5601 SHERMAN STREET, Wausau, WI 54401
Marathon County
Key Facts
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 Information
Property Type
Commercial Sale
Year Built
1997
Stories
1
Living Area
6,800 sq ft
Lot Size
1.31 acres
Zoning
Other
Days on Market
77
MLS® Listing#
22504929
Property Features
Appliances
Cooling
Heating
Parking
Construction
Roof
Security
Other Structures
Water Source
Financial Details
Annual Taxes
$9,453
Tax year 2025
Directions
S 56th Ave to Sherman St.
Affordability Calculator
$113,000
Estimated monthly payment
$3,007/mo
Principal $452,000 · Est. interest $630,580 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Wausau, WI
- $314,706
- Median Listing Price
- 22
- Median Days on Market
- 2,190
- Median Sq Ft
- $145
- Median Price / Sq Ft
- 71
- Active Listings
- This home’s price is 80% above the area median.
- Its price per sq ft is 43% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Wausau, WI.
Location
Points of Interest in Wausau, WI
Showing the Wausau area map.
Nearby Schools
Stettin Elementary School
Elementary · 0.9 mi away
Montessori School of Wausau
Elementary · 2.3 mi away
Rib Mountain Elementary School
Elementary · 2.3 mi away
GD Jones Elementary School
Elementary · 2.7 mi away
John Muir Middle School
Secondary · 2.8 mi away
Lincoln Elementary School
Elementary · 3.1 mi away
Newman Catholic Elementary School
Elementary · 3.1 mi away
Wausau West High School
Secondary · 3.2 mi away
Our Saviors Lutheran Church
School · 3.2 mi away
Trinity Lutheran School
School · 3.2 mi away
South Mountain Elementary School
Elementary · 3.5 mi away
Grant Elementary School
Elementary · 3.5 mi away
AC Kiefer Educational Center
School · 3.6 mi away
Mountain View Montessori
Elementary · 3.6 mi away
Thomas Jefferson Elementary School
Elementary · 3.8 mi away
Hillside Christian School
School · 3.9 mi away
John Marshall Elementary School
Elementary · 4.1 mi away
Wausau School District
School · 4.2 mi away
Zion Lutheran Church
Elementary · 4.2 mi away
Franklin Elementary School
Elementary · 4.2 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 225271 CAMELLIA STREET, Wausau, WI | $399,900 | 4 | — | 3,069 |
| 1615 GEMINI PLACE, Wausau, WI | $414,900 | 3 | — | 2,692 |
| 226904 RIB MOUNTAIN DRIVE, Wausau, WI | $425,000 | — | — | 30,144 |
| 1605 BECHER DRIVE, Wausau, WI | $430,000 | 4 | — | 3,262 |
| 1012 EASTHILL PLACE, Wausau, WI | $444,900 | 3 | — | 3,180 |
| 231827 Twin Fawn Trail, Wausau, WI | $448,300 | 3 | — | 2,018 |
Moving Cost Estimate
EXIT Agents in Wausau
Listing Courtesy: REMAX EXCEL - Phone: 715-218-9666