703 S State Street
Bunnell, FL 32110

Listed at $1,600,000

Details

  • MLS# 1219480
  • Commercial - Industrial
  • Status Active
  • 0 Bedrooms
  • Bathrooms
  • 0 Square Feet
  • 5.720 acres
  • Built in 2001
  • Local Schools

Description

9-Unit Commercial / Mixed-Use Complex with 7 Storage UnitsZoning: I-B (Industrial/Business)Building Size: ±8,500 SF | Lot Size: ±2.9 AcresIncome: Approx. $16,841/monthPrime LocationSituated 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 OverviewNine (9) Condominium-Style Units: Each ranging from...read more approximately 1,200 - 1,400 SFIndependent electric meters and private entrancesIndividual HVAC systemsFlexible configurations suitable for office, retail, flex, or light industrial useRear 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 eachTotal Building Area: ±8,500 SF (per public record)Ample On-Site Parking with front and side accessConcrete Block Construction ensures durability and low maintenance=° Investment HighlightsCurrent monthly rent: ±$16,841Mix of stable tenants and owner-user potentialHigh traffic exposure along a major U.S. routeVersatile zoning (I-B) allows for wide commercial useExcellent opportunity for cash flow + long-term appreciationFuture redevelopment potential on ±2.9-acre site Ideal UsesMixed-Use Commercial ComplexAuto / Contractor Service CenterShowroom + Storage CombinationRetail / Office / Flex-Space InvestmentInvestor or Owner-User HubThis property entity includes a Separation Agreement governing the shared storage area.Do not disturb tenants.Each condo unit has independent electric meters and private entrances,electric meters, Air Condition & heating system Concrete block construction; easy access for loading and storage.Ideal for: investor, contractor, small business hub, storage rental, 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 an excellent time to investmentMixed-use commercial complexAuto or contractor service centerShowroom and storage combo,Retail, office, or flex-space investment This entity includes a separation agreement governing the shared storage portion.Please contact the listing agent directly to discuss the full sales package and ownership details.

Features

  • Central Air, Electric, Multi Units, Separate Meters, V
  • Carpet
  • Concrete
  • Terrazzo
  • Tile
  • Electric, Heat Pump, Hot Water, Separate Meters
  • $13,502 Taxes
  • Public
  • Built in 2001
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All Property Features

  • Property Type: Commercial - Industrial
  • Accessibility: Accessible Approach with Ramp, Accessible Central Living Area, Accessible Electrical and Environmental Controls, Accessible Entrance, Ceiling Track, Common Area, Reinforced Floors, Visitor Bathroom, Walker-Accessible Stairs
  • Business Type: Accounting, Administrative and Support, Advertising, Animal Grooming, Appliances, Aquarium Supplies, Auto Dealer, Auto Glass, Auto Parts, Auto Rent/Lease, Auto Service, Auto Stereo/Alarm, Bakery, Bar/Tavern/Lounge, Barber/Beauty, Business Park, Cabinets, Carpet/Tile, Churc
  • Cooling: Central Air, Electric, Multi Units, Separate Meters, V
  • Days on Site: 127
  • Directions: US 1 & SR 100,Head South to 703 State
  • Exterior: Block, Brick, Cement Siding, Concrete
  • Flooring: Carpet, Concrete, Terrazzo, Tile
  • Fuel Type: Electric
  • Heating: Electric, Heat Pump, Hot Water, Separate Meters
  • Listing Terms: Cash, Conventional, Other
  • Lot Description: Split Possible
  • Lot Size: 5.72 Acres
  • Parcel #: 10-12-30-0850-02990-0000
  • Parking: Additional Parking, Assigned, Attached Carport, Carport, Detached Carport, Parking Lot, RV Access/Parking, Shared Driveway, Varies by Unit
  • Property Attached Y/N: No
  • Property Sub-Type: Mixed Use
  • Road Frontage: City Street, County Road, Highway, State Road
  • Roof Type: Shingle, Mixed
  • Security Features: Fire Alarm, Smoke Detector(s)
  • Sewer: Public Sewer
  • SQFT Total: 10689
  • Taxes: $13,502
  • Tenant Pays: All Utilities, Cable TV, Electricity, Gas, Hot Water, HVAC Maintenance, Insurance
  • Units: 9
  • Utilities: Cable Available, Cable Connected, Electricity Connected, Sewer Available, Sewer Connected, Water Connected
  • Water: Public
  • Year Built: 2001