$1,600,000 - 703 South State Street, BUNNELL
- -
- Bedrooms
- -
- Baths
- 20,878
- SQ. Feet
- 2.9
- Acres
9-Unit Commercial / Mixed-Use Complex with 7 Storage Units Zoning: I-B (Industrial/Business) Building Size: ±8,500 SF | Lot Size: ±2.9 Acres Income: Approx. $16,841/month Prime Location Situated on high-visibility State Street (U.S.-1) in the heart of Bunnell's expanding commercial corridor. This solid concrete block complex is strategically located minutes from Downtown Bunnell, Palm Coast, and Flagler Beach, offering convenient access to I-95 and SR-100. The area is seeing consistent growth in both commercial and residential development—making this an ideal time to invest. Property Overview Nine (9) Condominium-Style Units: Each ranging from approximately 1,200 - 1,400 SF Independent electric meters and private entrances Individual HVAC systems Flexible configurations suitable for office, retail, flex, or light industrial use Rear Storage Section: Jointly owned and governed by a Separation Agreement (5) storage units at approx. 250 SF each (2) storage units at approx. 500 SF each Total Building Area: ±8,500 SF (per public record) Ample On-Site Parking with front and side access Concrete Block Construction ensures durability and low maintenance. =° Investment Highlights Current monthly rent: ±$16,841 Mix of stable tenants and owner-user potential High traffic exposure along a major U.S. route Versatile zoning (I-B) allows for wide commercial use. Excellent opportunity for cash flow + long-term appreciation Future redevelopment potential on ±2.9-acre site Ideal Uses Mixed-Use Commercial Complex Auto / Contractor Service Center Showroom + Storage Combination Retail / Office / Flex-Space Investment Investor or Owner-User Hub This property entity includes a Separation Agreement governing the shared storage area. Do not disturb tenants. Each condo unit has independent electric meters and private entrances, an air conditioning & heating system Concrete block construction; easy access for loading and storage. Ideal for: investors, contractors, small Business hubs, storage rentals, or redevelopment. Location: Situated minutes from downtown Bunnell, Palm Coast, and Flagler Beach, this corridor offers strong traffic counts, excellent exposure, and access to I-95 and SR-100. The area is experiencing steady commercial and residential expansion, making it a fantastic time to invest. Mixed-use commercial complex Auto or contractor service center Showroom and storage combo, Retail, office, or flex-space investment. This entity includes a separation agreement governing the shared storage portion. Please contact the listing agent directly to discuss the complete sales package and ownership details.
Essential Information
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- MLS® #:
- V4945682
-
- Price:
- $1,600,000
-
- Bathrooms:
- 0.00
-
- Square Footage:
- 20,878
-
- Acres:
- 2.90
-
- Year Built:
- 1998
-
- Type:
- Commercial Sale
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- Sub-Type:
- Mixed Use
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- Status:
- Active
Community Information
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- Address:
- 703 South State Street
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- Area:
- Bunnell
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- Subdivision:
- BUNNELL
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- City:
- BUNNELL
-
- County:
- Flagler
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- State:
- FL
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- Zip Code:
- 32110
Amenities
-
- Parking:
- Parking Spaces - 13 to 18
Interior
-
- Heating:
- Central, Heat Pump
-
- Cooling:
- Mini-Split Unit(s)
Exterior
-
- Roof:
- Shingle
-
- Foundation:
- Block, Concrete Perimeter
Additional Information
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- Days on Market:
- 72
-
- Zoning:
- L-1
Listing Details
- Listing Office:
- Realty Pros Assured