2305 SHERMAN STREET, Wausau, WI 54401 | MLS #22232747 | First Weber   
 
Listing provided courtesy of REMAX EXCEL- MLS# 22232747MLS ProviderContact Information: Phone: 715-302-0552

2305 SHERMAN STREETWausau, WI 54401

Commercial
$999,900 Active - With Offer

2305 SHERMAN STREET Overview

Time on Site:
1095 days
Visits:
574

Beautiful 23,000 + square foot building located on 1.58 acres. Owner willing to do a sale / lease back. Great investment opportunity. The building features a 325-person capacity banquet facility, 60-person capacity meeting room with their own dedicated kitchen. Three service stations inside and one service station outside. The building also features Two sectioned dining rooms and a private dining room with a combined seating capacity of 293. There are four full-service bars and one full-service bar outside for the beer garden. The building is in an excellent location just off I-39 next to Corporate Cove and Courtyard by Marriot.

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2305 SHERMAN STREET Facts & Features

  • Type Commercial

Details

General

Listing Information

  • Sale/Rent: For Sale

Building Information

  • Year Built: 2009

Location/Region

  • County Or Parish: Marathon County
  • Location: Near Major Highway
  • MLS Area Major: Wausau

Lot Information

  • Total Acres: 1.58

Tax Information

  • Tax Annual Amount: $44,472.56
  • Tax Year: 2024

General Information

  • Age: 17
  • Fuel Type: Natural Gas
  • Miscellaneous: Utility Separate Meter
  • Possible Use: Retail, Restaurant/Bar, Office, Business, Shopping Center
  • Property Sub Type: Real Estate For Sale
  • Property Type: Commercial/Industrial
  • Zoning: Commercial

Interior

Building Information

  • Total Finished Sq Ft: 23311

Building Interior

  • Building Area Total: 20001+

General Information

  • Basement: Exposed
  • Cooling: Central
  • Seating Capacity: Over 100 Persons
  • Stories Total: 2

Exterior

Parking Information

  • Parking Features: 26 or more

Lot Information

  • Lot Size Area: 1.58 Acres
  • Lot Size Square Feet: 50000+
  • Number Of Buildings: 1
  • Water Source: Municipal Sewer, Municipal Water

Building Exterior/Construction

  • Architectural Style: 2 Story
  • Construction Materials: Brick, Stucco, Wood
  • Roof: Shingle

2305 SHERMAN STREET Neighborhood

Community

54401 (Wausau) Demographics

40
Median Age
360
Population Density (per sq. mile)
44%
College Educated
$53,378
Estimated Median Income
8,462
Estimated Total Home Owners
4,970
Estimated Total Renters
63% / 37%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

2305 SHERMAN STREET Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

2305 SHERMAN STREET Market Data

Based on the last 30 days in this zip code

$414,726
Average List Price
$178
Average Price per Square Foot
29
Properties Sold
55
Average Days on Market
76
Properties for Sale
Calculations provided by Reliance Network

2305 SHERMAN STREET History

Date Event Value Agent
6/26/2026Source: Central WI MLS Status Change
Active - With Offer
5/28/2026Source: Central WI MLS Price Reduction
$999,900 -33.3%
5/18/2026Source: Central WI MLS Price Reduction
$1,499,900 -9.1%
4/15/2026Source: Central WI MLS Price Reduction
$1,649,900 -2.9%
3/6/2026Source: Central WI MLS Price Reduction
$1,699,900 -5.6%
8/28/2025Source: Central WI MLS Price Reduction
$1,799,900 -5.3%
7/31/2025Source: Central WI MLS Price Reduction
$1,899,900 -5.0%
7/28/2025Source: Central WI MLS Added to Database
June 30, 2023
7/28/2025Source: Central WI MLS Price Reduction
$2,299,900 -8.0%
7/28/2025Source: Central WI MLS Price Reduction
$1,999,900 -13.0%