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    Historic Downtown Mixed-Use Building Title is generated by Realmo AI

    1418 Newcastle Street, Brunswick, GA 31520

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    Claim this Listing
    For Sale
    $1,099,000

    COMMERCIAL - Brunswick, GA

    Property size:
    5,400 SF
    Lot size:
    0.06 Acres
    Price / SF:
    $203/SF
    Added:
    Mar 9, 2026
    Days on Market:
    116
    Last Refresh:
    Jul 2 at 5:06 am

    Property Features for 1418 Newcastle Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Parking
    10
    Standard status
    Active
    APN
    01-01521
    Size
    5,400 SF
    Lot size
    0.06 Acres

    Taxes and HOA fees

    Tax Description
    PTN 117 S OT

    Utilities

    Utilities
    Cable Available
    Heating system
    Central, Electric (Heating), Heat Pump (Heating)
    Cooling system
    Electric, Heat Pump, Central Air
    Water source
    Public

    Building Details

    Year built
    1885
    Floors in Building
    2
    Number of units
    1
    Flooring type
    Concrete, Vinyl, Hardwood
    Building materials
    Brick

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    Tom McBride
    Tom McBride

    Listing agent Tom McBride License #262485

    Listing office Avalon Properties Group, LLC 1420 Newcastle St., Brunswick, GA

    Listing date Mar 9, 2026

    MLS# 1660348

    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.

    HighLights

    • Historic brick building built in 1885 with two first‑floor retail storefronts on Newcastle Street
    • First floor offers 1 leased storefront and 1 storefront available for lease
    • Second floor has a separate entrance and can be used for residential lofts, offices, or creative workspace
    • Roof replaced in 2016; two HVAC units installed in 2014 and 2016
    • Walk‑in safe on site; flooring includes concrete, hardwood, and vinyl
    • Zoned for mixed‑use (commercial & residential); public water and cable available

    Overview

    This historic mixed-use building was originally constructed in 1895 and offers two first-floor retail storefronts. One storefront is currently occupied by a barber shop, and the other is available for lease. The second floor is accessible via a separate entrance and can support residential lofts, offices, or other creative workspace.

    The property is positioned on Newcastle Street in Historic Downtown Brunswick, with proximity to Jekyll Square. The building’s setup is designed for street-facing retail use on the ground level, while the upper level provides a separate pathway for non-retail tenants.

    From a tenant and operator standpoint, the layout supports a combination of income-generating storefront space and adaptable second-floor space. The building includes a walk-in safe and has undergone key replacements and updates, including a roof replacement in 2016 and two HVAC units installed in 2014 and 2016. Zoning is listed as mixed-use for both commercial and residential uses, aligning the property with redevelopment or mixed-tenant strategies that fit the existing configuration.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $94.0k $17.40
    − Vacancy −$20.7k −$3.83
    EGI $73.3k $13.57
    − OpEx −$18.3k −$3.39
    NOI $55.0k $10.18
    5,400 SF · lease $17.40/SF/yr · vacancy 22.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $785.2K
    $687.1K – $916.1K (±1% cap)
    NOI $54,967 @ 7.0% cap · market cap 5.00%
    Second Best
    Mixed Use
    $687.3K
    $601.4K – $801.9K (±1% cap)
    NOI $48,114 @ 7.0% cap · market cap 4.38%
    Theoretical Best
    Office A
    $1.12M
    $980.6K – $1.31M (±1% cap)
    NOI $78,449 @ 7.0% cap · market cap 7.14%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brunswick
    County
    Glynn
    State
    Georgia
    Longitude
    -81.494851
    Latitude
    31.1486

    FAQs

    What type of property is this?
    Mixed-use property - Historic building with two first-floor storefronts and flexible second-floor space for retail, office, or residential use.
    Where is this mixed-use property located?
    The property is located at 1418 Newcastle Street Brunswick, GA.
    What is the asking price?
    The asking price for this property is $1,099,000.
    What are key features of this property?
    This property features: Historic brick building built in 1885 with two first‑floor retail storefronts on Newcastle Street; First floor offers 1 leased storefront and 1 storefront available for lease; Second floor has a separate entrance and can be used for residential lofts, offices, or creative workspace
    More about this property
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