33-Room Assisted Living
For Sale
Under Contract
$750,000
232 E Springer Avenue, Elmwood, WI 54740
CommercialSale, Elmwood, WI
Property Size28,549 SF
Lot Size2.36 Acres
Price / SF$26.27
Days on Market938
Property Features for 232 E Springer Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Accessibility
Accessible Approach with Ramp
Subdivision
Nordrum Addition
Elementary school district
Elmwood
Middle school district
Elmwood
High school district
Elmwood
Directions
Coming from Menomonie I94, travel south on County Hwy 25 to Downsville then head west on County Hwy 72 to Elmwood, Hwy 72 turns into Race Avenue to North on Public/County P turn East on Springer Avenue. Rock on site says Heritage.
Standard status
Active Under Contract
APN
122010390500
Size
28,549 SF
Lot size
2.36 Acres
Taxes and HOA fees
Tax Year
2023
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Hot Water(Heating)
Cooling system
Ductless, Central Air
Water source
Public
Amenities
front vestibule entry
reception area
private office
common area living room
33 resident rooms
common spaces
commercial kitchen
medical clinic
waiting room
lab
X-Ray room
exam rooms
procedure room
offices
new furnace system
Building Details
Year built
1973
Building materials
Brick
Listing Agency:
Keller Williams Realty Diversified
(715) 514-4265
Listed By:
Brandi Gregory · License #82301-94
(715) 598-3500
Added: Feb 16, 2024
Changed: Sep 5
Last Checked: Sep 11 at 6:06AM
MLS# 1578658
Copyright © 2026 REALTORS® Association of Northwestern Wisconsin. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 28,549-square-foot brick facility was built in 1973 and previously served as a nursing home and medical clinic. The interior includes 33 resident rooms arranged across five wings, along with reception and vestibule areas, a living room, multiple common spaces, and a former commercial kitchen. The clinic component includes a waiting area, two public restrooms, laboratory, staff restroom, X-Ray room, five exam rooms, procedure room, and two offices.
The property occupies 2.36 acres and includes an additional structure with an unfinished basement that was used for storage. Approximately 37 paved parking spaces serve the site. Public water and public sewer are in place, with forced-air and hot-water heating, central air, ductless cooling, and an accessible ramp approach. A furnace system was installed within the past couple of years. The layout may support assisted living, another care-related use, or conversion to housing through renovation, as described in the property information.
The property occupies 2.36 acres and includes an additional structure with an unfinished basement that was used for storage. Approximately 37 paved parking spaces serve the site. Public water and public sewer are in place, with forced-air and hot-water heating, central air, ductless cooling, and an accessible ramp approach. A furnace system was installed within the past couple of years. The layout may support assisted living, another care-related use, or conversion to housing through renovation, as described in the property information.
Key Highlights
- 28,549‑square‑foot brick facility on 2.36 acres
- 33 resident rooms arranged across 5 wings
- Former clinic includes 5 exam rooms, a procedure room, lab, X‑Ray room, and 2 offices
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
78
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
Demographics for 54740, WI
2,000
Population
837
Households
2.4
Avg Household Size
45
Median Age
23%
College-Educated
96%
High-School Grad
83.4 sq mi
ZIP Area
24
Density / Sq Mi
$75,505
Median Household Income
$47,533
Median Earnings
$853
Median Rent
$225,800
Median Home Value
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Frequently Asked Questions
What type of property is this?
Assisted living facility - Brick care facility with resident rooms, clinic areas, and paved parking.
Where is this assisted living facility located?
The property is located at 232 E Springer Avenue Elmwood, WI.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 28,549‑square‑foot brick facility on 2.36 acres; 33 resident rooms arranged across 5 wings; Former clinic includes 5 exam rooms, a procedure room, lab, X‑Ray room, and 2 offices
