Commercial Real Estate Market in Shorewood, WI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
23 active listings and 110 off-market properties in Shorewood, WI. Commercial property asks $388/SF to buy and $30.21/SF/Yr to lease.
Market Trends
Shorewood, WI spans 4.0 square miles in Milwaukee County, Wisconsin. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Shorewood, WI asks $41/SF to buy. Vacancy runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in Midwest region
Retail
Retail space in Shorewood, WI asks $107/SF to buy. Vacancy runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Shorewood, 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 Shorewood, WI asks $91/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 71.2%
- Open space 15.2%
- Mixed use 6.8%
- Civic 6.4%
- Commercial 0.5%
Largest Zones share of zoned land by district
One And Two Household Residence District 1
Park Preservation District
Single Household Residence District 1
Civic And Institutional District
Lake Drive Residence District 4
Shorewood, WI zones 744 acres across 19 districts. Commercial zoning covers 0.5% of zoned land, residential 71.2% and open space 15.2%. The largest single district is One And Two Household Residence District 1 at 45.6%. For commercial buyers the practical constraint is that only 0.5% of land carries a commercial or industrial designation.
Market overview
Demographics & Economy
Shorewood, WI has 36,327 residents in 16,346 households. Density runs 9,162 people per square mile. Median household income here is $76,206 and median gross rent $1,225 a month.
36,327
Population
16,346
Households
2.2
Avg Household Size
29
Median Age
74%
College-Educated
98%
High-School Grad
4 sq mi
ZIP Area
9,162
Density / Sq Mi
$76,206
Median Household Income
$40,214
Median Earnings
$1,225
Median Rent
$413,500
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Glendale | — | — |
| Whitefish Bay | — | — |
| River Hills | — | — |
| Wauwatosa | — | $18.30 |
Commercial property in Shorewood, WI asks $388/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Shorewood?
Commercial property in Shorewood, WI asks an average of $388 per square foot. The 4 most recent recorded sales traded at a median of $226/SF, so asking sits 72% above the achieved median. Retail carries the highest asking price at $107/SF.
How much does it cost to lease commercial space in Shorewood?
Asking lease rates in Shorewood, WI average $30.21 per square foot per year.
What zoning applies to commercial property in Shorewood?
Shorewood, WI zones 744 acres across 19 districts, of which 0.5% is commercial and 0% industrial. The largest single district is One And Two Household Residence District 1 at 45.6% of zoned land. Residential zoning covers 71.2% and open space 15.2%.
Where does Realmo's Shorewood market data come from?
Realmo compiles Shorewood, WI figures from 5 recent recorded sales, 17 active sale listings, 6 active lease listings, 110 tracked off-market properties, the current Shorewood zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 17 active for-sale and 6 active for-lease listings in Shorewood, 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: 744 zoned acres across 19 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
