Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    232 E Springer Ave Elmwood, WI 54740

    For Sale
    $995,000

    COMMERCIAL - Elmwood, WI

    Property size:
    28,549 SF
    Lot size:
    2.36 Acres
    Days on Market:
    25
    Last Refresh:
    Dec 5 at 3:06 pm

    Property Features for 232 E Springer Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    122010390500
    Accessibility
    Accessible Approach with Ramp
    Size
    28,549 SF
    Lot size
    2.36 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Hot Water(Heating), Forced Air
    Cooling system
    Ductless, Central Air
    Water source
    Public

    Building Details

    Year built
    1973
    Building materials
    Brick

    Central WI Real Estate Holdings, LLC (715) 514-4265 [email protected]

    Listing agent Brandi Gregory (715) 598-3500 License #82301-94

    Listing date Nov 11, 2025

    Copyright © 2025 Northwestern Wisconsin Multiple Listing Service. 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 Nursing Home/Medical Clinic

    This commercial property, formerly a nursing home and medical clinic, offers over 28,000 square feet of space. The brick building presents a substantial investment opportunity and could accommodate various uses, including conversion to housing or a temperature-controlled storage facility. The current layout features a front vestibule entry and reception area, a private office, and a common area living room. It includes five wings configured as 33 resident rooms, along with several common spaces and a back area that previously served as a commercial kitchen. A prior medical clinic is integrated into the building, complete with a waiting room, reception area, two public restrooms, a lab, a staff restroom, an X-Ray room, five exam rooms, one procedure room, and two offices. An additional building with an unfinished basement, previously used for storage, is also located on the property. A new furnace system was installed within the past couple of years. Ample paved parking is available, with approximately 37 spaces. The property is situated on 2.36 acres in Elmwood, Wisconsin.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Nursing homes

    Suggested Use

    Realty agency Restaurant Spa & Massage Hair Salon Nail Salon Auto Repair Shop Gym & Fitness Wholesale Shop Auto Parts Store Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Elmwood
    County
    Pierce
    State
    Wisconsin
    Longitude
    -92.144264
    Latitude
    44.781869

    Nearby Similar for Sale

    • $995,000
      28,549 SF

      Elmwood WI Commercial Building

      Versatile 28,549 sq ft office space.
      232 Springer Ave, Elmwood, WI 54740
      View Details

    FAQs

    What type of property is this?
    Nursing home - 28,000+ sqft brick building suitable for various commercial uses.
    Where is this nursing home located?
    The property is located at 232 E Springer Ave Elmwood, WI.
    What is the asking price?
    The asking price for this property is $995,000.
    What are key features of this property?
    This property features: - Large 28,000+ sqft brick building suitable for various uses.; - Previously used as a nursing home and medical clinic, offering a versatile layout.; - Fully equipped former medical clinic space with exam rooms, lab, and X-Ray room.
    (715) 598-3500
    Request Owner's contact information
    232 E Springer Ave Elmwood, WI 54740
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    232 E Springer Ave
    Elmwood, WI 54740
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    232 E Springer Ave Elmwood, WI 54740
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.