5601 Sherman Street, Wausau, WI

$565,000

6,800

Square feet

1.31

Acres

About 5601 Sherman Street

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.

Features of 5601 Sherman Street

MLS® # 22504929
Price $565,000
Square Footage 6,800
Acres 1.31
Year Built 1997
Type Commercial
Sub-Type Real Estate For Sale
Status ACTIVE

Community Information

Address 5601 Sherman Street
Area Wausau
City Wausau
County Marathon County
State WI
Zip Code 54401

Amenities

Parking Common, Paved, Parking Garage, Blacktop/Asphalt, 11-25spaces
Is Waterfront No
Has Pool Yes

Interior

Heating Hot Water
Cooling Central
Fireplace No
# of Stories 1
Has Basement No
Basement None / Slab

Exterior

Roof Composition, Shingle
Construction Vinyl

Additional Information

Date Listed October 13th, 2025
Zoning Other
Foreclosure No
Short Sale No
Tax Year 2025
Agent Lora Bladow
Office RE/MAX EXCEL

Listing Details

OfficeRE/MAX EXCEL
Contact InfoPhone: 715-218-9666

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