703 S State Street Bunnell, FL $ 1,600,000
703 S State Street
$ 1,600,000
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703 S State Street

Bunnell, FL, 32110
$ 1,600,000
Bedrooms-- Baths9.0 Sq 10,689

Monthly Estimate*

$ 9,851

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Commercial Property for sale in Bunnell, FL

for $1,600,000 with 9 full baths. This 10,689 square foot building was built in 2001 on a lot size of 5.72.

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,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.

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Commercial Active

Price

$ 1,600,000

Full Bath

9

Property Type

Commercial

Taxes

$ 13,502

Style

Lot Size

5.72

Year Built

2001

Town/City

Bunnell

County/Region

Flagler

MLS | Web ID

1219480

Features
General
Sewer Public Sewer
Heating Electric Heat Pump Hot Water Separate Meters
Cooling Central Air Electric Multi Units Separate Meters Varies by Unit Ceiling Fan(s) Exhaust Fan Heat Pump
Utilities Cable Available Cable Connected Electricity Connected Sewer Available Sewer Connected Water Connected
Possession Negotiable
Roof Shingle Mixed
Security Features Fire Alarm Smoke Detector(s)
Construction Materials Block Brick Cement Siding Concrete
Year Built 2001
Electric 220 Volts 220 Volts in Garage 220 Volts in Workshop 440 Volts
Tenant Pays All Utilities Cable TV Electricity Gas Hot Water HVAC Maintenance Insurance
Property Subtype Mixed Use
Tax Year 2024
Current Use Commercial Industrial Investment Mixed Use Office Retail Mini Storage Shopping Center
Gross Income 16841
Business Type Accounting Administrative and Support Advertising Animal Grooming Appliances Aquarium Supplies Auto Dealer Auto Glass Auto Parts Auto Rent/Lease Auto Service Auto Stereo/Alarm Bakery Bar/Tavern/Lounge Barber/Beauty Business Park Cabinets Carpet/Tile Church Clothing Commercial Computer Convenience Store Deli/Catering Electronics Employment Fast Food Food & Beverage Furniture Gift Shop Grocery Hardware Health Food Hospitality Ice Cream/Frozen Yogurt Industrial Jewelry Laundromat Liquor Store Locksmith Mixed Office Supply Parking Pet Store Photographer Pizza Printing Professional Service Professional/Office Real Estate Rental Restaurant Retail Sporting Goods Storage Transportation Utility Video Warehouse Wholesale Other
Building Name SIBS Plaza
Accessibility Accessible Approach with Ramp Accessible Central Living Area Accessible Electrical and Environmental Controls Accessible Entrance Ceiling Track Common Area Reinforced Floors Visitor Bathroom Walker-Accessible Stairs
County Flagler
Property Type Commercial Sale
HOA false
Attached Garage false
Energy Efficient Doors HVAC Lighting Thermostat
Building Features Fenced Loading Dock Office Outside Storage Overhead Doors Private Restroom Rear Access Reception Area Restaurant Separate Office Area Separate Warehouse Area Showroom Storage
Status Active
Directions US 1 & SR 100 Head South to 703 State
City Bunnell
Senior Community Y/N false
Zoning Description Commercial
Number Of Units Total 9
MLS Area 60 - Palm Coast
Lot Size Units Acres
Lot Size Square Feet 249163.2
Land Lease Y/N false
Tax Annual Amount 13502.2
MLS Area Minor 60 - Palm Coast
Additional Parcels Y/N false
Lease Type Gross NN Other
Standard Status Active
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
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Interior
Flooring Carpet Concrete Terrazzo Tile
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Total Baths 9
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Exterior
Fencing Back Yard Wire
Parking Features Additional Parking Assigned Attached Carport Carport Detached Carport Parking Lot RV Access/Parking Shared Driveway Varies by Unit
Lot Features Split Possible
Water Source Public
Lot Size Area 5.72
Building Area Total 10689
Lot Size Acres 5.72
Waterfront Y/N false
Road Frontage Type City Street County Road Highway State Road
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* Excluded Features
List By
Terry Sitaram

Listing Agent

Realty Pros Commercial

Broker

tsitaram@msn.com

Email

Affordability Calculator

$10,977
Per Month
90%
10%
0%
Monthly Principal & Interest
$9,851
Monthly Property Taxes
$1,125
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/31/2025$1,600,000 Listed Price

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703 S State Street, Bunnell, FL, 32110 is a Commercial Property for sale at $1,600,000 with 10,689 sqft and a lot size of 5.72. 703 S State Street has 9.0 baths and was built in 2001. The property's zip code is 32110 which is in Bunnell, FL