For Sale
Wauwatosa, WI
Commercial Real Estate Market Trends & Data
$112 per SF
Avg asking sale price
$21 per SF
Avg asking lease rate
38,548 SF
Avg unit lease size
87,480 SF
Avg building size for sale
5.85%
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]}}
↻ Updated Monthly{{marketTabDescriptions[activeMarketTab]}}
| Nearby Office Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Milwaukee | $151 | 23,490 SF | 16.05% |
| West Allis | $139 | 10,140 SF | 7.84% |
| Nearby Retail Markets | Avg Cost/SF | Typical Size |
|---|---|---|
| Wauwatosa | $112 | 8,208 SF |
| Milwaukee | $186 | 15,019 SF |
| Elm Grove | $178 | 6,672 SF |
| West Allis | $117 | 6,541 SF |
| Nearby Multifamily Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Wauwatosa | $123 | 5,346 SF | 5.49% |
| Milwaukee | $163 | 13,644 SF | 11.08% |
| Brookfield | $123 | 5,346 SF | 5.49% |
| Bay View | $263 | 11,704 SF | 7.25% |
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
Average Price For Sale
↻ Updated MonthlyAverage Price For Lease
↻ Updated MonthlyNumber of Listings
↻ Updated MonthlyCap Rate
↻ Updated MonthlyHow Investors Evaluate Commercial Real Estate Markets
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 | $112 | 87,480 SF |
| Milwaukee | $167 | 45,744 SF |
| Elm Grove | $178 | 6,672 SF |
| Butler | $61 | 32,604 SF |
| West Allis | $141 | 22,005 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 Market Trends
- Milwaukee Market Trends
- Bay View Market Trends
- Racine Market Trends
- Brown Deer Market Trends
- Franklin Market Trends
- Mequon Market Trends
- Brookfield Market Trends
- New Berlin Market Trends
- West Allis Market Trends
- Menomonee Falls Market Trends
- Pewaukee Market Trends
- Oak Creek Market Trends
- Waukesha Market Trends
- Glendale Market Trends
- Greenfield Market Trends
- View more
- View less
