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    79 Commerce St Montgomery, AL 36104

    For Lease
    Contact for pricing

    Prime retail space, two suites available.

    Lot size:
    8,700 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional retail opportunity presents two available ground floor suites totaling 2,500 to 6,200 square feet in a vibrant downtown Montgomery location. Situated within a premier mixed-use development, this property offers high visibility and foot traffic. The building boasts 54 Class-A, environmentally friendly apartment units above, ensuring a consistent flow of potential customers. This location is highly desirable, offering immediate proximity to key attractions including Riverfront Park, the Renaissance Hotel, Montgomery's Riverwalk Stadium, and numerous popular restaurants. The property is conveniently located at 79 Commerce Street, Montgomery, Alabama, 36104, in Montgomery County. The space is ideal for multiple tenants and is currently shared with established businesses such as Mellow Mushroom and Strayer University, creating a synergistic and thriving commercial environment. The street retail space is perfect for businesses seeking high visibility and a strong customer base in a dynamic urban setting. This is a rare opportunity to establish a presence in one of Montgomery's most sought-after commercial locations. The total square footage is flexible, accommodating businesses of varying sizes.

    Property Features for 79 Commerce St

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    8,700 SF

    Unit(s) available at that property

    Space
    Suite 101
    Size
    6,200 SF
    Space
    Suite 106
    Size
    2,500 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    79 Commerce Apartment Building Strayer University School BeeDee Burger Restaurant

    Suggested Use

    Restaurant Realty agency Dental Office Spa & Massage Building Supply Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Montgomery
    County
    Montgomery
    State
    Alabama
    Longitude
    -86.311012
    Latitude
    32.3784007

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    FAQs

    What type of property is this?
    Individual retail property - Prime retail space, two suites available.
    Where is this individual retail property located?
    The property is located at 79 Commerce St Montgomery, AL.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    79 Commerce St Montgomery, AL 36104
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