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703 S State St Bunnell, FL 32110

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For Sale
$1,600,000

Nine-unit commercial complex with storage, ideal for investors or owner-users.

Lot size:
2.90 Acres

Property Features for 703 S State St

General Information

Property type
Commercial
Standard status
Active
Lot size
2.90 Acres

Building Details

Year built
1998

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Listing Contact
Terry Sitaram
Terry Sitaram
Source: Elliman

Listing Agency: REALTY PROS ASSURED Listing Agent: Terry Sitaram

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Mixed-Use Complex on State Street

This nine-unit commercial mixed-use complex includes seven storage units and is located on State Street in Bunnell's commercial corridor, offering access to Downtown Bunnell, Palm Coast, Flagler Beach, I-95, and SR-100. The property, zoned I-B (Industrial/Business), is situated on approximately 2.9 acres and features a solid concrete block construction. The building size is approximately 8,500 square feet. Each condominium-style unit ranges from approximately 1,200 to 1,400 square feet and has independent electric meters, private entrances, and individual HVAC systems. The flexible configurations are suitable for office, retail, flex, or light industrial use. The rear storage section, jointly owned and governed by a Separation Agreement, includes five storage units at approximately 250 square feet each and two storage units at approximately 500 square feet each. The property has ample on-site parking with front and side access. The current monthly rent is approximately $16,841. The versatile zoning allows for wide commercial use, making it an excellent opportunity for cash flow and long-term appreciation. Future redevelopment potential exists on the approximately 2.9-acre site. Ideal uses include a mixed-use commercial complex, auto/contractor service center, showroom and storage combination, or retail/office/flex-space investment. It is ideal for investors, contractors, small business hubs, storage rentals, or redevelopment. Each condo unit has easy access for loading and storage.
Location Intelligence

Current Use by Public Records

Wood Art Furniture General Contractor Financial Auto Group ... Car Dealership outcastz custom cycleworks Motorcycle Shop Lil City Lounge Restaurant

Suggested Use

Real Estate Agency Restaurant Law Firm Dental Office Spa & Massage Center Building Supply Hair Salon Big Box & Wholesale Store Pharmacy Hotel & Motel

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

Location Insight

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  • Local Demand
City
Bunnell
County
Flagler
State
Florida
Longitude
-81.2634065
Latitude
29.4692219

FAQs

What type of property is this?
Mixed-use property - Nine-unit commercial complex with storage, ideal for investors or owner-users.
Where is this mixed-use property located?
The property is located at 703 S State St Bunnell, FL.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: - Prime location on high-visibility State Street (U.S.-1) in Bunnell's expanding commercial corridor, with convenient access to major routes (I-95 and SR-100) and nearby cities.; - Substantial monthly income of approximately $16,841 with a mix of stable tenants and owner-user potential.; - Versatile I-B zoning allowing for a wide range of commercial uses including office, retail, flex, or light industrial.
More about this property
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