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About This Home

This 0-bedroom, 0-bathroom commercial at 5601 SHERMAN STREET in Wausau, WI is listed for $565,000 ($83 per sqft). the home offers 6,800 sqft of living space on a 1.31 acres lot.

Agent 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.

Key Features

  • 1.31 acre lot

Monthly Cost Estimate

$3,022/mo

20% down · 6.5% · 30 years

Principal$409
Interest$2,448
Insurance$165

Estimates only. Actual payments may vary.

Location

5601 SHERMAN STREET

Wausau, WI 54401

Property Details

Parking

GaragePaved or Surfaced

Heating

Hot Water (Heating)

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 5601 SHERMAN STREET is listed at $565,000 ($83/sqft). The estimated monthly payment is $2,448 based on 20% down at 6.5% interest.

Key features include: 1.31 acre lot.

This property is listed by LORA BLADOW and can be reached at 7152189666 or lorabladow@gmail.com.

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LB

LORA BLADOW

Agent at RE/MAX EXCEL

(715) 218-9666

Listed by RE/MAX EXCEL · View on Broker Site

MLS# 22504929· Source: listhub· Updated 179 days ago

Copyright © 2026 Central Wisconsin MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

5601 SHERMAN STREET, Wausau, WI 54401

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