703 S State Street, Bunnell, FL 32110

$1,600,000
20,878
SqFt

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List Price
$1,600,000
Status
Active
Days on Market
273
MLS#
V4945682
Property Style
Mixed Use
Year Built
1998
Living Area
20,878
Lot Size
126,237
Acres
2.90
Total Acreage
2 to less than 5
Legal Subdivision Name
Bunnell
MLS Area Major
Bunnell

Property Description

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 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 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 clause governing the shared storage portion.

Additional Information

Taxes Annual
$13502
Community Features
Expressway, No Deed Restriction
Zoning
L-1
Floor
Ceramic Tile
Utilities
Electricity Available, Phone Available, Public
Heating
Central, Heat Pump
Air Conditioning
Mini-Split Unit(s)
Exterior Construction
Block, Brick, Cement Siding, Concrete
Roof
Shingle
Foundation
Block, Concrete Perimeter
Pool
No Pool
Garage Features
Parking Spaces - 13 to 18
Flood Zone Code
X
Parcel ID
10-12-30-0850-02990-0000
Legal Description
TOWN OF BUNNELL BLKS 299 & 300 LYING WEST OF US-1 & 1/2 OF VACANTED SHORT STREET LYING SOUTH OF BLK 299 ALSO 2.+/- AC BUNNELL DEV CO SUBD BLK C PT TR 5 LYING S OF BLK 300 & BETWEEN US-1 & FEC R/R PARCEL HAS 234. ON WLY BOUNDARY US-1 & 301.47' ON ELY BOUND

Listing courtesy of REALTY PROS ASSURED. 386-677-7653

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