About This Home

This 0-bedroom, 0-bathroom single family at 5601 SHERMAN STREET in Wausau, WI is listed for $525,000 ($77 per sqft). Built in 1997, the home offers 6,800 sqft of living space on a 1.31 acres lot.

Key Features

  • Built in 1997
  • 1.31 acre lot

Property Details

1997

Amenities

A/C
Listing 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.

Monthly Cost Estimate

$2,808/mo

20% down · 6.5% · 30 years

Principal$380
Interest$2,275
Insurance$153

Estimates only. Actual payments may vary.

Location

5601 SHERMAN STREET

Wausau, WI 54401

Property Details

Construction

Vinyl

Parking

Garage

Heating

Hot Water(Heating)

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom single family at 5601 SHERMAN STREET is listed at $525,000 ($77/sqft). The estimated monthly payment is $2,808 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1997, 1.31 acre lot.

This property is listed by LORA BLADOW.

LB

LORA BLADOW

Agent at RE/MAX EXCEL

Listed by RE/MAX EXCEL · Broker phone: (715) 849-5544 · Broker website

MLS# 22504929· Source: Central Wisconsin MLS· 381 days on PropertySimple

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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