Historic Mixed-Use Elliott Building

1423 & 1425 Newcastle Street Brunswick, GA 31520

For Sale

$1,350,000

COMMERCIAL - Brunswick, GA

Property size:

8,100 SF

Lot size:

0.06 Acres

Price / SF:

$166/SF

For Sale

$1,350,000

COMMERCIAL - Brunswick, GA

Property size:

8,100 SF

Lot size:

0.06 Acres

Price / SF:

$166/SF

Added:: Oct 17, 2025
Days on Market:: 267
Last Refresh:: Jul 10 at 10:06 pm

Property Features for 1423 & 1425 Newcastle Street

General Information

Property type: Commercial Sale
Property subtype: Other
Standard status: Active
APN: 01-01531
Size: 8,100 SF
Lot size: 0.06 Acres

Taxes and HOA fees

Tax Description: N portion of S half of Old Town Lot 103

Utilities

Sewer type: Public Sewer
Water source: Public

Building Details

Year built: 1880
Building materials: Brick

Listing agent Don Wright License #12088

Listing office Don Wright & Associates PO Box 30608, Sea Island, GA

Listing date Oct 17, 2025

MLS# 1657453

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.

Investment Insights

Based on property information with market context.

The historic Elliott Building is a unique 3-level building with approximately 8100 square feet, located in downtown Brunswick. Built in 1880, the entire property features exposed brick walls and high ceilings, showcasing the charms of the late 19th century. The property is zoned "MUCCH" (Mixed Use/City Core/and Historic District), allowing for a variety of commercial, institutional, and residential uses while maintaining the character and historic features of the area. This designation fits within the existing character of the Core City and Historic District, thus accommodating both commercial and residential uses. Currently, a fully equipped restaurant is located on the first level and is included in the sale. The second and third levels feature residential lofts. There is both stair and elevator access to the second and third floor residential lofts. Street parking is available at the front of the building. The property sits on a lot of 0.06 acres.

Key Highlights

Prime downtown Brunswick location in a historic building.
Zoned "MUCCH" allowing for diverse commercial, institutional, and residential uses.
Includes a fully equipped, operating restaurant (Bollywood) on the first level.

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$113.7k	$14.04
− Vacancy	−$7.7k	−$0.95
EGI	$106.0k	$13.09
− OpEx	−$26.5k	−$3.27
NOI	$79.5k	$9.81

8,100 SF · lease $14.04/SF/yr · vacancy 6.80% · expense 25.00%

Alternative Uses

Best Use

Specialty Retail

$1.14M

$993.7K – $1.32M (±1% cap)

NOI $79,493 @ 7.0% cap · market cap 5.89%

Second Best

Mixed Use

$1.03M

$902.1K – $1.20M (±1% cap)

NOI $72,171 @ 7.0% cap · market cap 5.35%

Theoretical Best

Office A

$1.68M

$1.47M – $1.96M (±1% cap)

NOI $117,674 @ 7.0% cap · market cap 8.72%

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

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Conventional restaurants

Suggested Use

Similar For Sale Nearby

$1,350,000

11,396 SF

Medical Office Building with Classroom-Style Rooms

Flexible medical and professional layout includes exam rooms, private offices, and multiple kitchens and bathrooms for adaptable use.

2228 Starling Street, Brunswick, GA 31520

View Details
$549,000

1,408 SF

Turnkey Event & Catering Venue

Renovated venue with a full commercial kitchen and event pavilion, positioned for weddings and corporate gatherings.

1908 Gloucester Street, Brunswick, GA 31520

View Details
$1,099,000

5,400 SF

Historic Downtown Mixed-Use Building

Historic building with two first-floor storefronts and flexible second-floor space for retail, office, or residential use.

1418 Newcastle Street, Brunswick, GA 31520

View Details
$1,250,000

5,275 SF

Medical Office Building for Sale

Newly built medical office space zoned for medical use with potential for separate suites and onsite parking.

2903 Kemble Avenue, Brunswick, GA 31520

View Details
$590,000

2,950 SF

Flexible Office Building with Parking

Well-appointed office suites with a flexible floor plan, multiple offices, and onsite parking near the courthouse.

1600 Union Street, Brunswick, GA 31520

View Details
$990,000

4,800 SF

Two-Story Downtown Office Building

Masonry and steel office building with separate entrances, fire sprinklers, and multiple updated building systems.

1522 Richmond Street, Brunswick, GA 31520

View Details
$1,775,000

9,968 SF

Office and Warehouse Flex Building

Flex-style office and insulated warehouse space with two code-operated secured gates for truck access and operations.

1025 Commercial Drive, Brunswick, GA 31525

View Details
$560,000

2,780 SF

Brunswick Commercial Property For Sale

2,780 SF commercial building on 0.52 acres in Brunswick.

3460 Cypress Mill Road, Brunswick, GA 31520

View Details
$1,350,000

12,750 SF

Commerce Center Warehouses For Sale

Commercial warehouses in Brunswick's Commerce Center Complex available for purchase.

400 Commerce Center Drive, Brunswick, GA 31523

View Details
$770,000

10,000 SF

Office Building with Fenced Rear Yard

Office building with ample parking and a secured fenced area at the rear for flexible operations.

111 Center Drive, Brunswick, GA 31520

View Details
$142,000

972 SF

Storefront Near Altamaha Park

Commercial property near Altamaha Park with many possibilities.

245 Altamaha Park Road, Brunswick, GA 31525

View Details
$459,000

2,417 SF

Medical Office Near Hospital

Commercial building suitable for medical practice near Southeast Georgia Health

2310 Heron Street, Brunswick, GA 31520

View Details

For sale
Mixed-use properties
GA
Brunswick
31520
1423 & 1425 Newcastle Street

What type of property is this?

Mixed-use property - Unique 3-level mixed-use building in downtown Brunswick.

Where is this mixed-use property located?

The property is located at 1423 & 1425 Newcastle Street Brunswick, GA.

What is the asking price?

The asking price for this property is $1,350,000.

What are key features of this property?

This property features: Prime downtown Brunswick location in a historic building.; Zoned "MUCCH" allowing for diverse commercial, institutional, and residential uses.; Includes a fully equipped, operating restaurant (Bollywood) on the first level.

1423 & 1425 Newcastle Street Brunswick, GA 31520

COMMERCIAL - Brunswick, GA

Property Features for 1423 & 1425 Newcastle Street

General Information

Taxes and HOA fees

Utilities

Building Details

Investment Insights

Key Highlights

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

Alternative Uses

Property Analytics

Current Use by Public Records

Suggested Use

Similar For Sale Nearby

Medical Office Building with Classroom-Style Rooms

Turnkey Event & Catering Venue

Historic Downtown Mixed-Use Building

Medical Office Building for Sale

Flexible Office Building with Parking

Two-Story Downtown Office Building

Office and Warehouse Flex Building

Brunswick Commercial Property For Sale

Commerce Center Warehouses For Sale

Office Building with Fenced Rear Yard

Storefront Near Altamaha Park

Medical Office Near Hospital

FAQs