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$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

  • MLS® #:
    V4945682
  • Price:
    $1,600,000
  • Bathrooms:
    0.00
  • Square Footage:
    20,878
  • Acres:
    2.90
  • Year Built:
    1998
  • Type:
    Commercial Sale
  • Sub-Type:
    Mixed Use
  • Status:
    Active

Community Information

  • Address:
    703 South State Street
  • Area:
    Bunnell
  • Subdivision:
    BUNNELL
  • City:
    BUNNELL
  • County:
    Flagler
  • State:
    FL
  • 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

  • Days on Market:
    72
  • Zoning:
    L-1

Listing Details

  • Listing Office:
    Realty Pros Assured

Listing information courtesy of Realty Pros Assured.

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Listing data comes from My Florida Regional MLS.

Listing information last updated on January 11th, 2026 at 6:34pm EST.