703 S State Street

Description

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 OverviewNine (9) Condominium-Style Units: Each ranging from... Read more approximately 1,200 - 1,400 SFIndependent electric meters and private entrancesIndividual HVAC systemsFlexible configurations suitable for office, retail, flex, or light industrial useRear 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 eachTotal Building Area: +8,500 SF Ample On-Site Parking with front and side accessConcrete Block Construction ensures durability and low maintenance.=? Investment HighlightsCurrent monthly rent: +$16,841Mix of stable tenants and owner-user potentialHigh traffic exposure along a major U.S. routeVersatile zoning (I-B) allows for wide commercial use.Excellent opportunity for cash flow + long-term appreciationFuture redevelopment potential on +2.9-acre siteIdeal UsesMixed-Use Commercial ComplexAuto / Contractor Service CenterShowroom + Storage CombinationRetail / Office / Flex-Space InvestmentInvestor or Owner-User HubThis 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 systemConcrete 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 complexAuto or contractor service centerShowroom-and-storage combo: Retail, office, or flex-space investment. This entity includes a separation clause governing the shared storage portion.