703 S State Street, Bunnell, FL 32110
$1,600,000
Property Type:
Commercial Sale
Baths:
9
Square Footage:
10,689
Lot Size (sq. ft.):
249,163
Status:
Active
Current Price:
$1,600,000
List Date:
10/31/2025
Last Modified:
10/31/2025
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.
Supplements: 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.
More Information MLS# 1219480
General Property Information
Lot Size Acres: 5.72
Number Of Units Total: 9
Association YN: No
Water Body Access YN: Yes
Waterfront YN: No
Senior Community YN: No
Directions: US 1 & SR 100,Head South to 703 State
Public 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.
Building Area Total: 10689
Stories Total: 1
Building Area Source: Appraiser
Land Lease YN: No
List Price/SqFt: 149.69
Bathrooms Total: 9
Year Built: 2001
Contract Information
Seller Concessions Offered Y/N: Yes
Current Price: $1,600,000
List Price: $1,600,000
Status: Active
Listing Contract Date: 2025-10-31
Property Sub Type: Mixed Use
Location, Tax, and Legal
Country: US
Parcel Number: 10-12-30-0850-02990-0000
Tax Annual Amount: 13502.2
Tax Year: 2024
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
Zoning Description: Commercial
Currently Not Used
Additional Parcels YN: No
Bathrooms Total: 9
Year Built: 2001
Accessibility Features YN: Yes
Building Name: SIBS Plaza
Lock Box Type
None: 1
See Remarks: 1
Accessibility Features
Accessible Approach with Ramp: 1
Accessible Central Living Area: 1
Accessible Electrical and Environmental Controls: 1
Accessible Entrance: 1
Ceiling Track: 1
Common Area: 1
Reinforced Floors: 1
Visitor Bathroom: 1
Walker-Accessible Stairs: 1
Construction Materials
Block: 1
Brick: 1
Cement Siding: 1
Concrete: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Electric: 1
Exhaust Fan: 1
Heat Pump: 1
Multi Units: 1
Separate Meters: 1
Varies by Unit: 1
Current Use
Commercial: 1
Industrial: 1
Investment: 1
Mini Storage: 1
Mixed Use: 1
Office: 1
Retail: 1
Shopping Center: 1
Electric
220 Volts: 1
220 Volts in Garage: 1
220 Volts in Workshop: 1
440 Volts: 1
Fencing
Back Yard: 1
Wire: 1
Flooring
Carpet: 1
Concrete: 1
Terrazzo: 1
Tile: 1
Green Energy Efficient
Doors: 1
HVAC: 1
Lighting: 1
Thermostat: 1
Heating
Electric: 1
Heat Pump: 1
Hot Water: 1
Separate Meters: 1
Income and Expenses
Gross Income: 16841
Gross Scheduled Income: 18362
Listing Terms
Cash: 1
Conventional: 1
Other: 1
Lot Features
Split Possible: 1
Owner Pays
Sewer: 1
Taxes: 1
Trash Collection: 1
Water: 1
Parking Features
Additional Parking: 1
Assigned: 1
Attached Carport: 1
Carport: 1
Detached Carport: 1
Parking Lot: 1
RV Access/Parking: 1
Shared Driveway: 1
Varies by Unit: 1
Possession
Negotiable: 1
Road Frontage Type
City Street: 1
County Road: 1
Highway: 1
State Road: 1
Roof
Mixed: 1
Shingle: 1
Security Features
Fire Alarm: 1
Smoke Detector(s): 1
Sewer
Public Sewer: 1
Tenant Pays
All Utilities: 1
Cable TV: 1
Electricity: 1
Gas: 1
Hot Water: 1
HVAC Maintenance: 1
Insurance: 1
Unit 1 Details
Unit ID: 1
Annual Rent: 14400
Unit SqFt: 1200
# Units (This Type): 4
Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Currently restaurant
Unit 2 Details
Unit ID: 7
Annual Rent: 14400
Unit SqFt: 1400
# Units (This Type): 4
Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Currently bar & restaurant
Unit 3 Details
Unit ID: 8
Annual Rent: 14400
Unit SqFt: 1400
# Units (This Type): 3
Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Bar and Vape shop
Unit 4 Details
Unit ID: 2
Annual Rent: 19100
Unit SqFt: 1400
# Units (This Type): 2
Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Pet Grooming
Unit 5 Details
Unit ID: 3
Annual Rent: 19104
Unit SqFt: 1400
# Units (This Type): 2
Baths Total: 1
Furnished: Unfurnished
Unit Remarks: bail bonds center
Unit 6 Details
Unit ID: 4
Annual Rent: 18000
Unit SqFt: 1400
# Units (This Type): 3
Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Pet grooming
Unit 7 Details
Unit ID: 5
Annual Rent: 16800
Unit SqFt: 1250
# Units (This Type): 1
Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Tag office
Unit 8 Details
Unit ID: 6
Annual Rent: 19200
Unit SqFt: 1400
# Units (This Type): 1
Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Restaurant
Utilities
Cable Available: 1
