtown Waukesha, Waukesha, WI
Property

Retail
Availability

6 Spaces

12,000 SF
For Lease Contact for pricing
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Silvernail Village Shopping Center

2301-2359 Silvernail Rd, Pebble Valley, Pewaukee, WI
Property

Retail

44,172 SF
Availability

2 Spaces

4,100 SF
Year Built

2000
For Lease

$12.00 - $19.50/SF/YR
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Wisconsin Commerce & Industrial Center Building 7

2103 S Grand Ave, River Ridge, Waukesha, WI
Property

Industrial
Availability

1 Space

4,788 SF
For Lease Contact for pricing
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Wisconsin Commerce & Industrial Center Building 1

2111 S West Ave, River Ridge, Waukesha, WI
Property

Industrial
Availability

1 Space

2,400 SF
For Lease Contact for pricing
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Meadowbrook Shopping Center

701 Meadowbrook Road, Maple Lane Hills, Waukesha, WI
Property

Retail

116,711 SF
Availability

1 Space

2,603 SF
Year Built

1998
For Lease Contact for pricing
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1101 West St. Paul Avenue

1101 West St. Paul Avenue, River Park Industrial, Waukesha, WI
Property

Industrial

660,000 SF
Availability

5 Spaces

12,847 SF
Year Built

1941
For Lease

$6.00 - $12.00/SF/YR
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Center City Plaza

741 North Grand Avenue, Downtown Waukesha, Waukesha, WI
Property

Office

5,893 SF
Availability

3 Spaces

5,767 SF
For Lease

$743.00 - $3,249.00/MO
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Wisconsin Commerce & Industrial Center Building 5

300 Travis Ln, River Ridge, Waukesha, WI
Property

Industrial
Availability

1 Space

11,921 SF
For Lease Contact for pricing
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W246 N3255 INDUSTRIAL LANE

W246 N3255 INDUSTRIAL LANE, Green Valley, Waukesha, WI
Property

Industrial

14,000 SF
Availability

1 Space

5,000 SF
For Lease

$3,330.00/MO
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Retail/Office Space Available

501 S Grand Ave, Ridgewood, Waukesha, WI
Property

Retail

11,989 SF
For Sale

$1,075,000
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217 Wisconsin Avenue

217 Wisconsin Ave, College Hill, Waukesha, WI
Property

Office

28,000 SF
Availability

8 Spaces

6,679 SF
For Lease

$278.00 - $1,768.00/MO
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519 Wisconsin Ave

519 Wisconsin Ave, Pine Grove - Riverside Park, Waukesha, WI
Property

Office

12,646 SF
For Sale

$650,000
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Retail/Office Space Available

501 S Grand Ave, Ridgewood, Waukesha, WI
Property

Retail
Availability

1 Space

4,072 SF
For Lease Contact for pricing
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Office/Retail Building For Sale - Including completely finished lower level

149 Wisconsin Avenue, College Hill, Waukesha, WI
Property

Office

7,800 SF
For Sale

$395,000
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Walmart Outlot - Waukesha

2000 S West Ave, Green Valley, Waukesha, WI
Property

VacantLand

6.67 Acre
For Sale Contact for pricing
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Wisconsin Commerce & Industrial Center Building 4

400 Travis Ln, River Ridge, Waukesha, WI
Property

Industrial
Availability

1 Space

1,163 SF
For Lease Contact for pricing
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909 Blackstone Ave

909 Blackstone Ave, Oakland Heights, Waukesha, WI
Property

Unassigned

25,480 SF
Availability

5 Spaces

4,426 SF
For Lease

$19.80 - $1,850.00/SF/YR
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831 North Grand Avenue

831 N Grand Ave, Downtown Waukesha, Waukesha, WI
Property

Office

3,000 SF
Availability

2 Spaces

1,855 SF
For Lease

$675.00 - $1,170.00/MO
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Retail Space Available

2720 W Grandview Boulevard, Pebble Valley, Waukesha, WI
Property

Retail
Availability

1 Space

1,595 SF
For Lease Contact for pricing
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Silvernail Village Shopping Center

2301-2359 Silvernail Rd, Pebble Valley, Pewaukee, WI
Property

Retail

29,427 SF
For Sale

$2,325,000
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Wisconsin Commerce & Industrial Center Building 9

