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    Elmwood, WI Assisted Living Facilities for Sale

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    Brick Healthcare Facility with Parking
    Updated: Feb 16, 2024
    Brick Healthcare Facility with Parking

    232 E Springer Avenue, Elmwood, WI 54740

    $750,000
    28,549 sqft 2.36 AC lot
    Brick commercial building (former nursing home and medical clinic) built in 1973, with over 28,000 sqft of space
    Layout includes front vestibule entry, reception, private office, common area living room, and 5 wings set up as 33 resident rooms
    Nursing home/care configuration also includes common spaces plus back area formerly used as a commercial kitchen
    Medical clinic area features waiting room, reception, two public restrooms, lab, staff restroom, X‑ray room, five exam rooms, one procedure room, and two offices
    Additional building with unfinished basement, previously used as additional storage
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    Former Nursing Home and Clinic
    Updated: Feb 19, 2024
    Former Nursing Home and Clinic

    232 E Springer Avenue, Elmwood, WI 54740

    $895,000
    28,549 sqft 2.36 AC lot
    Large 28,000+ sqft brick building suitable for assisted living or redevelopment.
    Previously used as a nursing home and medical clinic, offering potential for immediate use as a care facility.
    Includes a fully equipped former medical clinic with exam rooms, lab, X‑Ray room, and offices.
    Layout features 33 resident rooms, common areas, and a former commercial kitchen.
    New furnace system installed within the past couple years.
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Elmwood, WI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Adult Foster Care Facility
    Adult Foster Care Facility

    5840 Culver Road, Traverse City, MI 49685

    $995,000
    5,545 sqft 1.00 AC lot

    Adult foster care facility with owner/staff housing in Traverse City.

    View details
    Adult Foster Care Facility with Suite
    Adult Foster Care Facility with Suite

    Palmer, MI 49871

    $345,000
    5,200 sqft 0.25 AC lot

    Licensed adult foster care home with flexible multi-living layout and transferable inspections, plus heated attached garage and ample parking.

    View details
    Adult Foster Care and Hospitality Property
    Adult Foster Care and Hospitality Property

    101 Kirkpatrick Avenue, Palmer, MI 49871

    $345,000
    5,200 sqft 0.25 AC lot

    Licensed adult foster care home with multi-level living space and a heated attached garage on a corner lot with paved access.

    View details
    Industrial Zoned Assisted Living Building
    Industrial Zoned Assisted Living Building

    3167 Cass Rd, Traverse City, MI 49684

    Contact for pricing

    Flat, industrial-zoned property with 100' road frontage and an assisted living building vacating by April 1.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Development Land in Wisconsin Dells
    Development Land in Wisconsin Dells

    507 Clara Avenue lot: 3 & 4, Wisconsin Dells, WI 53965

    $469,900
    5.94 AC lot

    5.94 acres of wooded land with development potential.

    View details
    Corner Commercial Land with Road Frontage
    Corner Commercial Land with Road Frontage

    1531 Kyle Street, Eaton Rapids, MI 48827

    $84,900
    1.57 AC lot

    1.57-acre corner commercial lot with blacktop frontage on two roads and visibility from Main St.

    View details
    Prime Commercial Land Opportunity
    Prime Commercial Land Opportunity

    VL W Carleton Road, Jonesville, MI 49250

    $1,850,000
    27.00 AC lot

    27-acre commercial land with high visibility and development potential.

    View details
    Prime Commercial Land Opportunity
    Prime Commercial Land Opportunity

    VL W Carleton Road, Jonesville, MI 49250

    $1,850,000
    27.00 AC lot

    27-acre commercial land with high visibility and development potential.

    View details

    Elmwood, WI Assisted Living Facilities Market Trends and Statistics

    Explore 2 assisted living facilities for sale in Elmwood, WI on our real estate platform. These investment opportunities span a total of 57,098 square feet of properties for sale, with an estimated market value of $1,645,000.

    Sale prices for assisted living facilities in Elmwood, WI start at $750,000, averaging $822,500, and reaching up to $895,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Assisted living facilities 3
    Medical centers 3
    Nursing homes 3

    Demographics Overview

    Population 1,858
    Population Growth (5Y) +0.1%
    Median Household Income $75,505
    College Educated 28.2%

    High-Yield Neighborhoods for Investment

    Identify Elmwood submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    54740 $822.5K

    Taxes & Financing

    Tax Rate (average for all types) 1.74%
    Tax Rate vs County Average 0.12 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Pierce County

    New Delisted

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