2305 Sherman StWausau, WI 54401

Property Details for 2305 Sherman St

Year built

2000

Lot size

1.58 AC

Zone code

IB

Property type

Other commercial real estate

APN

291-2907-343-0939

APU

29129073430939

Description

This exceptional 23,311-square-foot commercial property, built in 2009 and renovated in 2019, sits on a 1.58-acre lot in Wausau, Wisconsin. Ideally situated just off I-39, near Corporate Cove and a Courtyard by Marriott, this two-story building offers a prime location for continued success. The property boasts a substantial 325-person capacity banquet facility, perfect for large-scale events, and a separate 60-person capacity meeting room with its own kitchen. Multiple dining areas accommodate 293 guests, complemented by four full-service interior bars and an additional outdoor bar serving the beer garden. Three interior and one exterior service stations ensure efficient operations. The asking price is $1,999,900, and a sale/leaseback option is available. This presents a remarkable investment opportunity in a thriving Wisconsin market. The property's size, amenities, and strategic location make it an attractive prospect for a variety of hospitality businesses. This turnkey operation is ready for a new owner to capitalize on its established success. The property is located at 2305 Sherman Street, Wausau, WI 54401.

• Alternative Use

  Use

  Valuation

  Residential

  $14,215,237

  Hospitality

  $13,021,081

  Educational

  $10,833,386

  Medical

  $11,205,963

  Retail

  $16,851,934

Location Insight

City

Wausau

County

Marathon

State

Wisconsin

Latitude

44.9513

Longitude

-89.6648

CBSA code

48140

CBSA name

WAUSAU-WESTON, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].