About This Home

This 0-bedroom, 0-bathroom commercial at 232 E Springer Avenue in Elmwood, WI is listed for $750,000 ($26 per sqft). Built in 1973, the home offers 28,549 sqft of living space on a 2.36 acres lot.

Key Features

  • Built in 1973
  • 2.36 acre lot

Property Details

1973

Amenities

A/C
Listing Description

Spacious commercial investment opportunity awaits! Formerly used as a nursing home and medical clinic facility, this brick building boasts over 28,000 sqft and would make a fantastic assisted living or other care facility. The space could also be reworked to a new use, such as renovating into housing.

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). Note this is no longer turn key as a nursing home facility. Come explore the possibilities!

Monthly Cost Estimate

$4,011/mo

20% down · 6.5% · 30 years

Principal$542
Interest$3,250
Insurance$219

Estimates only. Actual payments may vary.

Location

232 E Springer Avenue

Elmwood, WI 54740

Nordrum Addition

Property Details

Construction

Brick

Heating

Hot Water(Heating)Forced Air

Cooling

DuctlessCentral Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 232 E Springer Avenue is listed at $750,000 ($26/sqft). The estimated monthly payment is $4,011 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1973, 2.36 acre lot.

This property is listed by Brandi Gregory.

BG

Brandi Gregory

License 82301-94

Agent at Central WI Real Estate Holdings, LLC

Listed by Central WI Real Estate Holdings, LLC · Broker phone: (715) 514-4265 · Broker website

MLS# 1578658· Source: REALTORS® Association of Northwestern Wisconsin· 984 days on PropertySimple

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.

232 E Springer Avenue, Elmwood, WI 54740

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