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Waukesha Retail and Office Space
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501 S Grand Ave, Waukesha, WI 53186

11,989 SqFt retail and office property for sale.

Property Size11,989 SF
Price / SF$89.67
Days on Market179

Property Features for 501 S Grand Ave

General Information

Standard status Active
Size 11,989 SF
Total Parking Spaces 33
Property subtype Retail, Office
Listing Agency: Colliers - Milwaukee, Wisconsin
Listed By: Blake Gaffney · License #97345-94
Source: Crexi
Added: Feb 13 Changed: Aug 8 Last Checked: Aug 8 at 2:47PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers - Milwaukee, Wisconsin

Investment Insights

Based on property information with market context.

This commercial real estate property features 11,989 square feet of space suitable for retail and office use. The property is currently listed for sale and has a capitalization rate of 7.40%.

Key Highlights

  • 7.40% CAP Rate
  • 11,989 SqFt of retail space
  • Retail Property

Property Analytics

Current Use

Diabetic Shoppe Pharmacy ValuCare Pharmacy Pharmacy

Suggested Use

Top Pick Electrical Service Grocery & Convenience Store (Bike/Boat/Book/etc) Store Tech Support Center Veterinary Clinic Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

424
Businesses Nearby

Demographics for 53186, WI

32,332
Population
15,066
Households
2.1
Avg Household Size
38
Median Age
39%
College-Educated
95%
High-School Grad
12.6 sq mi
ZIP Area
2,566
Density / Sq Mi
$74,596
Median Household Income
$42,007
Median Earnings
$1,180
Median Rent
$277,800
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail property - 11,989 SqFt retail and office property for sale.
Where is this retail property located?
The property is located at 501 S Grand Ave Waukesha, WI.
What is the asking price?
The asking price for this property is $1,075,000.
What are key features of this property?
This property features: 7.40% CAP Rate; 11,989 SqFt of retail space; Retail Property
(262) 490-9309 Call to check price and availability
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