206 Travis Ln, River Ridge, Waukesha, WI
Property

Industrial
Availability

1 Space

2,320 SF
For Lease Contact for pricing
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Woodman's Food Market Outparcels

1600 E. Main Street, Arcadian Avenue Industrial Park, Waukesha, WI
Property

VacantLand
For Sale Contact Broker
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Walmart Outlot - Waukesha

2000 S West Ave, Green Valley, Waukesha, WI
Property

VacantLand

6.67 Acre
Availability

1 Space

6.67 Acre
For Lease Contact for pricing
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The Shoppes at Fox River

1220 West Sunset Drive, River Park Industrial, Waukesha, WI
Property

Retail

331,541 SF
Availability

1 Space

1,540 SF
Year Built

2009
For Lease Contact for pricing
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1616 Paramount Dr

1616 Paramount Dr, Priedeman Estates, Waukesha, WI
Property

Industrial

19,520 SF
Availability

1 Space

19,520 SF
Year Built

1996
For Lease Contact for pricing
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3228 Turnberry Oak Dr

3228 Turnberry Oak Dr, Heritage Hills, Waukesha, WI
Property

Office

20,263 SF
Availability

3 Spaces

6,109 SF
For Lease

$17.00/SF/YR
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Single Family Lot For Sale

Buena Vista Ave & Pewaukee Rd, Park View, Waukesha, WI
Property

Other
For Sale

$55,000
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Wisconsin Commerce & Industrial Center Building 3

404 Travis Ln, River Ridge, Waukesha, WI
Property

Industrial
Availability

1 Space

4,891 SF
For Lease Contact for pricing
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1825 Dolphin Dr

1825 Dolphin Dr, White Hall, Waukesha, WI
Property

Industrial

12,300 SF
Availability

1 Space

6,300 SF
Year Built

1994
For Lease

$8.95/SF/YR
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Wisconsin Commerce & Industrial Center Building 6

402 Travis Ln, River Ridge, Waukesha, WI
Property

Industrial
Availability

1 Space

10,800 SF
For Lease 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 Waukesha commercial real estate market incorporates 245,136 square feet of office space across 9 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 Waukesha commercial real estate market includes 1,048,499 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 Waukesha market, there is a total of 735,820 square feet of industrial property.

The listing inventory in Waukesha 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 Waukesha is represented by Industrial space, which accounts for 291,458 square feet of available listings. Retail space available in Waukesha adds up to 152,325 square feet.

Meanwhile, most of the listings of commercial property for sale in Waukesha are in the Retail 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 Waukesha is $24 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 Waukesha 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 Waukesha, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in Waukesha is in the Highland neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the Highland area.

Meanwhile, retail space opportunities are most abundant in the River Park Industrial submarket. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in River Ridge.

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 $263 per square foot. In particular, the property type commanding the highest lease rates in Waukesha was Office space.

Conversely, the highest sale price last year was $3,250,000, which was paid for the Industrial property that is located at N21 W23340 Ridgeview Pkwy in the Sherwood Forest neighborhood. The property was built in 2003, incorporates 5,527 square feet, and is rated Class B.

The average size of a commercial property in Waukesha 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 Waukesha, the average size of an office property is 35,020 square feet.
Retail properties here incorporate an average of 104,850 square feet.
Industrial space in Waukesha is in buildings that are, on average 147,164 square feet in size.

Waukesha, WI Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Waukesha currently add up to 751,329 square feet. The market offers 6 active office listing(s), which amount to 84,374 square feet and account for 17% of commercial spaces on the market. Local retail availability includes 153,087 square feet across 13 retail space(s). Industrial space for rent opportunities in Waukesha amount to 218,897 square feet across a total of 14 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	6	84,374
Retail	13	153,087
Industrial	14	218,897
Other	1	294,971

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 Waukesha, WI. Currently, there is 61,869 square feet of commercial property for sale here , which includes 2 office building(s) for sale , 2 retail investment opportunity listing(s) .

Property Type	Count of Listings	Total SF
Office	2	20,446
Retail	2	41,416
Other	3	7

Waukesha, 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 Waukesha, WI?

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

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

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

Waukesha, WI Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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