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.