$565,000

0 Beds 0 Baths 6,800 Sqft

5601 Sherman Street, Wausau, WI 54401

Property Type: Commercial
Time on Market: 184 days
Price per Sqft: $83
Lot Size: 50000+,57,064
Total Taxes: $9,453
Est. Age: 21+ Years

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 2

Property Details

Interior

Heating/Cooling:
  • Hot Water, Central Air
Heat Fuel:
  • Natural Gas
Interior Features:
  • Smoke Alarm
Sqft:
  • Total Sqft: 6,800
  • Estimated Sqft Range: 5001 or more

Exterior

Acreage:
  • Range: 1 to 4.99
Exterior:
  • Vinyl
Lot:
  • Size: 50000+,57,064
Parking:
  • Details: Shared, Parking Garage, Parking Lot
Roofing:
  • Composition/Fiberglass,Shingle
Water:
  • Waterfront: N
Water/Waste:
  • Municipal Water

Misc.

Commercial:
  • Features: Living Space, Inside Storage, Outside Storage, Interior Sprinkler, Security System, Fenced Yard, Kitchen Area, Smoke Detector(s)
New Construction:
  • N
Postal:
  • Code: 54401
Real Estate Included:
  • Y
Street:
  • Name: SHERMAN STREET
  • Suffix: STREET
Tax Year:
  • 2025
Value Range:
  • Pricing: N
Zoning:
  • Other

Map

Listing Agent-Provided Directions:
  • S 56th Ave to Sherman St.

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Schools and Neighborhood

Postal City:
  • Wausau
Municipality:
  • Name: WAUSAU
  • Type: City
County:
  • MARATHON

Market Comparison

How this property compares to local market averages — calculated 4/17/2026

This Property
Wausau Commercial Property Avg
Marathon County Commercial Property Avg
List Price
$565,000
$465,086
$477,045
Median Price
$87,450
$124,950
Price / Sq Ft
$83
$62
$63
Days on Market
184 days
215 days
203 days
Total Listings
70
134

Listing Information

  • Time on Market: 184 days
  • Place Perfect Last Updated: 2025-12-17 10:17:38
  • MLS Number: 22504929
  • Subsystem Locale: WIREX_CWBR
  • Listing Office: RE/MAX EXCEL
  • Listing Agent: LORA BLADOW
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This information is provided by WIREX via the REALTORS Association of Northeast Wisconsin multiple listing service and is exclusively for consumers’ personal, non-commercial use. Information is deemed reliable but not guaranteed.

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