Lender Owned Development – Known as Liberty Harbor, this 136 acre, planned mixed-use development with 1,800+/- ft of frontage along the deep waters of the Brunswick River in Brunswick, Georgia, awaits a developer with the vision and resources to bring about the full potential this property has offer. Previously approved development plans include three 25-story multi-family buildings, 218 single family homes, 1800 web and dry stack marina slips and 300,000 sf of commercial development along a community river walk. Brunswick, GA is a short drive north from Jacksonville, FL, making it an ideal living, retirement and vacation destination. Nearby attractions and activities include Jekyll Island, St. Simons Island, Sea Island, offshore fishing and sailing.
While a buyer initiates their plans for redeveloping this parcel, they can benefit from the current $217,000/year lease income from existing commercial and cell tower tenants currently in place on the inland-most portions of the parcel. Most of the single family lots convey with this sale but some have been sold to third parties but are available for re-purchase.
Download a recent article from the Brunswick News published August 29, 2014 that discusses the city Commissioner's plans for Brunswick renewal by clicking HERE.
Stephen Karbelk, GA Real Estate Broker #346212