Search
Versatile Commercial Building with Clinic
For Sale
$750,000
Pending

232 E Springer Avenue, Elmwood, WI 54740

Spacious 28,000+ sqft building suitable for various commercial uses.

Property Size28,549 SF
Days on Market929

Property Features for 232 E Springer Avenue

General Information

Standard status Pending
Size 28,549 SF
Property subtype Commercial/Industrial

Building Details

Year Built 1973
Listing Agency: Keller Williams Realty Diversified
Listed By: Brandi Gregory · License #82301-94
Source: Exitrealty
Added: Feb 19, 2024 Changed: Sep 3 Last Checked: Sep 1 at 12:22PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty Diversified

Investment Insights

Based on property information with market context.

This commercial building, formerly a nursing home and medical clinic, offers over 28,000 sqft of space. The brick building's layout includes a front vestibule entry, reception area, private office, and a common area living room. It features five wings configured with 33 resident rooms, along with several common spaces and a back area that previously served as a commercial kitchen. The property also incorporates a former medical clinic space, complete with a waiting room, reception area, two public restrooms, a lab, staff restroom, 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 present. A new furnace system has been installed within the past couple of years. The property includes ample paved parking with approximately 37 spaces. The property could accommodate a variety of uses beyond care facilities, such as renovating to housing or a temperature controlled storage facility.

Key Highlights

  • Large 28,000+ sqft brick building suitable for various uses.
  • Includes a former medical clinic with waiting room, exam rooms, lab, X‑Ray room, and offices.
  • Existing layout features 33 resident rooms, common areas, and a former commercial kitchen.

Property Analytics

Current Use

Nursing homes

Suggested Use

Top Pick Real Estate Agency Hair Salon Grocery & Convenience Store Storage Facility Nail Salon Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

78
Businesses Nearby
Balanced
Demand for This Use

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

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Nursing home - Spacious 28,000+ sqft building suitable for various commercial uses.
Where is this nursing home 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: Large 28,000+ sqft brick building suitable for various uses.; Includes a former medical clinic with waiting room, exam rooms, lab, X‑Ray room, and offices.; Existing layout features 33 resident rooms, common areas, and a former commercial kitchen.
More about this property
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