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703 S State St S
Bunnell, FL 32110
Commerce de détail Propriété À vendre
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Faits saillants de l'investissement
- Prime Multi-Unit Investment Opportunity along busy US-1 / State Street in the heart of Bunnell’s growing business corridor
- Separate Storage Income: Rear section features 7 storage units (five × 250 SF, two × 500 SF) jointly owned and income-producing
- Lot Size: ± 2.9 acres with ample parking and excellent frontage visibility
- 9 Condominium-Style Units (approx. 800-–1200 SF each) ideal for office, retail, Showroom 7 storage units
- Total Building Area: approx. 8,500 SF (per public record)
- Zoning: I-B (Industrial/Business) — flexible for retail, office, or light industrial usesUtilities: Each condo unit has independent electric meter.
Résumé de l'annonce
Investor Opportunity – High-Visibility Income Property in the City of Bunnell!
Located directly on U.S. 1 (State Street), this solid concrete block commercial complex offers excellent visibility, multiple income streams, and strong upside potential. The property includes nine (9) retail/office storefront units plus seven (7) income-producing storage spaces, most of which are newly renovated and fully leased.
Current gross monthly income is $13,841, with annual taxes of $13,518 and an estimated NOI of approximately $144,000, providing immediate positive cash flow. Leases renew in 2026, with projected income expected to increase to over $16,841 per month, offering built-in appreciation and higher future returns.
Zoned I-B (Industrial/Business), allowing for a variety of commercial uses, this well-maintained property features ample parking, substantial frontage, and stable tenancy. Ideal for an investor or owner-user seeking a high-yield, low-maintenance property in Flagler County’s growing Business corridor.
Located directly on U.S. 1 (State Street), this solid concrete block commercial complex offers excellent visibility, multiple income streams, and strong upside potential. The property includes nine (9) retail/office storefront units plus seven (7) income-producing storage spaces, most of which are newly renovated and fully leased.
Current gross monthly income is $13,841, with annual taxes of $13,518 and an estimated NOI of approximately $144,000, providing immediate positive cash flow. Leases renew in 2026, with projected income expected to increase to over $16,841 per month, offering built-in appreciation and higher future returns.
Zoned I-B (Industrial/Business), allowing for a variety of commercial uses, this well-maintained property features ample parking, substantial frontage, and stable tenancy. Ideal for an investor or owner-user seeking a high-yield, low-maintenance property in Flagler County’s growing Business corridor.
Faits sur la propriété
Type de vente
Investissement ou propriétaire utilisateur
Type de propriété
Taille du bâtiment
8 611 pi²
Classe d’immeuble
B
Année de construction
1998
Prix
2 188 544 $ CAD
Prix par pi²
254,16 $ CAD
Taux de capitalisation
10,33%
Revenu net d’exploitation
226 077 $ CAD
Pourcentage loué
100%
Location
Multiples
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,07
Taille du lot
2,90 AC
Zonage
I-B - Utilisation future I-B (Industriel/Commercial) L-1 Confirmer avec la Ville
Stationnement
25 places (2,9 places par 1 000 pi² loué)
Façade
268’ sur State St
Commodités
- Accès 24 heures
- Lot de coin
- Aire de restauration
- Enseigne sur pylône
- Restaurant
- Affichage
- Espace d'entreposage
- Climatisation
Impôts fonciers
| Numéro de lot | 10-12-30-0850-02990-0000 | Évaluation des bâtiments | 841 002 $ CAD |
| Évaluation du terrain | 0 $ CAD | Évaluation totale | 841 002 $ CAD |
Impôts fonciers
Numéro de lot
10-12-30-0850-02990-0000
Évaluation du terrain
0 $ CAD
Évaluation des bâtiments
841 002 $ CAD
Évaluation totale
841 002 $ CAD
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