1312 Newcastle Building!! Restraunt/Apartments/Offices! Start Price USD 925,000.00 Current Price USD 925,000.00 Time Left - Bid Count 0 Buy It Now Price - Reserve Price - Start Time Tuesday, October 21, 2008 End Time Thursday, November 20, 2008 Location Brunswick, Georgia See more about '1312 Newcastle Building!! Restraunt/Apartments/Offices!' Description Premiere Location on National Register in Historic District Next to Queen’s Square Park overlooking Old City Hall in Historic Brunswick, GA. Approximately 8000 square feet on 3 levels     Ground Floor Existing Restaurant – Tile Floor in front, carpet in back room, walk-in cooler/freezer, commercial stove/ovens, convection oven, 2 heat/air units, built-in bar, 2 bathrooms Presently Under Lease, Rumored Ghost! Included in Purchase Price Second Floor Office Space – 2 heat/air units, 2 bathrooms, DSL ready, phone jacks in all offices 2 offices on front, overlooking Newcastle Street, Restored Hard Pine Floors and CarpetPresently Under Lease 1 office facing park, Restored Hard Pine Floors, New Wood Ceiling Presently Under Lease Reception Area, Restored Hard Pine Floors, New Wood Ceiling 5 Additional Offices on side (overlooking park) and back of building Restored Hard Pine Floors, New Wood Ceiling in Hallway & Back Office, Fully Equipped Kitchen Currently occupied by owners Third Floor 2 Beautifully Restored Luxury Loft Apartments Front Apartment – Restored Hard Pine Floors, Exposed Brick wall 2BR, 1BA, 1 heat/air unit, washer/dryer, dishwasher, Stainless Steel Refrigerator Overlooking park, Old City Hall, separate electric meter Presently Under Lease Side/Back Apartment – Restored Hard Pine Floors, Exposed Brick wall 2BR, Master has Bay window overlooking park, 2BA (1 full, 1 shower only) washer/dryer, all Stainless Steel Appliances (stove/oven, dishwasher, microwave, refrigerator) 1 heat/air unit, separate electric meter Presently Under Lease Building has Central Sprinkler System, Fire and Smoke Alarm System (monitored) 3 year old Thermopane windows (vinyl clad) throughout, except for 4 Historic Windows in second floor Front Office (nonfunctioning & painted with ceramic paint to Preserve) Building has new roof (1 year) and new downspouts, last structural engineer audit 5 years, New Awnings (4 years) Excellent Rental History Potential for Rapid Appreciation in Historic Downtown District Price: $925,000.00 Investment Opportunities   1.       8100 sq. ft. 2.       Building generates $6,250.00 a month rental income 3.       Building is fully renovated 4.       Investment Opportunities: 50% return on investment in 3-5 years,   Why? Condos and retail establishments going up across the street Liberty Harbor, a billion dollar development, under construction blocks from downtown New restaurants opening up downtown Downtown marina growing Financial district is downtown Courthouse is in the downtown area Legal profession is located downtown Low Interest financing available for qualified buyers through Cadda  Contact Information: Sea Select Procurement 912-262-6800 marbil@darientel.net         Place a Bid!