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About This Home
This 0-bedroom, 9-bathroom commercial at 703 S State Street in Bunnell, FL is listed for $1,600,000 ($77 per sqft). Built in 2001, the home offers 20,878 sqft of living space on a 5.72 acres lot.
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 (per public record) Ample On-Site Parking with front and side access Concrete Block Construction ensures durability and low maintenance = degrees 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 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 investment Mixed-use commercial complex Auto or contractor service center
Showroom 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.
Key Features
- Built in 2001
- 5.72 acre lot
Property Details
Amenities
Monthly Cost Estimate
$8,557/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
703 S State Street
Bunnell, FL 32110
Property Details
Flooring
Construction
Parking
Heating
Cooling
Questions & Answers
This 0-bedroom, 9-bathroom commercial at 703 S State Street is listed at $1,600,000 ($77/sqft). The estimated monthly payment is $6,933 based on 20% down at 6.5% interest.
Key features include: Built in 2001, 5.72 acre lot.
This property is listed by Terry Sitaram and can be reached at 3862374444 or tsitaram@msn.com.
