1575 E Racine Ave — Sale in Waukesha, WI

  • Price: $485K
  • Listing type: For sale
  • Asset type: Office
  • Location: Waukesha, WI 53186
  • Size: 2,076 SF

Investment Figures

Price per square foot
$234

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

– Former Dental Office – Centrally located in Waukesha County – Monument signage on Racine Avenue – Located between Sunset Drive and Bluemound Road retail corridors – Zoning allows for various professional uses https://waukesha.municipalcodeonline.com/book?type=ordinances#name=22.36_B-4_Office_And_Professional_Business_District

Market Context

This office in Waukesha, WI is listed for sale at $485,000 across 2,076 SF. It has been on the market for 53 days. Compare it against other office listings for sale in Waukesha, WI — view the full market.

As of Q1 2026, the Milwaukee office market showed average asking rents near $42.84/SF/yr, and cap rates around 9.0%. Source: multiple brokerage reports, Q1 2026.

Office market FAQ

What is the typical cap rate for office in Milwaukee?
About 9.0% as of Q1 2026, per multiple brokerage reports.

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