Commercial Real Estate Market in Altoona, WI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
8 active listings and 388 off-market properties in Altoona, WI. Commercial property asks $189/SF to buy and $15.97/SF/Yr to lease.
Market Trends
Altoona, WI spans 4.7 square miles in Eau Claire County, Wisconsin. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Altoona, WI runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Vacancy Rate % in Midwest region
Retail
Retail vacancy in Altoona, WI runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Altoona, WI runs 4.9% across the Midwest region in 2025, up from 4.4% in 2019. Nearly 1.6x the 2022 low of 3.1%.
Vacancy Rate % in Midwest region
Multifamily
Multifamily space in Altoona, WI asks $119/SF to buy. Vacancy runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in Midwest region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 54.6%
- Open space 13.9%
- Industrial 9.3%
- Commercial 7.6%
- Mixed use 6.5%
Largest Zones share of zoned land by district
One Family Dwelling District
Public And Conservancy District
Industrial District
Planned Community Development
Commercial District
Altoona, WI zones 2,703 acres across 14 districts. Commercial zoning covers 7.6% of zoned land, residential 54.6%, open space 13.9% and industrial 9.3%. The largest single district is One Family Dwelling District at 46.4%. For commercial buyers the practical constraint is that only 16.9% of land carries a commercial or industrial designation.
One Family Dwelling District (R-1)
A. R-1 One-Family Dwelling District. The R-1 One-Family Dwelling District is intended to encompass the City’s single-family neighborhoods that provide much of the City’s housing stock. Single-family detached development is intended to comprise much of the housing, although at smaller lot areas and widths are allowed to provide affordable and attainable singl…
Market overview
Demographics & Economy
Altoona, WI has 8,580 residents in 3,979 households. Density runs 1,807 people per square mile. Median household income here is $81,101 and median gross rent $1,156 a month.
8,580
Population
3,979
Households
2.2
Avg Household Size
39
Median Age
41%
College-Educated
97%
High-School Grad
4.7 sq mi
ZIP Area
1,807
Density / Sq Mi
$81,101
Median Household Income
$45,307
Median Earnings
$1,156
Median Rent
$223,300
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Eau Claire | — | $13.42 |
| Brackett | — | — |
| Fall Creek | — | — |
| Chippewa Falls | — | $9.08 |
Commercial property in Altoona, WI asks $189/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Altoona?
Commercial property in Altoona, WI asks an average of $189 per square foot. Multifamily carries the highest asking price at $119/SF.
How much does it cost to lease commercial space in Altoona?
Asking lease rates in Altoona, WI average $15.97 per square foot per year.
What zoning applies to commercial property in Altoona?
Altoona, WI zones 2,703 acres across 14 districts, of which 7.6% is commercial and 9.3% industrial. The largest single district is One Family Dwelling District at 46.4% of zoned land. A. R-1 One-Family Dwelling District. The R-1 One-Family Dwelling District is intended to encompass the City’s single-family neighborhoods that provide much of the City’s housing stock. Single-family detached development is intended to comprise much of the housing, although at smaller lot areas and widths are allowed to provide affordable and attainable singl… Residential zoning covers 54.6% and open space 13.9%.
Where does Realmo's Altoona market data come from?
Realmo compiles Altoona, WI figures from 7 recent recorded sales, 5 active sale listings, 3 active lease listings, 388 tracked off-market properties, the current Altoona zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 5 active for-sale and 3 active for-lease listings in Altoona, WI. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 2,703 zoned acres across 14 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Midwest region level, retail vacancy is reported at Midwest region level and industrial vacancy is reported at Midwest region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
