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Mixed-Use Retail Space
For Lease
$163,625

A107a-890 Central Ave, Palm Coast, FL 32137

Ground-floor commercial suites are planned within a development combining retail and services with apartments above.

Space SizeContact for details
Days on Market18

Property Features for A107a-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: Sep 22 Changed: Sep 28 Last Checked: Oct 7 at 4:44PM

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 at Town Center is a planned 57,000-square-foot development with commercial space on the first floor and 204 studio, one-bedroom, and two-bedroom residences above. Commercial suites range from 1,200 to 5,000 square feet, with completion expected in Q4 2026. Retail, restaurant, medical, and office uses are identified for the ground-floor space. Signed commercial tenants include 6th Street Deli, Fleet Feet, Enchanted MedSpa, SIM Lounge Golf & Sport, Advent Health Sports Rehab, and Granpa Joe’s Candy Shop.

The property is at the southwest corner of Central Avenue and Bulldog Drive in Palm Coast, directly across from Central Park and City Hall. The Town Center area includes approximately 1,500 single-family homes, townhomes, and apartments. Plans also incorporate outdoor amenity areas and connections to trails and a greenbelt.

Key Highlights

  • 57,000‑square‑foot development with commercial space on the first floor
  • Commercial suites range from 1,200 to 5,000 square feet; completion expected Q4 2026
  • 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 are planned within a development combining retail and services with apartments above.
Where is this mixed-use property located?
The property is located at A107a-890 Central Ave Palm Coast, FL.
What is the lease rate?
The lease rate is $163,625.
What are key features of this property?
This property features: 57,000‑square‑foot development with commercial space on the first floor; Commercial suites range from 1,200 to 5,000 square feet; completion expected Q4 2026; 204 studio, one‑bedroom, and two‑bedroom residences above the commercial space
More about this property
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