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Mixed-Use Retail Space
For Lease
$173,495

A101-890 Central Ave, Palm Coast, FL 32137

Ground-floor commercial suites sit below a residential component at a Town Center property.

Space SizeContact for details
Days on Market329

Property Features for A101-890 Central Ave

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $205,030
Listing Agency: ONE SOTHEBYS INTERNATIONAL
Listed By: Cornelia Downing Manfre · License #BK3008604
Source: Exprealty
Added: Nov 14, 2025 Changed: Oct 6 Last Checked: Oct 7 at 3:17PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ONE SOTHEBYS INTERNATIONAL

Investment Insights

Based on property information with market context.

The Promenade is a mixed-use development with 57,000 square feet of ground-floor commercial space and 204 studio, one-bedroom, and two-bedroom residences above. The listed space is 4,957 square feet; available suite sizes range from 1,200 to 5,000 square feet. Completion is expected in Q4 2026. Signed commercial tenants include 6th Street Deli, Fleet Feet, Enchanted MedSpa, SIM Lounge Golf & Sport, Advent Health Sports Rehab, and Grandpa Joe’s Candy Shop.

The property occupies the southwest corner of Central Avenue and Bulldog Drive, opposite Central Park and City Hall in Palm Coast’s Town Center. The surrounding Town Center residential base includes approximately 1,500 single-family homes, townhomes, and apartments.

Key Highlights

  • 4,957‑square‑foot listing in a 57,000‑square‑foot ground‑floor commercial component
  • Available suite sizes range from 1,200 to 5,000 square feet
  • 204 studio, one‑bedroom, and two‑bedroom residences above the commercial space

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick HVAC Service Nail Salon (Bike/Boat/Book/etc) Store Law Firm Spa & Massage Center Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

58
Businesses Nearby

Demographics for 32137, FL

46,258
Population
24,717
Households
1.9
Avg Household Size
57
Median Age
37%
College-Educated
95%
High-School Grad
62.4 sq mi
ZIP Area
741
Density / Sq Mi
$78,731
Median Household Income
$42,249
Median Earnings
$1,790
Median Rent
$360,600
Median Home Value

Market

Lease Benchmarks for Palm Coast, FL

$35 /SF/Yr
Avg Asking Price
$35–$35 /SF/Yr
Price Range
3,942 SF
Avg Space Size

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Ground-floor commercial suites sit below a residential component at a Town Center property.
Where is this mixed-use property located?
The property is located at A101-890 Central Ave Palm Coast, FL.
What is the lease rate?
The lease rate is $173,495.
What are key features of this property?
This property features: 4,957‑square‑foot listing in a 57,000‑square‑foot ground‑floor commercial component; Available suite sizes range from 1,200 to 5,000 square feet; 204 studio, one‑bedroom, and two‑bedroom residences above the commercial space
More about this property
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