Commercial Real Estate Market in Sullivan, WI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
4 active listings and 78 off-market properties in Sullivan, WI.
Market Trends
Sullivan, WI spans 31.9 square miles in Jefferson County, Wisconsin. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Sullivan, 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 Sullivan, WI runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Sullivan, 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 Sullivan, 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
- Residential 78.8%
- Industrial 8.8%
- Planned_development 4.1%
- Commercial 2.4%
- Civic 2.2%
- Open space 1.3%
Largest Zones share of zoned land by district
Single Family Residential
Single Family Residential Medium Density
Industrial District
Planned Unit Development Overlay District
Public Facilities District
Sullivan, WI zones 724 acres across 14 districts. Commercial zoning covers 2.4% of zoned land, residential 78.8%, open space 1.3% and industrial 8.8%. The largest single district is Single Family Residential at 46.5%. For commercial buyers the practical constraint is that only 11.2% of land carries a commercial or industrial designation.
Single Family Residential (R-1)
R-1 Single-Family Residential District. A. Purpose. The purpose of this district is to provide the opportunity for construction and maintenance of primarily single-family detached dwelling units. B. Permitted uses. The following uses of land are permitted in the R-1 District: [Amended at time of adoption of Code (see Ch. 1, General Provisions, Art. III)] (1)…
Market overview
Demographics & Economy
Sullivan, WI has 2,703 residents in 1,184 households. Density runs 85 people per square mile. Median household income here is $94,522 and median gross rent $847 a month.
2,703
Population
1,184
Households
2.3
Avg Household Size
48
Median Age
24%
College-Educated
93%
High-School Grad
31.9 sq mi
ZIP Area
85
Density / Sq Mi
$94,522
Median Household Income
$47,986
Median Earnings
$847
Median Rent
$337,800
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Helenville | — | — |
| Dousman | — | — |
| Oconomowoc | — | — |
| Palmyra | — | — |
Commercial property in Sullivan, WI asks $897/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Sullivan?
Commercial property in Sullivan, WI asks an average of $897 per square foot.
What zoning applies to commercial property in Sullivan?
Sullivan, WI zones 724 acres across 14 districts, of which 2.4% is commercial and 8.8% industrial. The largest single district is Single Family Residential at 46.5% of zoned land. R-1 Single-Family Residential District. A. Purpose. The purpose of this district is to provide the opportunity for construction and maintenance of primarily single-family detached dwelling units. B. Permitted uses. The following uses of land are permitted in the R-1 District: [Amended at time of adoption of Code (see Ch. 1, General Provisions, Art. III)] (1)… Residential zoning covers 78.8% and open space 1.3%.
Where does Realmo's Sullivan market data come from?
Realmo compiles Sullivan, WI figures from 3 recent recorded sales, 4 active sale listings, 78 tracked off-market properties, the current Sullivan zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 4 active for-sale and 0 active for-lease listings in Sullivan, 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: 724 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
