About 703 S State Street
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.
Features of 703 S State Street
| MLS® # | V4945682 |
|---|---|
| Price | $1,600,000 |
| Square Footage | 20,878 |
| Acres | 2.90 |
| Year Built | 1998 |
| Type | Commercial Sale |
| Sub-Type | Mixed Use |
| Status | Active |
Listing Details
| Office | REALTY PROS ASSURED |
|---|
Listing Map
Neighborhood Information for 703 S State Street
Very Rapid Population Growth, Moderate Residential Turnover
Statistics
Number of Listings
Population Age
Home Listings Prices
Nearby Schools
| Great Schools | School Name | Distance | |
|---|---|---|---|
|
First Baptist Christian Academy Private - Preschool to 12Th Grade - Closest Elementry School |
0 Miles | |
|
Bunnell Elementary School Public - Preschool to 6Th Grade |
1 Miles | |
|
Flagler Virtual Instruction Program Public - Kindergarten to 8Th Grade - Closest Middle School |
1 Miles | |
|
Iflagler-Virtual Franchise Public - 6Th Grade to 12Th Grade - Closest High School |
1 Miles | |
|
Flagler Technical Institute Public - to |
3 Miles | |
|
Flagler-Palm Coast High School Public - 9Th Grade to 12Th Grade |
3 Miles | |
|
Rymfire Elementary School Public - Preschool to 6Th Grade |
3 Miles |
School data provided by GreatSchools
