703 S State St, Bunnell, FL 32110 | For Sale

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For Sale $1,600,000 ($76.64 per Sq Ft)

$1,600,000 ($76.64 per Sq Ft)
  • (0)
  • Units
  • 20,878 Sq Ft
  • 126,237 Sq Ft
  • Unknown Cap Rate

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

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 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 clause governing the shared storage portion.

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


The income description goes here to explain

Expenses

Property Details

List Price $1,600,000
Property Type Flex Space
Usable Sqft 20,878
Number of Stories 0 stories
Parking Spots 0 spots
Year Built 1998
Last Sold Unknown
Sold Price Unknown
APN # 1012300850029900000
MLS # V4945682
Property ID 296192070
Lot Sqft 126,237
Zoning L-1
Days on Market 289
Original List Price $1,600,000
Date Updated June 16, 2026
Date Created October 31, 2025

Financials not available online. Please inquire with your agent for more details.

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Listing Provided By

Terry Sitaram an agent of . Lic #3092297


© 2026 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of June 16, 2026 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.



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