5601 SHERMAN STREET, Wausau, WI 54401 | MLS #22504929 | First Weber
  

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Listing provided courtesy of RE/MAX EXCEL- MLS# 22504929MLS ProviderContact Information: Phone: 715-218-9666

5601 SHERMAN STREETWausau, WI 54401

Commercial
$565,000 Active

5601 SHERMAN STREET Overview

Time on Site:
258 days
Visits:
246

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.

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5601 SHERMAN STREET Facts & Features

  • Type Commercial

Details

General

Listing Information

  • Sale/Rent: For Sale

Building Information

  • Year Built: 1997

Location/Region

  • County Or Parish: Marathon County
  • Location: Business District, Near Major Highway, Residential Area
  • MLS Area Major: Wausau

Lot Information

  • Total Acres: 1.31

Rent/Lease Information

  • Tenant Pays: Other

Tax Information

  • Tax Annual Amount: $9,453.18
  • Tax Year: 2025

General Information

  • Age: 28
  • Fuel Type: Natural Gas
  • Miscellaneous: Gas Hot Water Heater, Living Area In Building, Inside Storage, Outside Storage, Fire Alarm, Sprinkler System, Security System, Fencing, Handicap Access, Kitchen Area, Out Building, Reception Area, ADA Compliance, Smoke Detectors
  • Possible Use: Office, Business, Mixed Use, Other, Apartment building, CBRF/Group/Nursing Home, Day care, Special Purpose
  • Property Sub Type: Real Estate For Sale
  • Property Type: Commercial/Industrial
  • Zoning: PUD

Interior

Building Information

  • Electrical/Communications: High Speed Internet Acces
  • Total Finished Sq Ft: 6800

Building Interior

  • # Of Entry Doors: 5
  • Building Area Total: 5001-10000

General Information

  • Basement: None / Slab
  • Cooling: Central
  • Heating: Hot Water
  • Stories Total: 1

Exterior

Parking Information

  • Parking Features: Common, Paved, Parking Garage, Blacktop/Asphalt, 11-25spaces

Lot Information

  • Lot Size Area: 57, 064
  • Lot Size Square Feet: 50000+
  • Number Of Buildings: 1
  • Water Source: Municipal Water

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Vinyl
  • Roof: Composition, Shingle

5601 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.

5601 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.

5601 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

5601 SHERMAN STREET History

Date Event Value Agent
10/14/2025Source: Central WI MLS Added to Database
October 14, 2025