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    Waukesha, WI Strip Malls for Sale

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    Pewaukee, WI New Berlin, WI Pleasant Prairie, WI
    Waukesha Retail Strip Center
    $8,263,000
    Waukesha Retail Strip Center

    120 E Sunset Dr, Waukesha, WI 53186

    100% occupied retail strip center in affluent Milwaukee suburb.
    • 100% occupied retail strip center anchored by national tenants Crunch Fitness and Dollar Tree.
    • Located in an affluent Milwaukee suburb with average household incomes of $111K within a 5‑mile radius.
    • Extremely low price per foot ($69.81) and well below market average rents ($6.01/SF).
    • Close proximity (2 miles) to Shoppes at Fox River, a major traffic draw ranked in the top 7% of shopping centers nationwide.
    • Multiple new leases signed in 2025, indicating tenant confidence in the location.
    Updated: Nov 25, 2025
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    Waukesha Retail Complex For Sale
    Contact for pricing
    25,070 SF
    Waukesha Retail Complex For Sale

    2140 W St Paul Ave, Waukesha, WI

    25,070 SF retail complex in Waukesha County market.
    • Anchored by Kohl’s Department Store and Aldi Foods
    • 94.9% occupancy rate
    • Premier retail space in Waukesha County market
    • Long‑standing, well‑trafficked business hub
    • Tenants include Great Clips, Cousins Subs, Sally Beauty, and Edward Jones
    Updated: May 9, 2018
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    Based on your search, we've compiled 39 Potential Opportunities for your consideration. Besides 2 Active listings in Waukesha, WI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 29 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Milwaukee Retail Opportunity For Sale
    $3,000,000
    168,638 SF
    Milwaukee Retail Opportunity For Sale

    169,000 SF retail property with redevelopment potential.

    5300-5304 W Fond Du Lac Ave, Milwaukee, WI

    View details
    Executive Drive Retail Opportunity
    $4,200,000
    24,834 SF
    Executive Drive Retail Opportunity

    Retail property for sale on Executive Drive in Sussex.

    W249N5245 and W249N5267 Executive Dr, Sussex, WI 53089

    View details
    Retail Center and Pad Site
    $750,000
    1.00 Acre
    Retail Center and Pad Site

    Retail strip center with high visibility and easy access.

    938 W Layton Ave, Milwaukee, WI

    View details
    Retail Space in High-Traffic Area
    Contact for pricing
    1,061 SF
    Retail Space in High-Traffic Area

    Retail space with high visibility and ample parking available for rent.

    22951 Watertown Rd, Pewaukee, WI

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Corner Lot in Beach Park
    $750,000
    1.36 Acres
    Corner Lot in Beach Park

    1.36 acre corner lot with high traffic visibility.

    12640 W WADSWORTH Road, Beach Park, IL 60087

    View details
    Commercial Land in Rockton, IL
    $550,000
    13.20 Acres
    Commercial Land in Rockton, IL

    13.2 acres of commercial land near downtown Rockton.

    N Main, Rockton, IL 61072

    View details
    Zoned Commercial General Development Land
    $550,000
    13.20 Acres
    Zoned Commercial General Development Land

    Commercially zoned acreage near Red Barn Golf Course and nearby housing, offering flexibility for a range of business uses.

    N Main Street, Rockton, IL 61072

    View details
    Elgin Land Development Opportunity
    $10,000,000
    40.40 Acres
    Elgin Land Development Opportunity

    40.4 acres on Randall Road, ideal for mixed-use development.

    40 Acres Randall Road, Elgin, IL 60123

    View details

    Off-Market Properties in Waukesha, WI

    Consider similar Off-Market properties in Waukesha, WI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    431 Sunset Dr
    SHOPPING CENTER, STRIP CENTER
    5,334 SF Lot: 0.52 Acres
    Estimated value
    $910,000

    431 Sunset Dr, Waukesha, WI 53189-7467

    View details
    1560 Moreland Blvd
    SHOPPING CENTER, STRIP CENTER
    21,291 SF Lot: 1.61 Acres
    Estimated value
    $2,720,000

    1560 Moreland Blvd, Waukesha, WI 53186-3913

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    1660 Main St
    SHOPPING CENTER, STRIP CENTER
    5,639 SF Lot: 0.91 Acres
    Estimated value
    $2,785,000

    1660 Main St, Waukesha, WI 53186-3943

    View details
    530 Sunset Dr
    SHOPPING CENTER, STRIP CENTER
    13,962 SF Lot: 1.67 Acres

    530 Sunset Dr, Waukesha, WI 53189-7033

    View details
    180 Sunset Dr
    SHOPPING CENTER, STRIP CENTER
    6,557 SF Lot: 0.74 Acres
    Estimated value
    $2,735,000

    180 Sunset Dr, Waukesha, WI 53189-2109

    View details
    2450 Grandview Blvd
    SHOPPING CENTER, STRIP CENTER
    13,217 SF Lot: 1.40 Acres
    Estimated value
    $2,420,000

