Wauwatosa, WI
Commercial Real Estate Market Trends & Data

$108 Avg asking sale price
$22 Avg asking lease rate
45,931 SF Avg unit lease size
86,652 SF Avg building size for sale
8.63% Average cap rate

Wauwatosa's Demographic Profile

Wauwatosa has 21,049 households and a median income of $93,937, providing context for rent absorption and tenant demand across retail and multifamily assets. A -2% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 46,244
# Households 21,049
Median age 39
Median household income $93,937
Avg household size 2.0
Renter-occupied housing units 8,678
5-year population change -2%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Wauwatosa, WI

↻ Updated Monthly

{{marketTabDescriptions[activeMarketTab]}}

Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Wauwatosa $80 15,378 SF 12.50%
Milwaukee $135 17,143 SF 16.05%
West Allis $155 12,532 SF 5.60%
Nearby Retail Markets Avg Cost/SF Typical Size
Wauwatosa $108 16,326 SF
Milwaukee $194 25,364 SF
Elm Grove $128 19,430 SF
West Allis $141 78,487 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Wauwatosa $101 7,200 SF 7.20%
Milwaukee $128 31,209 SF 8.03%
Bay View $157 10,977 SF 6.56%
Delafield $351 14,346 SF 6.51%

Commercial Properties For Sale in Wauwatosa

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

Recently Renovated!

Milwaukee, WI 53222

  • 997,176 SF Industrial Building
  • Price Upon Request
For Sale

Stratford Plaza

Wauwatosa, WI 53222

  • 25,725 SF Retail Building
  • 6.20% Cap Rate
  • $5,935,000
For Sale

3489 N 76th St

Milwaukee, WI 53222

  • 7,462 SF Office Building
  • 12.50% Cap Rate
  • $430,000
For Sale

Rounding Third

Milwaukee, WI 53213

  • 5,910 SF Retail Building
  • $699,900
For Sale

5400 N 118th Ct

Milwaukee, WI 53225

  • 10,962 SF Flex Building
  • $1,545,000
For Sale

4731 N 125th St

Butler, WI 53007

  • 36,290 SF Industrial Building
  • $2,500,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

How Investors Evaluate Commercial Real Estate Markets

The 3 Most Common Types of Commercial Leases
The 3 Most Common Types of Commercial Leases
Understanding Gross, Net, and Percentage Lease Structures and Their Impact on Your Business
Cash on Cash Return
Cash on Cash Return
Learn How Cash on Cash Return Can Optimize Your Real Estate Investments
Office Space Calculator
Office Space Calculator
Estimate How Much Space Your Team Really Needs
How to Buy a Church Building
How to Buy a Church Building
Learn the essential steps for evaluating, purchasing, and converting religious facilities into profitable investments
Balloon Payment Calculator
Balloon Payment Calculator
Use this calculator to estimate monthly payments, total interest, and the final lump-sum balloon payment for commercial real estate loans.
Types of Commercial Real Estate Investment Properties
Types of Commercial Real Estate Investment Properties
Understanding commercial properties and their investment potential
Raw Land vs. Unimproved Land
Raw Land vs. Unimproved Land
Learn the essential differences between raw and unimproved land to make informed commercial real estate decisions.
Starbucks Real Estate
Starbucks Real Estate
Top Starbucks Real Estate Listings: What Makes These Properties Prime Investments

Nearby Commercial Markets

Comparing nearby markets helps investors see whether Wauwatosa pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Wauwatosa $108 86,652 SF
Milwaukee $154 48,917 SF
Elm Grove $128 19,430 SF
Butler $69 36,290 SF
West Allis $158 47,859 SF

Regional Demographic Comparison

This comparison places Wauwatosa alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Wauwatosa or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Wauwatosa 46,244 21,049 39 $93,937 2 8,678 -2%
Milwaukee 566,428 231,547 34 $47,042 2 141,768 -2%
Elm Grove 6,568 2,484 47 $104,987 3 193 2%
Butler 1,756 867 43 $48,249 2 424 2%
West Allis 57,407 26,188 40 $62,757 2 12,281 -3%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Wauwatosa, WI and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Wauwatosa

View All Commercial Real Estate For Sale in Wauwatosa
Is Wauwatosa a good market for a first-time commercial real estate investor?

Wauwatosa offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Wauwatosa?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Wauwatosa. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Wauwatosa?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Wauwatosa. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Wauwatosa compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Wauwatosa. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Wauwatosa acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Wauwatosa, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

Nearby Cities
Commercial Market Reports