Historic District
For Sale
$149,500
1425 Union Street, Brunswick, GA 31520
Commercial Sale, Brunswick, GA
Property Size510 SF
Lot Size0.02 Acres
Price / SF$293.14
Days on Market47
Property Features for 1425 Union Street
General Information
Property type
Commercial Sale
Property subtype
Other
Subdivision
Old Town
Elementary school
Oglethorpe
Middle school
Glynn Middle School
High school
Glynn Academy
Directions
From Hwy. 17 turn onto Gloucester Street. Left onto Union Street and property is on your left.
Standard status
Active
APN
0101511
Size
510 SF
Lot size
0.02 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
PTN 185 OT
Legal Description
PTN 185 OT
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Water source
Public
Amenities
full bathroom
Building Details
Year built
1950
Floors in Building
1
Number of units
1
Flooring type
Tile
Building materials
Block
Roof type
Metal
Listing Agency:
BHHS Hodnett Cooper Real Estate BWK · Berkshire Hathaway HomeServices
(912) 638-5450
Listed By:
Katie Brown · License #308890
(912) 258-1075
Added: Jul 17
Changed: Aug 20
Last Checked: Sep 1 at 1:06PM
MLS# 2001326
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.
This 510-square-foot storefront dates to 1950 and is constructed with block materials beneath a metal roof. Tile flooring and a full bathroom are already in place, while public water and public sewer serve the property. The compact footprint offers a straightforward setting for a retail, office, gallery, studio, or other permitted commercial use.
The property is located at 1425 Union Street in Brunswick’s Historic District and carries MU/CCH, or Mixed-Use City Core Historic, zoning. Its downtown setting places the storefront near restaurants, boutiques, coffee shops, and the waterfront, with cable availability also reported at the site.
The property is located at 1425 Union Street in Brunswick’s Historic District and carries MU/CCH, or Mixed-Use City Core Historic, zoning. Its downtown setting places the storefront near restaurants, boutiques, coffee shops, and the waterfront, with cable availability also reported at the site.
Key Highlights
- 510 square feet of commercial space
- Built in 1950 within Brunswick’s Historic District
- MU/CCH (Mixed‑Use City Core Historic) zoning
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
$4,459
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
2.98%
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%
$89,180
$89.2K
Cap Rate 7%
$63,700
$63.7K
Cap Rate 9%
$49,544
$49.5K
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
$7.0K $13.80/SF
− Vacancy
−$669 −$1.31/SF
EGI
$6.4K $12.49/SF
− OpEx
−$1.9K −$3.75/SF
NOI
$4.5K $8.74/SF
Area
Glynn County, GA
Vacancy
9.50%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
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%
$89,180
Cap Rate 7%
$63,700
Cap Rate 9%
$49,544
Alternative Uses
Best Use
Retail
$63.7K
$55.7K – $74.3K
NOI $4,459 @ 7.0% cap · market cap 2.98%
Second Best
—
—
no second resolved use
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
Under-served
Demand for This Use
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 Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- The Rose & Vine — 1602 Newcastle St, Brunswick, GA 31520
Frequently Asked Questions
What type of property is this?
Storefront property - MU/CCH zoning supports permitted commercial and mixed-use opportunities in a walkable downtown setting.
Where is this storefront property 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: 510 square feet of commercial space; Built in 1950 within Brunswick’s Historic District; MU/CCH (Mixed‑Use City Core Historic) zoning