    2450 Grandview Blvd, Waukesha, WI 53188-1605

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    234 Main St Ste, Unit 1
    SHOPPING CENTER, STRIP CENTER
    11,961 SF Lot: 0.46 Acres
    Estimated value
    $8,485,000
    Unit 1

    234 Main St Ste, Waukesha, WI 53186-4646

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    116 Sunset Dr
    SHOPPING CENTER, STRIP CENTER
    6,375 SF Lot: 0.56 Acres
    Value Estimation by Request

    116 Sunset Dr, Waukesha, WI 53189-2109

    View details
    801 Moreland Blvd
    SHOPPING CENTER, STRIP CENTER
    3,876 SF Lot: 0.61 Acres
    Estimated value
    $535,000

    801 Moreland Blvd, Waukesha, WI 53188-2971

    View details
    200 Delafield St
    SHOPPING CENTER, STRIP CENTER
    22,214 SF Lot: 1.88 Acres
    Estimated value
    $1,915,000

    200 Delafield St, Waukesha, WI 53188

    View details
    1401 Smt Ave
    SHOPPING CENTER, STRIP CENTER
    10,064 SF Lot: 0.73 Acres
    Estimated value
    $635,000

    1401 Smt Ave, Waukesha, WI 53188-3223

    View details
    2140 Saint Paul Ave
    SHOPPING CENTER, STRIP CENTER
    25,072 SF Lot: 2.47 Acres
    Estimated value
    $1,760,000

    2140 Saint Paul Ave, Waukesha, WI 53188-9541

    View details
    442 Sunset Dr
    SHOPPING CENTER, STRIP CENTER
    17,422 SF Lot: 1.81 Acres
    Estimated value
    $1,050,000

    442 Sunset Dr, Waukesha, WI 53189-7407

    View details
    325 En St
    SHOPPING CENTER, STRIP CENTER
    7,920 SF Lot: 0.80 Acres
    Estimated value
    $620,000

    325 En St, Waukesha, WI 53188-3731

    View details
    804 Sunset Dr
    SHOPPING CENTER, STRIP CENTER
    4,679 SF Lot: 1.08 Acres
    Estimated value
    $540,000

    804 Sunset Dr, Waukesha, WI 53189-7040

    View details
    301 Wn St
    SHOPPING CENTER, STRIP CENTER
    11,991 SF Lot: 1.43 Acres
    Estimated value
    $1,225,000

    301 Wn St, Waukesha, WI 53188-5196

    View details
    101 Sunset Dr
    SHOPPING CENTER, STRIP CENTER
    27,738 SF Lot: 3.08 Acres
    Estimated value
    $960,000

    101 Sunset Dr, Waukesha, WI 53189-7604

    View details
    1921 Silvernail Rd
    SHOPPING CENTER, STRIP CENTER
    6,890 SF Lot: 0.64 Acres
    Estimated value
    $520,000

    1921 Silvernail Rd, Waukesha, WI 53186

    View details
    2320 Moreland Blvd
    SHOPPING CENTER, STRIP CENTER
    7,000 SF Lot: 0.81 Acres
    Estimated value
    $840,000

    2320 Moreland Blvd, Waukesha, WI 53186-2948

    View details
    1427 Racine Ave
    SHOPPING CENTER, STRIP CENTER
    27,950 SF Lot: 3.43 Acres
    Estimated value
    $920,000

    1427 Racine Ave, Waukesha, WI 53186-6468

    View details
    2177 Silvernail Rd
    SHOPPING CENTER, STRIP CENTER
    10,694 SF Lot: 1.53 Acres
    Estimated value
    $810,000

    2177 Silvernail Rd, Waukesha, WI 53186

    View details
    131 Sunset Dr
    SHOPPING CENTER, STRIP CENTER
    31,438 SF Lot: 3.00 Acres
    Estimated value
    $1,735,000

    131 Sunset Dr, Waukesha, WI 53189-7601

    View details

    Waukesha, WI Strip Malls Investment Opportunities Market Analysis

    Explore 31 strip malls for sale in Waukesha, WI on our real estate platform. These investment opportunities span a total of 25,070 square feet of properties for sale, with an estimated market value of $8,263,000.

    Sale prices for retail strips in Waukesha, WI start at $0.00, averaging $4,131,500, and reaching up to $8,263,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Shopping centers 4
    Grocery and convenience stores 3
    Showrooms 1
    Storefront properties 1

    Demographics Overview

    Population 94K
    Population Growth (5Y) -1.6%
    Median Household Income $91,007
    College Educated 41.2%

    High-Yield Neighborhoods for Investment

    Identify Waukesha submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    53186 $8.3M

    Taxes & Financing

    Tax Rate (average for all types) 1.37%
    Property Tax per SF $17.25 per SF
    Tax Rate vs County Average 0.11 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Waukesha County

    New Delisted

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