Active

$1,600,000

Features:
  • Bedrooms
  • 0 Bathrooms
  • 20878 sq ft
Overview
  • ID: MFRV4945682
  • Bedrooms:
  • Bathrooms: 0
  • Size: 20878 sq ft
Property Details
Remarks
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. =° 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, 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 agreement governing the shared storage portion. Please contact the listing agent directly to discuss the complete sales package and ownership details.
Financial Considerations
Price:
$1,600,000
HOA Fee:
N/A
Tax Amount:
$13502
Price per SqFt:
$76.64
Tax Legal Description:
TOWN OF BUNNELL BLKS 299 & 300 LYING WEST OF US-1 & 1/2 OF VACANTED SHORT STREET LYING SOUTH OF BLK 299 ALSO 2.+/- AC BUNNELL DEV CO SUBD BLK C PT TR 5 LYING S OF BLK 300 & BETWEEN US-1 & FEC R/R PARCEL HAS 234. ON WLY BOUNDARY US-1 & 301.47' ON ELY BOUND
Exterior Features
Lot Size:
126237
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
Parking Spaces - 13 to 18
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
Bathrooms:
0
Heating:
Central, Heat Pump
Cooling:
Mini-Split Unit(s)
Appliances:
N/A
Furnished:
No
Floor:
Ceramic Tile
Levels:
N/A
Additional Features
Property Sub Type:
Mixed Use
Style:
N/A
Year Built:
1998
Construction Type:
Block, Brick, Cement Siding, Concrete
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
N/A
Additional Features 2:
N/A
Map
  • Address
    703 S STATE ST
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