Commercial Real Estate Market in Lena, WI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
1 active listing and 108 off-market properties in Lena, WI.
Market Trends
Lena, WI spans 99.2 square miles in Oconto County, Wisconsin. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Lena, 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 Lena, WI runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Lena, 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 vacancy in Lena, WI runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Commercial 35.1%
- Residential 32.7%
- Industrial 21.4%
- Agricultural 7.8%
Largest Zones share of zoned land by district
Commercial
Single And Two Family Residential
Industrial
Agricultural
Conservancy
Lena, WI zones 601 acres across 7 districts. Commercial zoning covers 35.1% of zoned land, residential 32.7% and industrial 21.4%. The largest single district is Commercial at 35.1%. For commercial buyers the practical constraint is that only 56.4% of land carries a commercial or industrial designation.
Commercial (C)
C” Commercial Districts. 21-8-2: PERMITTED USES Retail stores, offices and services establishments including: Art galleries and stores selling objects of art. Bakery whose products are sold at retail on the premises. Banks and saving and loan offices. Barber shops and beauty shops. Bicycle shops. Billiard parlors, Pool rooms, Bowling alleys. Blueprint and Ph…
Market overview
Demographics & Economy
Lena, WI has 3,244 residents in 1,403 households. Density runs 33 people per square mile. Median household income here is $76,799 and median gross rent $720 a month.
3,244
Population
1,403
Households
2.3
Avg Household Size
43
Median Age
16%
College-Educated
92%
High-School Grad
99.2 sq mi
ZIP Area
33
Density / Sq Mi
$76,799
Median Household Income
$43,292
Median Earnings
$720
Median Rent
$183,700
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Stiles | — | — |
| Oconto Falls | — | — |
| Coleman | — | — |
| Pound | — | — |
Frequently Asked Questions
What zoning applies to commercial property in Lena?
Lena, WI zones 601 acres across 7 districts, of which 35.1% is commercial and 21.4% industrial. The largest single district is Commercial at 35.1% of zoned land. C” Commercial Districts. 21-8-2: PERMITTED USES Retail stores, offices and services establishments including: Art galleries and stores selling objects of art. Bakery whose products are sold at retail on the premises. Banks and saving and loan offices. Barber shops and beauty shops. Bicycle shops. Billiard parlors, Pool rooms, Bowling alleys. Blueprint and Ph… Residential zoning covers 32.7% and open space 0%.
Where does Realmo's Lena market data come from?
Realmo compiles Lena, WI figures from 1 active sale listings, 108 tracked off-market properties, the current Lena zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 1 active for-sale and 0 active for-lease listings in Lena, 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: 601 zoned acres across 7 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
