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    501 S Grand Ave Waukesha, WI 53186
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    Property profile & analytics

    501 S Grand Ave, Waukesha, WI 53186

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    • Strip malls
    • 10,349 SF
    • 0.40 lot acres
    Waukesha Retail and Office Space For Sale
    $1,075,000
    11,989 SF

    Waukesha Retail and Office Space

    11,989 SqFt retail and office property for sale.

    501 S Grand Ave, Waukesha, WI 53186
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    Property ID
    US92-1280210
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Diabetic Shoppe / Pharmacy
    • ValuCare Pharmacy / Pharmacy

    Property Details for 501 S Grand Ave

    Year built
    1972
    Lot size
    0.40 lot acres
    Zone code
    B-1
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    WAKC1333383
    APU
    WAKC1333383

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jul 9, 2025 — Terry C Gray — Deed · related $314k · Novus Home Mortgage
    Sep 19, 2024 — 501 Grand LLC — Deed · related $505k · Bmo Bank NA
    Sep 20, 2017 — 501 Grand LLC — Deed · related $560k · Bank Of The West
    Mar 31, 2009 — 501 Grand LLC — Trustees Deed · related $20k · Ridgestone Bank
    Dec 6, 2007 $455,000 501 Grand LLC Klemp-koch Betty A Fam Trust Warranty Deed $484k · Ridgestone Bank
    — — 501 Grand LLC — Loan Modification · related $490k · Ridgestone Bank
    — — 501 Grand LLC — Deed Of Trust · related $560k · Bank Of The West

    Description

    This exceptional executive office space, located at 501 S Grand Avenue in Waukesha, Wisconsin, presents a compelling investment opportunity. The property, identified by APN WAKC1333382, encompasses a total of 11,989 square feet within a single-tenant building. Currently, 2,000 square feet of office space is available for immediate occupancy. The building sits on a 0.53-acre lot and offers ample parking with 33 spaces. The property's classification includes both retail and office uses, making it versatile and adaptable to a range of business needs. Situated in Waukesha County, Wisconsin, with a convenient Waukesha address and zip code 53186, this location offers excellent accessibility and visibility. The property is being offered for sale and represents a chance to acquire a well-maintained building in a desirable location. The existing tenant provides a stable income stream, while the vacant space presents potential for expansion or leasing to additional tenants. This is an ideal opportunity for investors seeking a strong return on investment in a thriving Wisconsin market. The property's size and amenities make it suitable for a variety of businesses seeking a prominent presence in Waukesha. Detailed information regarding the property's financial performance and lease terms is available upon request.


    Value Estimations

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    Location Insight

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    • Local Demand
    City
    Waukesha
    County
    Waukesha
    State
    Wisconsin
    Longitude
    -88.2316
    Latitude
    42.9976
    CBSA code
    33340
    CBSA name
    MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $11,550
    $138,200
    $623,200
    $761,400
    -
    $0.00
    $0.00
    $788,280
    View Listing
    More about this property
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