• S.H. Kress Building - 1505 Newcastle Street, Brunswick, GA 31520

For Sale

Retail

For Sale

This property is available for sale
0.24
Acres
$1,275,000
Sale Price
  • Year Built
    1909
  • Total Building Size
    19,962 RSF
  • Overview

    Former Kress building in the heart of historic, Old Town Brunswick, GA. 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. 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. Prime investment opportunity: National credit tenant with great value-add potential. This 19,962 SF former S.H. Kress Building provides the opportunity to acquire a well-located street retail property with income from Wells Fargo and upside from approximately 15,000 SF of space for redevelopment. Current Wells Fargo lease through 2021 with three five-year renewal options. Location 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. 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 Health Systems and GSI Commerce.

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Property Details

Former Kress building in the heart of historic, Old Town Brunswick, GA. 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. 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. Prime investment opportunity: National credit tenant with great value-add potential. This 19,962 SF former S.H. Kress Building provides the opportunity to acquire a well-located street retail property with income from Wells Fargo and upside from approximately 15,000 SF of space for redevelopment. Current Wells Fargo lease through 2021 with three five-year renewal options. Location 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. 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 Health Systems and GSI Commerce.

  • Property Type
    Retail
  • Year Built
    1909
  • Sale Price
    $1,275,000
  • Total Building Size
    19,962RSF
  • Total Acres
    0.24
  • Sale Status
    Available
  • Property ID
    2010155

Landlord's Sales Representative

  • Clara Fishel
    Tru Agent Real Estate