$1,600,000
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.
V4945682
MLS
703 S State Street, Bunnell
Listing courtesy of REALTY PROS ASSURED. 386-677-7653