- For Sale $1,050,000
- Property Type Other
- Lot Size 0.72 SF
- Year Built 1929
- Year Renovated 1949
- Date Updated Mar 12, 2025
Colliers International | Wisconsin is pleased to exclusively offer a rare opportunity to acquire a former 85-bed Community Based Residential Facility located in Milwaukee, WI. This 25,839 square foot rehabilitation facility located at 2436 North 50th Street is fully leased.
The property offered for sale operates as Gro Family Services, specializing in outpatient, residential and correctional mental health, substance abuse and reintegration treatment services. Gro has occupied the property since 2018 and currently has a long term lease in place through October 2027.
Highlights
• Rare 85-bed CBRF in Milwaukee, WI.
• Triple Net leased property.
• High barriers to entry and replacement costs.
• Numerous recent capital improvements.
Reach out to the broker for more info on lease terms and amenities
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Contacts
Location
Getting Around
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Walk Score ®
73/100
Very Walkable
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Transit Score ®
51/100
Good Transit
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Bike Score ®
55/100
Bikeable
- City Milwaukee, WI
- Neighborhood Uptown Milwaukee
- Zip Code 53210
- Market Milwaukee
Points of Interest
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Intermodal Station
3.59 miles
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City Hall
3.74 miles
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Ogden/Jackson
3.75 miles
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Jackson at Juneau
3.80 miles
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Saint Paul at Plankinton
3.80 miles
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Cathedral Square
3.85 miles
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Wisconsin Avenue
3.90 miles
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Historic Third Ward
3.92 miles
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Michigan & Jackson
4.02 miles
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Taxi Pick-Up
8.80 miles
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Clark
0.07 miles
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Dave's Gas
0.36 miles
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Citgo
0.55 miles
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Mobil
1.01 miles
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Speedway
1.13 miles
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Petro Mart
1.27 miles
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Tesla Destination Charger
2.96 miles
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Tesla Supercharger-Glendale, WI
5.00 miles
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Tesla Supercharger
8.35 miles
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ChargePoint
8.67 miles
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Police Department Parking
1.28 miles
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Blanchard Street Lot
1.80 miles
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Public Parking Garage
1.89 miles
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Spahn
1.98 miles
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Red Store Lot
1.98 miles
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Molitor
2.00 miles
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Braves 2
2.21 miles
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Braves 1
2.21 miles
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Cooper
2.23 miles
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Staff
2.27 miles
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American Inn Motel
1.66 miles
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Capitol Manor Motel
1.92 miles
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Manderley Bed & Breakfast
1.95 miles
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Village Inn
2.11 miles
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Economy Inn
2.19 miles
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Ambassador Hotel
2.39 miles
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Biller Hotel
2.41 miles
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Ambassador Inn at Marquette
2.43 miles
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Park Manor Motel
2.79 miles
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The Brewhouse Inn & Suites
2.85 miles
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Judy's Red Hots
0.15 miles
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Ruby J's
0.19 miles
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Wendy's
0.29 miles
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Paloma Taco and Teqy
0.34 miles
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Original King of Chicken
0.43 miles
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Taco Bell
0.44 miles
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Domino's
0.52 miles
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Burger King
0.56 miles
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Mekong Cafe
0.61 miles
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Juniper 61
0.66 miles
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Milwaukee French Immersion School
0.18 miles
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St. Catherine School
0.29 miles
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Hi-Mount Community School
0.34 miles
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Washington High School of Information Technology
0.43 miles
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Mount Calvary Evangelical Lutheran School
0.59 miles
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Sherman Multicultural Arts Elementary School
0.65 miles
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St. Sebastian School
0.70 miles
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Saint James School
0.73 miles
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Milwaukee College Prep School 38th Street Campus
0.76 miles
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Mount Olive Lutheran School
0.80 miles
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Teddy Bear Child Care
0.14 miles
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A Promise of Hope Childcare
0.28 miles
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Most Precious Journee Daycare
0.64 miles
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Harvest Learning center
0.75 miles
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Growing Tree Children's Center
0.81 miles
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Learn Through Love Child Care
1.16 miles
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Treat Um Like They're Mine
1.19 miles
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Crystal's Creative Minds Learning Center
1.22 miles
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Caring Angels Child Care Center
1.24 miles
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Children's Pantry Daycare
1.28 miles
Frequently Asked Questions
The space currently listed for sale at 85-Bed CBRF Investment Opportunity asks for $1,050,000.
85-Bed CBRF Investment Opportunity totals 25,839 square feet.
85-Bed CBRF Investment Opportunity was built in 1929.
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