Historic Mixed-Use
1317 Newcastle Street, Brunswick, GA 31520
For Sale
$997,500
Commercial Sale, Brunswick, GA
Property Size9,900 SF
Lot Size0.12 Acres
Price / SF$100.76
Days on Market95
Property Features for 1317 Newcastle Street
General Information
Property type
Property subtype
Subdivision
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Description
Legal Description
Building Details
Year built
Floors in Building
Number of units
Building materials
Listing Agency:
Sea Island Properties
(912) 638-5161
Listed By:
Chris Moline · License #349008
(912) 266-1101
Added: Aug 7
Changed: Oct 3
Last Checked: Nov 9 at 3:06AM
MLS# 2001744
Copyright © 2026 Golden Isles Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Dating to 1894, this 9,900-square-foot brick property on Newcastle Street occupies a 0.12-acre site and includes three addresses. The ground floor has two retail or restaurant spaces. Architectural plans are prepared for six lofts on the second floor, with office space also identified as a potential use; the loft plans are ready for permit and contractor bids.
Building work includes a replacement roof, reinforced structural supports and ceiling joists, a rebuilt concrete rear wall, new stucco, and a renewed facade with steel beams. Eight custom Pella windows were installed, and the original staircase was reinforced and retained. The entrance doors were recreated using reclaimed heart pine from the second-floor ceiling joists. Asbestos abatement, a Phase I environmental assessment, and a survey have been completed.
The property is in an Enterprise Zone and Tax Allocation District and remains eligible for historic tax credits. It sits next door to Silver Bluff Brewery and is near I-95, Jekyll Island, and Saint Simons Island.
Building work includes a replacement roof, reinforced structural supports and ceiling joists, a rebuilt concrete rear wall, new stucco, and a renewed facade with steel beams. Eight custom Pella windows were installed, and the original staircase was reinforced and retained. The entrance doors were recreated using reclaimed heart pine from the second-floor ceiling joists. Asbestos abatement, a Phase I environmental assessment, and a survey have been completed.
The property is in an Enterprise Zone and Tax Allocation District and remains eligible for historic tax credits. It sits next door to Silver Bluff Brewery and is near I-95, Jekyll Island, and Saint Simons Island.
Key Highlights
- 9,900‑square‑foot mixed‑use building on a 0.12‑acre site
- Two ground‑floor retail or restaurant spaces across three addresses
- Architectural plans for six second‑floor lofts are ready for permit and contractor bids
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$88,209
Cap Rate
8.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,764,180
$1.8M
Cap Rate 7%
$1,260,129
$1.3M
Cap Rate 9%
$980,100
$980.1K
Market Conditions
NOI Build-Up for 9,900 SF
Gross rent
$160.4K $16.20/SF
− Vacancy
−$19.2K −$1.94/SF
EGI
$141.1K $14.26/SF
− OpEx
−$52.9K −$5.35/SF
NOI
$88.2K $8.91/SF
Area
Glynn County, GA
Vacancy
12.00%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,764,180
Cap Rate 7%
$1,260,129
Cap Rate 9%
$980,100
Alternative Uses
Best Use
Mixed Use
$1.26M
$1.10M – $1.47M
NOI $88,209 @ 7.0% cap · market cap 8.84%
Second Best
Retail
$1.24M
$1.08M – $1.44M
NOI $86,549 @ 7.0% cap · market cap 8.68%
Theoretical Best
Office A
$2.05M
$1.80M – $2.40M
NOI $143,824 @ 7.0% cap · market cap 14.42%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,088
Businesses Nearby
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Business Placement
Demographics for 31520, GA
22,726
Population
10,619
Households
2.1
Avg Household Size
39
Median Age
16%
College-Educated
84%
High-School Grad
20.1 sq mi
ZIP Area
1,131
Density / Sq Mi
$37,652
Median Household Income
$26,292
Median Earnings
$936
Median Rent
$135,100
Median Home Value
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Three-address property pairs ground-floor retail or restaurant space with upper-level plans for lofts or offices.
Where is this mixed-use property located?
The property is located at 1317 Newcastle Street Brunswick, GA.
What is the asking price?
The asking price for this property is $997,500.
What are key features of this property?
This property features: 9,900‑square‑foot mixed‑use building on a 0.12‑acre site; Two ground‑floor retail or restaurant spaces across three addresses; Architectural plans for six second‑floor lofts are ready for permit and contractor bids
