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Listed by LORA BLADOW • RE/MAX EXCEL
$ 565,000
Est. payment /mo
Active
5601 SHERMAN STREET Wausau, WI 54401
6,800 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 6,800 sqft
Price per Sqft $83
Municipality WAUSAU
MLS Listing ID 22504929
Year Built 1997
Lot Size 1.310 Acres
Acres 1.31
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 2
Location
State WI
County Marathon
Zoning Other
Interior
Interior Features Smoke Alarm
Heating Natural Gas
Cooling Hot Water, Central Air
Exterior
Exterior Feature Vinyl
Roof Type Composition/Fiberglass,Shingle
Building
Story 1
Sewer Municipal Water
New Construction N
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