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

MLS: 206338   Type: Commercial   County: Glynn   City: Brunswick   Zip: 31520   Style: Multi Family     Stories: 2   Taxes: $6,008

Mortgage $7,512 /mo



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Prime investment in federal Opportunity Zone. 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 leases 4,791 SF on the first floor. Potential uses for the remainder of the property include retail, office and residential. This property is a former S.H. Kress store, located in the heart of historic Old Town Brunswick, GA which is starting to see more redevelopment activity. Brunswick, part of coastal Georgia's Golden Isles, is the mainland city connecting the barrier islands of St. Simon's, Little St. Simon's, Jekyll Island, and Sea Island, which boast natural beauty, high end resorts, and some of the finest golfing destinations in the country.

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Price History

5/1/2019 Listed $1,600,000

Ada Features 30 Doors, Other
Ada Features Yn Yes
Construction Brick/Siding
Cooling Source Electric
Current Zoning GCCORE
Heating Source Gas
Listing Agent Public Id FISHELCL
Present Use Business
Property Description MultiUnit
Property Sub Type Multi Family
Property Type Commercial
Underground Utilities Yn No
Year Built 1909

Interior Features

Appliances None
Cooling Central
Heating Type Central
Num Cooling Units 2
Water Heater Type Gas

Exterior Features

Improvements Curb & Gutter
Lot Size Square Feet 10454
Misc Equipment Freight Elevator
Num Building Stories 2.00000
Num Heating Units 2
Num Water Heaters 1
Property Attached 1
Road Surface Asphalt
Sewer Public Sewer
Water Public Water

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Property vs Zip Code Avg (31520)

Price 1.60M Avg 363K

Taxes $6,008 Avg $2,740

Acres 0.24 Avg 1.76

Visits 69 Avg 36

Days on Site 114 Avg 374

Walkscore® 68 Avg 48

Data Provided by Walkscore ® not using MLS data

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Listing Provided Courtesy Of: Keller Williams Coastal Area Partners

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102 Heather Lynn Lane
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