232 Springer AveElmwood, WI 54740

For Sale
$995,000

28,000+ sq ft, 2.36 acres, high potential

Overview

Added:
Feb 3
Days on market:
39
This expansive commercial property in Elmwood, WI, presents a remarkable investment opportunity. The substantial brick building, encompassing over 28,000 square feet, sits on a generous 2.36-acre lot and offers immense versatility. Previously utilized as a nursing home and medical clinic, its adaptable layout allows for a wide range of future uses. Imagine transforming this space into residential units, a climate-controlled storage facility, or another suitable enterprise. The existing configuration includes a welcoming front vestibule, reception area, private office, and a spacious common area living room. Five wings house 33 former resident rooms, along with multiple common areas. A former commercial kitchen and a well-equipped medical clinic area are also present. The clinic section features a waiting room, reception area, two public restrooms, a lab, staff restroom, X-ray room, five exam rooms, one procedure room, and two offices. A significant upgrade was recently completed with the installation of a new furnace system within the past couple of years. An additional building on the property, complete with an unfinished basement, provides extra storage space. Ample parking is available, accommodating approximately 37 vehicles. This property's scale and adaptability make it an exceptional prospect for a discerning investor seeking a substantial return. The possibilities are truly endless.

Property Details for 232 Springer Ave

Property type
Other commercial real estate
Year Built
1973
Lot Size (sq. ft)
102,802 SF

Location Insight

City
Elmwood
County
PIERCE
State
Wisconsin
Latitude
44.78192
Longitude
-92.1439
232 Springer Ave, Elmwood, Wisconsin

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232 Springer Ave
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