Commercial Real Estate Market in Wausau, WI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
121 active listings and 1,842 off-market properties in Wausau, WI. Commercial property asks $77/SF to buy and $14.31/SF/Yr to lease.
Market Trends
Wausau, WI spans 217.8 square miles in Marathon County, Wisconsin. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Wausau, 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 Wausau, WI runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Wausau, 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 Wausau, 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 37.8%
- Civic 29.6%
- Industrial 14%
- Mixed use 9.9%
- Planned_development 7.5%
- Commercial 1%
Largest Zones share of zoned land by district
Single Family Residential Two
Rural Holding Thirty Five
Institutional
Single Family Residential Five
Medium Industrial
Single Family Residential Two (SR-2)
Land that is annexed into the City of Wausau shall be automatically zoned to the SR-2 Single-family Residential-2 Zoning District unless a concurrent petition to zone the property to another zoning district is submitted, following the procedures in section 23.10.31 of the City's Zoning Ordinance. (Ord. No. 61-5896 , § 2, 12-14-2021) 23.02.05-23.02.09 - Reser…
Market overview
Demographics & Economy
Wausau, WI has 56,439 residents in 25,401 households. Density runs 259 people per square mile. Median household income here is $68,009 and median gross rent $957 a month.
56,439
Population
25,401
Households
2.2
Avg Household Size
40
Median Age
32%
College-Educated
93%
High-School Grad
217.8 sq mi
ZIP Area
259
Density / Sq Mi
$68,009
Median Household Income
$41,179
Median Earnings
$957
Median Rent
$183,166
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Schofield | — | — |
| Brokaw | — | — |
| Weston | — | — |
| Rothschild | — | — |
Commercial property in Wausau, WI asks $77/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Wausau?
Commercial property in Wausau, WI asks an average of $77 per square foot.
How much does it cost to lease commercial space in Wausau?
Asking lease rates in Wausau, WI average $14.31 per square foot per year.
Where does Realmo's Wausau market data come from?
Realmo compiles Wausau, WI figures from 8 recent recorded sales, 115 active sale listings, 6 active lease listings, 1,842 tracked off-market properties, the current Wausau zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 115 active for-sale and 6 active for-lease listings in Wausau, 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: 10,187 zoned acres across 27 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
