Bunnell, FL 32110,703 S STATE ST
Bunnell, FL 32110,703 S STATE ST
Bunnell, FL 32110,703 S STATE ST
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Listed by
Bought with
$1,600,000
Est. payment /mo
20,878 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 20,878 sqft

Price per Sqft $76

Subdivision Bunnell

MLS Listing ID V4945682

Construction Status Completed

HOA Y/N No

Year Built 1998

Annual Tax Amount $13,502

Lot Size 2.900 Acres

Acres 2.9

Property Sub-Type Mixed Use

Source Stellar MLS

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 (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.

Location

State FL

County Flagler

Community Bunnell

Area 32110 - Bunnell

Zoning L-1

Interior

Heating Central, Heat Pump

Cooling Mini-Split Unit(s)

Flooring Ceramic Tile

Exterior

Parking Features Parking Spaces - 13 to 18

Community Features Expressway

Utilities Available Electricity Available, Phone Available, Public

Roof Type Shingle

Building

Foundation Block, Concrete Perimeter

Lot Size Range 2 to less than 5

Sewer Public Sewer

Water Public

Structure Type Block,Brick,Cement Siding,Concrete

New Construction false

Construction Status Completed

Others

Ownership Sole Proprietor

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/V4945682


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Matt Cirafice

Matt Cirafice

+1(352) 870-5700

Agent | License ID: SL3330189

Agent License ID: SL3330189

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