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1505 Newcastle St
Brunswick, GA 31520

Auction:6/19 - 6/21: Wells Fargo Brunswick GA · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
19,962 SF
Building Class
C
Year Built
1926
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.91
Lot Size
0.24 AC
Zoning
GCCORE
Parking
6 Spaces (0.3 Spaces per 1,000 SF Leased)
Frontage
137 FT on Newcastle St

Amenities

  • Bus Line
  • Signage

About 1505 Newcastle St , Brunswick, GA 31520

Property Tours: Property tours are available by appointment. Please contact the listing broker to schedule a tour of the property. Investment Highlights: *National Credit Tenant *Great Value Add Opportunity *New Five Year Lease *Prime Location Investment Overview: Approximately 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 triple net lease renewal on approximately 4,791 SF on the first floor at $75,000/year. This former SH Kress store is in the walkable downtown area of Brunswick, a popular area for the high-income residents of St Simons and Sea Island. Potential uses for the vacant space include retail, office or residential. For more information, please contact Michael Bull.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01-02028
Land Assessment
$22,080
Improvements Assessment
$1,333,720
Total Assessment
$1,355,800
  • Listing ID: 5356422

  • Date on Market: 1/6/2017

  • Last Updated:

  • Address: 1505 Newcastle St, Brunswick, GA 31520

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