WI
Marathon
Wausau
54401
5601 Sherman Street
5601 Sherman Street, Wausau, WI 54401
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Listing Type
Commercial/Industrial
Listing Status
active
60
$565,000

Home Details for 5601 Sherman Street

Price
$565,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
1997
Lot size acres
1.31
County
Marathon
Garage
Days on site
24
MLS Listing#
22504929
Property Description

Attention Investors and Developers! Discover the potential of this former Community-Based Residential Facility (CBRF) on Wausau's west side near Highway 29 and the industrial park: a rare opportunity to acquire a solid, purpose-built property with flexible PUD zoning possibilities. Designed for residential care use, this well-maintained building offers 12 bedrooms, 4 full baths, 2 half baths, a full commercial kitchen, an office area, gathering area, meditation room, a 2 car detached garage and so much more. This layout is ideal for affordable housing, senior living, independent apartments, or transitional housing. Its existing infrastructure and residential amenities make conversion cost-effective for a variety of uses, including behavioral health services, outpatient care, or community resource centers. With excellent parking, and proximity to major routes, this property is ready for its next chapter. Unlock the potential where your investment vision meets opportunity. Updates include: new roof 2012, City of Wausau garbage/recycling, AC motors replaced 2024, 2 Boilers, 1 new in 2024 and 1 with new pressure tank and spiral vents in 2024, stainless commercial fridge new in 2025. Additional features: built on a slab, 2 car garage, on site laundry with 2 washers and 2 dryers, security system, & sprinkler system.

Property Features
  • Heating Information
    • Hot Water
    • Natural Gas
  • Cooling Information
    • Central Air
  • Water Features
    • Public
Listing Courtesy: RE/MAX EXCEL - 715-849-5544
The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of Central Wisconsin Multiple Listing Service, Inc. The information published and disseminated by the Service is communicated verbatim, without change by the Service, as filed with the Service by the Participant. The Service does not verify such information provided and disclaims any responsibility for its accuracy. Copyright © 2025 Central Wisconsin Multiple Listing Service, Inc. All Rights Reserved.
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4111 Schofield Ave #10, Weston, WI 54476
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