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1000 Osborne St

8,892 SF Industrial Building Saint Marys, GA 31558 $695,000 ($78/SF)

Investment Highlights

  • Historic Railroad Repair Shop
  • Rapidly developing area
  • Excellent location for micro-brewery

Executive Summary

Formerly the Gilman Paper Company Rail Shop and Office utilized for rail car repair, this remarkable historic St. Marys commercial property is iconic. The layout of the building offers versatility, with ample square footage for various purposes. Currently operating as a theater, it could make an amazing micro brewery. It could also be transformed into a grand event space, trendy restaurant, or art gallery showcasing local talent with rooftop space. The building exudes charm and character with approximately 40’ ceilings, original bathrooms, office areas, two exterior roll-up doors and original 20-ton crane, all on approximately 1.74 acres. Beyond its historical allure is its strategic location, adjacent to Cumberland Inlet. This is a rapidly developing area, with a proposed public marina, retail, residential and ecotourism. It enjoys high visibility and easy accessibility, making it an ideal destination for locals and tourists alike. Besides the rookery at Crooked River State Park, this is the gateway to Cumberland Island National Seashore and the historic Downtown St. Marys. Whether you envision preserving the building's rich history or repurposing it for a modern business venture, the property holds tremendous potential. With its unique architectural features, prime location, and nostalgic charm, this commercial building presents an extraordinary investment opportunity. Don't miss your chance to own a piece of history while creating a one-of-a-kind commercial space. Contact us today to arrange a viewing and explore the boundless possibilities that this location has to offer.

Taxes & Operating Expenses (Actual - 2023) Click Here to Access

Annual Annual Per SF
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99

Taxes & Operating Expenses (Actual - 2023) Click Here to Access

Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $695,000
Price Per SF $78
Sale Type Owner User
Property Type Industrial
Property Subtype
Manufacturing
  • General Retail Bar
  • Industrial Service
Building Class C
Lot Size 1.74 AC
Rentable Building Area 8,892 SF
No. Stories 2
Year Built/Renovated 1940/1985
Tenancy Single
Parking Ratio 3.6/1,000 SF

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
149 005
Land Assessment
$47,400
Improvements Assessment
$98,610
Total Assessment
$146,010
Annual Taxes
($1) ($0.00/SF)
Tax Year
2023

zoning

Zoning Code I-G (Industrial-General)
I-G (Industrial-General)
  • Listing ID: 29510473

  • Date on Market: 9/13/2023

  • Last Updated:

  • Address: 1000 Osborne St, Saint Marys, GA 31558

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