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Property profile & analytics
FOR SALE
Nursing homes

232 E Springer Ave Elmwood, WI 54740

28,549 SF
Property ID
US92-1029123
Property summary
AI-generated overview

Spacious commercial investment opportunity awaits! Formerly used as a nursing home and medical clinic facility, this brick building boasts over 28,000 sqft and could accommodate a variety of uses beyond care facilities (such as renovating to housing, a temperature controlled storage facility, and more)! The current layout has a front vestibule entry, reception area, private office, common area living room and 5 wings set up as 33 resident rooms, plus several common spaces, a back area that was once a commercial kitchen, and a prior medical clinic. The clinic space is set up with a waiting room, reception area, two public restrooms, lab, staff restroom, X-Ray room, five exam rooms, one procedure room, and two offices. There is an additional building with an unfinished basement, previously used as additional storage. New furnace system installed within the past couple years. Ample paved parking (aprox 37 spaces). Come explore the possibilities! MLS#1578658 Keller Williams Realty Diversified/Each office is independently owned and operated

Property profile
Verified
Property type Nursing homes
Total area 28,549 SF
UPID US92-1029123
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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