Cable Connected: 1
Electricity Connected: 1
Sewer Available: 1
Sewer Connected: 1
Water Connected: 1
Water Source
Public: 1
Building Features
# Overhead Doors: 9
Building Class: A
Environmental Audit: N
Fenced: 1
Floor Plate Size: 8100
Informal Review: N
Loading Dock: 1
Max Parking Space Available: 25
Maximum Ceiling Height: 10
Office: 1
Outside Storage: 1
Overhead Door Height: 8 ft
Overhead Doors: 1
Private Restroom: 1
Rear Access: 1
Reception Area: 1
Restaurant: 1
Separate Office Area: 1
Separate Warehouse Area: 1
Showroom: 1
Storage: 1
Business Type
Accounting: 1
Administrative and Support: 1
Advertising: 1
Animal Grooming: 1
Appliances: 1
Aquarium Supplies: 1
Auto Dealer: 1
Auto Glass: 1
Auto Parts: 1
Auto Rent/Lease: 1
Auto Service: 1
Auto Stereo/Alarm: 1
Bakery: 1
Bar/Tavern/Lounge: 1
Barber/Beauty: 1
Business Park: 1
Cabinets: 1
Carpet/Tile: 1
Church: 1
Clothing: 1
Commercial: 1
Computer: 1
Convenience Store: 1
Deli/Catering: 1
Electronics: 1
Employment: 1
Fast Food: 1
Food & Beverage: 1
Furniture: 1
Gift Shop: 1
Grocery: 1
Hardware: 1
Health Food: 1
Hospitality: 1
Ice Cream/Frozen Yogurt: 1
Industrial: 1
Jewelry: 1
Laundromat: 1
Liquor Store: 1
Locksmith: 1
Mixed: 1
Office Supply: 1
Parking: 1
Pet Store: 1
Photographer: 1
Pizza: 1
Printing: 1
Professional Service: 1
Professional/Office: 1
Real Estate: 1
Rental: 1
Restaurant: 1
Retail: 1
Sporting Goods: 1
Storage: 1
Transportation: 1
Utility: 1
Video: 1
Warehouse: 1
Wholesale: 1
Other: 1
Ceiling Type
Drywall: 1
Insulated: 1
Plaster: 1
Suspended: 1
Existing Lease Type
Gross: 1
NN: 1
Other: 1
Location
Central Business District: 1
City: 1
Commerce Park: 1
County: 1
Shopping Center: 1
Operating Expense Includes
Accounting: 1
Insurance: 1
Licenses: 1
Maintenance Grounds: 1
Maintenance Structure: 1
Parking: 1
Pest Control: 1
Trash: 1
Water/Sewer: 1
Power Production Type
Ownership: Seller Owned
Sale Includes
Building & Land: 1
Furniture, Fixtures and Equipment: 1
Water Body Access Type
City: 1
Location Tax and Legal
Street Number: 703
Street Direction Prefix: S
Street Name: State
Street Suffix: Street
County: Flagler
State: FL
Postal Code: 32110
MLS Area Major: 60 - Palm Coast
Status Change Information
Major Change Timestamp: 2025-10-31T18:30:01Z
Major Change Type: New Listing
Property Features
Accessibility Features: 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
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
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
Ceiling Type: Drywall; Insulated; Plaster; Suspended
Construction Materials: Block; Brick; Cement Siding; Concrete
Cooling: Ceiling Fan(s); Central Air; Exhaust Fan; Heat Pump; Multi Units; Separate Meters; Varies by Unit
Current Use: Commercial; Industrial; Investment; Mini Storage; Mixed Use; Office; Retail; Shopping Center
Electric: 220 Volts; 220 Volts in Garage; 220 Volts in Workshop; 440 Volts
Existing Lease Type: Gross; NN; Other
Fencing: Back Yard; Wire
Flooring: Carpet; Concrete; Terrazzo; Tile
Green Energy Efficient: Doors; HVAC; Lighting; Thermostat
Heating: Electric; Heat Pump; Hot Water; Separate Meters
Listing Terms: Cash; Conventional; Other
Location: Central Business District; Commerce Park; County; Shopping Center
Lock Box Type: None; See Remarks
Lot Features: Split Possible
Operating Expense Includes: Accounting; Insurance; Licenses; Maintenance Grounds; Maintenance Structure; Parking; Pest Control; Trash; Water/Sewer
Owner Pays: Sewer; Taxes; Trash Collection; Water
Parking Features: Additional Parking; Assigned; Attached Carport; Carport; Detached Carport; Parking Lot; RV Access/Parking; Shared Driveway; Varies by Unit
Possession: Negotiable
Road Frontage Type: City Street; County Road; Highway; State Road
Roof: Mixed; Shingle
Sale Includes: Building & Land; Furniture, Fixtures and Equipment
Security Features: Fire Alarm; Smoke Detector(s)
Sewer: Public Sewer
Tenant Pays: All Utilities; Cable TV; Electricity; Gas; Hot Water; HVAC Maintenance; Insurance
Utilities: Cable Available; Cable Connected; Electricity Connected; Sewer Available; Sewer Connected; Water Connected
Water Source: Public
Listing Office:
Realty Pros Commercial
Last Updated: October - 31 - 2025
Information deemed reliable but not guaranteed.