5601 SHERMAN STREET Active

Wausau,WI 54401

$ 565000

- Bed

- Bath

6800 SqFt


Key Details

Property Type Commercial

Sub Type Real Estate For Sale

Listing Status Active

Purchase Type For Sale

Square Footage 6,800 sqft

Price per Sqft $83

MLS Listing ID 22504929

Year Built 1997

Lot Size 1.310 Acres

Property Sub-Type Real Estate For Sale

Property 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.

Location

State WI

County Marathon County

Area Wausau

Zoning Other

Rooms

Other Rooms 6

Interior

Heating Hot Water

Cooling Central

Exterior

Roof Type Composition,Shingle

Building

Story 1

Sewer Municipal Water

Water Municipal Water

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