703 S State Street, BUNNELL, FL

$1,600,000

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20,878

Square feet

2.90

Acres

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
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Listing Details

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Neighborhood Information for 703 S State Street

Very Rapid Population Growth, Moderate Residential Turnover

Weather

Highs


January 68.40℉
July 92.00℉

Lows


January 73.60℉
July 73.60℉
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Precipitation


49.79

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Nearby Schools

Great Schools School Name Distance  
Great School

First Baptist Christian Academy

Private - Preschool to 12Th Grade - Closest Elementry School
0 Miles
Great School

Bunnell Elementary School

Public - Preschool to 6Th Grade
1 Miles
Great School

Flagler Virtual Instruction Program

Public - Kindergarten to 8Th Grade - Closest Middle School
1 Miles
Great School

Iflagler-Virtual Franchise

Public - 6Th Grade to 12Th Grade - Closest High School
1 Miles
Great School

Flagler Technical Institute

Public - to
3 Miles
Great School

Flagler-Palm Coast High School

Public - 9Th Grade to 12Th Grade
3 Miles
Great School

Rymfire Elementary School

Public - Preschool to 6Th Grade
3 Miles

School data provided by GreatSchools

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