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
HEAT Central
LOT 10454 sq ft
SEWER Public Sewer
TAXES 6008
WATER Public Water



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Listed with Keller Williams Coastal Area Partners
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