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    508 State St Bunnell, FL 32110

    For Sale
    $580,000

    Established Restaurant, High Traffic Location, Great Opportunity

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional turn-key business opportunity is located at 508 N State St, Bunnell, FL, offering high visibility and significant traffic flow due to its prime location on US1. The 0.45-acre property includes a well-established restaurant currently operating with excellent customer reviews and a loyal clientele. The building is in excellent condition, having undergone recent improvements by the current owner. The sale includes the business, building, land, equipment, and the current menu, providing a seamless transition for a new owner. The restaurant boasts a seating capacity for 60 diners, two public restrooms, and ample parking for 15 vehicles. A unique feature is an on-site smokehouse, presenting the potential for expansion into barbecue cuisine. The seller is offering a one-month training period and the services of their chef for two to three months, ensuring a smooth operational handover. This is a rare opportunity to acquire a profitable, established business with significant growth potential in a high-traffic location. The asking price is $580,000.

    Property Features for 508 State St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    19,602 SF

    Building Details

    Year Built
    1978
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Domenech Corner Cuban Restaurant Domenech Corner Cuban ... Restaurant

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Spa & Massage Building Supply Hair Salon Wholesale Shop Clothing Store Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bunnell
    County
    Flagler County
    State
    Florida
    Longitude
    -81.2616
    Latitude
    29.4689

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    FAQs

    What type of property is this?
    Commercial real estate - Established Restaurant, High Traffic Location, Great Opportunity
    Where is this commercial real estate located?
    The property is located at 508 State St Bunnell, FL.
    What is the asking price?
    The asking price for this property is $580,000.
    (386) 246-6004
    Request Owner's contact information
    508 State St Bunnell, FL 32110
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    Bunnell, FL 32110
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    508 State St Bunnell, FL 32110
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