1505 Newcastle Street, Brunswick, GA 31520 (MLS # 206338)

Price $1,600,000
Status Active
Size n/a
Lot Size 10,455 sqft
Days on Market 176
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.
Property Type(s): Commercial
Last Updated 5/1/2019 Year Built 1909
County Glynn

Additional Details

AIR Central
AIR CONDITIONING Yes
APPLIANCES None
CONSTRUCTION Brick/Siding
HEAT Central
HOA DUES 0
LOT 10454 sq ft
SEWER Public Sewer
STORIES 2
TAXES 6008
WATER Public Water
ZONING GCCORE

Location

 

Contact us about this Property

 / 
We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Sumner Real Estate Group to contact you even if your name is on a Federal or State "Do not call List".

Listed with Keller Williams Coastal Area Partners
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Savannah Multi-List Corporation. All real estate listings are marked with the name of the listing brokers.

The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.

The listing data was last updated 10/23/19 4:34 PM PDT.

Copyright 2019 Savannah Multi-List Corporation. All rights reserved.

This IDX solution is (c) Diverse Solutions 2019.

Email a Friend