$1,600,000 1505 Newcastle Street Brunswick, GA

MLS: 186827   Type: Commercial   County: Glynn   City: Brunswick   Zip: 31520   Style: Retail     Stories: 3   Taxes: $9,330

Mortgage $7,512 /mo



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Prime investment opportunity! National credit tenant with great value-add potential. This 19,962 SF building provides the opportunity to acquire a well-located street front retail property with income from Wells Fargo as well as upside from approximately 15,171 SF of vacant space. Wells Fargo just signed a five-year NNN lease renewal on approximately 4,791 SF on the first floor. Potential uses for the remainder of the property include retail, office or residential. This property is a former S.H. Kress store, located in the heart of historic downtown Brunswick, GA. The Georgia Ports operation in Brunswick is the 6th busiest automobile port in the U.S. The Brunswick area's major employers include the Department of Homeland Security's Federal Law Enforcement Training Center (FLETC), Georgia-Pacific, Gulfstream, Southesast Georgia Helath Systems and GSI Commerce.

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Price History

3/6/2018 Listed $1,600,000

Ada Features Yn Yes
Construction Brick
Cooling Source Electric
Current Zoning GCCORE
Heating Source Gas
Listing Agent Public Id FISHELCL
Present Use Business
Property Sub Type Retail
Property Type Commercial
Underground Utilities Yn No

Interior Features

Appliances None
Cooling Central
Heating Type Central
Num Cooling Units 1
Water Heater Type Gas

Exterior Features

Improvements Curb & Gutter
Lot Size Square Feet 10864
Misc Equipment Freight Elevator
Num Building Stories 3.00000
Num Heating Units 1
Num Water Heaters 1
Property Attached 0
Road Surface Concrete
Sewer Public Sewer
Water Public Water

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Property vs Zip Code Avg (31520)

Price 1.60M Avg 402K

Taxes $9,330 Avg $163

Acres 0.25 Avg 3.97

Visits 5 Avg 22

Days on Site 17 Avg 389

Walkscore® 68 Avg 48

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Listing Provided Courtesy Of: Keller Williams Coastal Area Partners

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Keller Williams Realty Westside
102 Heather Lynn Lane
Rincon, GA

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