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Lasbury Tracy Realty Inc
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$1,600,000

Active

703 S State St, Bunnell, FL 32110

20,878 sq ft

Listing courtesy of REALTY PROS ASSURED · MLS# V4945682

362 days on market

Refreshed from the Stellar MLS feed . This listing’s MLS record last changed .

About this property

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 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 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 clause governing the shared storage portion.

Facts

Property type
Mixed Use
Year built
1998
Flood zone
X
Annual taxes
$13,502/yr
Listed
Oct 31, 2025
MLS #
V4945682

Commercial details

Building & site

Building size
20,878 SF
Lot size
2.9 acres (126,237 SF)
Zoning
L-1
Road frontage
City Street, Highway
Buildings
1
Building features
Clear Span, Extra Storage, Fencing, Outside Storage, Overhead Doors

Investor metrics

Price per SF (MLS)
$76.64/SF

As reported by the listing broker in the MLS. Not verified by Lasbury-Tracy Realty — confirm with the listing broker before relying on them. We never estimate a cap rate.

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703 S State St, Bunnell, FL 32110

Listing courtesy of REALTY PROS ASSURED · MLS# V4945682 · Active

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Which day?
What time of day?

In person · Thu, Oct 29 · Morning (9-12)

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Where this property is

Opens on aerial — on this coast the canal, the lot and the neighbours answer more questions than a street grid does.

Similar properties

Listing information is provided in part by Stellar MLS, as distributed by MLS GRID. Based on information submitted to the MLS as of Oct 28, 2026, 11:13 PM (ET). All data is obtained from various sources and may not have been verified by broker or MLS. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.

Lasbury Tracy Realty Inc. · [email protected]