1505 Newcastle Street

    Brunswick, GA 31520
    • $1,600,000
    • STATUS: Active
    • ON SITE: 80 days
    • MLS #: 186827
    UPDATED: 51 min ago
    $1,600,000
    • 0
      BEDS
    • 0.25
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Commercial
    Built:
    1909
    County:
    Area:

    School Ratings & Info

    Description

    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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    © 2018 Savannah Multi-List Corporation. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of the Savannah Multi-List Corporation. Information is deemed reliable but is not guaranteed accurate by the MLS or The Arlow Real Estate Group - Keller Williams Realty - Coastal Area Partners. Real estate listings held by brokerage firms other than The Arlow Real Estate Group - Keller Williams Realty - Coastal Area Partners are marked with the name of the listing brokers. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2018-05-26T09:07:56.62.
    www.savannahhomesnow.com/homes/81321537

    1505 Newcastle Street Brunswick, GA 31520

    • Price: $1,600,000
    • Status: Active
    • Updated: 51 min ago
    • MLS #: 186827
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.25
    Acres
    1909
    Built
    County:
    Glynn
    Area:
    Brunswick
    Property Description
    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.
    Exterior Features

    Construction Brick Improvements Curb & Gutter Lot Size Square Feet 10864 Property Attached 0 Road Surface Concrete Sewer Public Sewer Underground Utilities Yn No Water Public Water

    Interior Features

    Ada Features Yn Yes Appliances None Cooling Source Electric Cooling Type Central Heating Source Gas Heating Type Central Misc Equipment Freight Elevator Num Cooling Units 1 Num Heating Units 1 Num Water Heaters 1 Water Heater Type Gas

    Property Features

    Annual Tax 9330 Association Yn No Covenant Restr Apply Yn No Current Zoning Gccore Landlord Expenses None Landlord Utilities None May Sell CashConventional Present Use Business Property Sub Type Retail Special Listing Conditions Standard Transaction Type Sale

    Listing courtesy of Clara Fishel of Keller Williams Coastal Area Partners. © 2018 Savannah Multi-List Corporation. All rights reserved.
    © 2018 Savannah Multi-List Corporation. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of the Savannah Multi-List Corporation. Information is deemed reliable but is not guaranteed accurate by the MLS or The Arlow Real Estate Group - Keller Williams Realty - Coastal Area Partners. Real estate listings held by brokerage firms other than The Arlow Real Estate Group - Keller Williams Realty - Coastal Area Partners are marked with the name of the listing brokers. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2018-05-26T09:07:56.62.
     
    The Arlow Real Estate Group - Keller Williams Realty - Coastal Area Partners
    329 Commercial Dr., Suite 100
    Savannah GA, 31406