Historic Downtown Flex Retail
For Sale
$149,500
1425 Union Street, Brunswick, GA 31520
Small mixed-use zoned commercial property with an existing full bathroom, built in 1950 within a historic district.
Property Size1,950 SF
Price / SF$293.14
Days on Market52
Property Features for 1425 Union Street
General Information
Standard status
Active
Size
1,950 SF
Property subtype
Other
Zoning
MU/CCH
Amenities
0.02 acres, City Lot, Corner Lot, Level
Metal
Public Sewer
Annual Amount: $327, Year: 25
Tile
Electric, Wall Unit(s)
Electric
Cumulative Days on Market: 48, 48 days on market, On Market Date: 2026-07-17
On Street
Built in 1950, Block, Mixed Use
County: Glynn
Resale
Cable Available, Electricity Available, High Speed Internet, Natural Gas Available, Phone Available, Sewer Available, Water Available, Public
Close Of Escrow
Building Details
Building Size
1,950 SF
Year Built
1950
Listing Agency:
BHHS Hodnett Cooper Real Estate
(912) 638-5450
Listed By:
Katie Brown
(912) 258-1075
Source:
Blackstreaminternational
Added: Jul 17
Changed: Sep 4
Last Checked: Sep 5 at 6:09AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BHHS Hodnett Cooper Real Estate
Investment Insights
Based on property information with market context.
This 510-square-foot commercial property was built in 1950 and is located within the Historic District. The property is zoned MU/CCH (Mixed-Use City Core Historic), providing flexibility for a range of permitted commercial and mixed-use uses. A full bathroom is already in place, supporting convenient buildout for a variety of tenant or owner-user concepts.
Situated in Historic Downtown Brunswick and described as walkable to restaurants, boutiques, coffee shops, and the waterfront, the location supports foot-traffic driven retail and service uses.
Offered for sale, this is a compact, adaptable space suitable for buyers seeking a straightforward starting point in a historic downtown setting.
Situated in Historic Downtown Brunswick and described as walkable to restaurants, boutiques, coffee shops, and the waterfront, the location supports foot-traffic driven retail and service uses.
Offered for sale, this is a compact, adaptable space suitable for buyers seeking a straightforward starting point in a historic downtown setting.
Key Highlights
- Built in 1950, 510 SF commercial property located in Historic Downtown Brunswick (Historic District).
- Zoned MU/CCH (Mixed‑Use City Core Historic), allowing a variety of permitted commercial and mixed‑use uses.
- Includes an existing full bathroom for added convenience.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$5,191
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.47%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$103,820
$103.8K
Cap Rate 7%
$74,157
$74.2K
Cap Rate 9%
$57,678
$57.7K
Market Conditions
NOI Build-Up for 510 SF
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.
Gross rent
$8.9K $17.40/SF
− Vacancy
−$2.0K −$3.83/SF
EGI
$6.9K $13.57/SF
− OpEx
−$1.7K −$3.39/SF
NOI
$5.2K $10.18/SF
Area
Glynn County, GA
Vacancy
22.00%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$103,820
Cap Rate 7%
$74,157
Cap Rate 9%
$57,678
Alternative Uses
Best Use
Office B
$74.2K
$64.9K – $86.5K
NOI $5,191 @ 7.0% cap · market cap 3.47%
Second Best
Retail
$63.7K
$55.7K – $74.3K
NOI $4,459 @ 7.0% cap · market cap 2.98%
Theoretical Best
Office A
$105.8K
$92.6K – $123.5K
NOI $7,409 @ 7.0% cap · market cap 4.96%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,120
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Small mixed-use zoned commercial property with an existing full bathroom, built in 1950 within a historic district.
Where is this retail space located?
The property is located at 1425 Union Street Brunswick, GA.
What is the asking price?
The asking price for this property is $149,500.
What are key features of this property?
This property features: Built in 1950, 510 SF commercial property located in Historic Downtown Brunswick (Historic District).; Zoned MU/CCH (Mixed‑Use City Core Historic), allowing a variety of permitted commercial and mixed‑use uses.; Includes an existing full bathroom for added convenience.
