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$1,600,000

0 Beds 0 Baths 20,878 SQFT 2.90 Acres
Type: Commercial

703 S STATE STREET
BUNNELL, FL 32110

MLS#: V4945682
Kate Khanhkeo
Kate Khanhkeo
The Real Estate Advantage
Real Estate Professional
Phone: 952.807.1119
Office: 952.226.7700
Presented by: REALTY PROS ASSURED with 386-677-7653. - 386-677-7653

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.


 

Interior Features

Bathrooms

Total Baths0

Other Interior Features

LivingAreaSource0 sqft
Air Conditioning Y/NYes
FlooringCeramic Tile
Heating Y/NYes
Window FeaturesAluminum Frames, Display Window(s)

General

AccessibilityAccessible Stairway
Additional Parcels Y/NNo
Building Area Units0 sqft
Building FeaturesClear Span, Extra Storage, Fencing, Outside Storage, Overhead Doors
CityBUNNELL
Community FeaturesExpressway
Construction MaterialsBlock, Brick, Cement Siding, Concrete
CoolingMini-Split Unit(s)
CountyFlagler
DirectionsUS 1 & Hwy 100, Head South on US 1 To 703 s State
Electric220 Volts, 440 Volts
Flood Zone CodeX
Flood Zone Code XY
HeatingCentral, Heat Pump
Legal DescriptionTOWN 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 TermsCash
Living Area Units0 sqft
Lot Size Square Feet126,237 sqft
Lot Size UnitsAcres
MLS Area32110 - Bunnell
New ConstructionNo
OwnershipSole Proprietor
Property ConditionCompleted
Property SubtypeMixed Use
Property TypeCommercial Sale
RoofShingle
Security FeaturesFire Alarm
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameBUNNELL
Tax Annual Amount$13,502
Tax LotID12-30-0850-02990-
Tax Year2024
UtilitiesElectricity Available, Phone Available, Public
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built1998
ZoningL-1

Exterior

Building Area Total20,878 sqft
Foundation DetailsBlock, Concrete Perimeter
Lot Size Acres2.9
Lot Size Area2 sqft
Number of Buildings1
Parking Features13 to 18 Spaces
Road Frontage TypeCity Street, Highway
Road ResponsibilityPublic Maintained Road
Road Surface TypeAsphalt, Paved
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Schools 

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

  

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$1,600,000

0 Beds 0 Baths 20,878 SQFT 2.90 Acres
Type: Commercial

703 S STATE STREET
BUNNELL, FL 32110

MLS#: V4945682
Kate Khanhkeo
Kate Khanhkeo
The Real Estate Advantage
Real Estate Professional
Phone: 952.807.1119
Office: 952.226.7700