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    5601 Sherman St Wausau, WI 54401

    For Sale
    $565,000

    Real Estate For Sale - Wausau, WI

    Property size:
    6,800 SF
    Lot size:
    1.31 Acres
    Days on Market:
    63
    Last Refresh:
    Dec 15 at 8:06 am

    Property Features for 5601 Sherman St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Other
    Parking features
    Garage, Paved or Surfaced
    Size
    6,800 SF
    Lot size
    1.31 Acres

    Utilities

    Heating system
    Hot Water (Heating)
    Cooling system
    Central Air

    Building Details

    Roof type
    Composition, Shingle
    Architectural style
    Other

    RE/MAX EXCEL (715) 849-5544 [email protected]

    Listing agent LORA BLADOW (715) 849-5544 License #66286-94

    Listing date Oct 14, 2025

    MLS# 22504929 Listing URL

    Copyright © 2025 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.

    Overview

    Former CBRF Ideal for Redevelopment

    Located on Wausau's west side near Highway 29 and the industrial park, this former Community-Based Residential Facility (CBRF) presents an opportunity for investors and developers. The property, designed for residential care use, features 12 bedrooms, 4 full baths, 2 half baths, a full commercial kitchen, an office area, a gathering area, and a meditation room. Additional features include a 2-car detached garage, on-site laundry with 2 washers and 2 dryers, a security system, and a sprinkler system. Built on a slab, the 6,800 square foot building sits on a 1.31-acre lot. The property's layout is suitable for affordable housing, senior living, independent apartments, or transitional housing. Its existing infrastructure and residential amenities also make conversion cost-effective for uses such as behavioral health services, outpatient care, or community resource centers. Updates include a new roof in 2012, AC motors replaced in 2024, and two boilers, one new in 2024 and one with a new pressure tank and spiral vents in 2024. A stainless commercial fridge is scheduled to be installed in 2025. The property benefits from excellent parking and proximity to major routes.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Senior housing facilities

    Suggested Use

    Realty agency Restaurant Building Supply Auto Repair Shop Pharmacy Gym & Fitness Wholesale Shop Hotel & Motel Department Store Kitchen & Bath

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wausau
    County
    Marathon
    State
    Wisconsin
    Longitude
    -89.707
    Latitude
    44.951116

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    FAQs

    What type of property is this?
    Senior housing facility - Former Community-Based Residential Facility (CBRF) with redevelopment potential in Wausau.
    Where is this senior housing facility located?
    The property is located at 5601 Sherman St Wausau, WI.
    What is the asking price?
    The asking price for this property is $565,000.
    What are key features of this property?
    This property features: - Flexible PUD zoning allows for diverse development options (affordable housing, senior living, apartments, etc.).; - Purpose-built former CBRF with existing infrastructure reduces conversion costs for various uses.; - Located on Wausau's west side near Highway 29 and the industrial park with excellent parking.
    (715) 849-5544
    Request Owner's contact information
    5601 Sherman St Wausau, WI 54401
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    Wausau, WI 54401
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5601 Sherman St Wausau, WI 54401
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