142 Montgomery St Montgomery, AL 36104-3525
- Turn key restaurants
- 3,600 SF
- 0.04 lot acres
Current Use by Public Records
- Turn key restaurants
Property Details for 142 Montgomery St
- Year built
- 1920
- Lot size
- 0.04 lot acres
- Property size
- 3,600 SF
- Zone code
- T5
- Property type
- Turn key restaurants
- APN
- 11-01-12-4-404-011.000
- APU
- 1101124404011000
Description
This exceptional 3,600 square foot restaurant space, formerly home to Flames Grill, presents a unique opportunity in the heart of downtown Montgomery. The single-tenant property sits on a 0.41-acre lot and is zoned T5, allowing for a variety of uses. The existing 2,300 square foot interior features a fully equipped commercial kitchen, ready for immediate operation. Its prime location offers unparalleled access to a thriving community. Within walking distance are the Montgomery Convention Center, MPAC, the Equal Justice Initiative (EJI) site, prime historical tourist destinations, Riverfront Park, and a vibrant mix of hotels, restaurants, retail shops, offices, and entertainment venues. The property benefits from a high concentration of potential customers, with approximately 35,826 employees in downtown Montgomery and over 4,000 Troy University Montgomery students within a four-block radius. Its convenient location is also just 1.5 miles from the I-85/I-65 interchange and 2 miles from Maxwell Air Force Base, serving 25,000 active duty personnel, guards, reserves, contractors, and retirees, with the Air Force University attracting over 20,000 attendees annually. This property offers significant potential for a new restaurant or a similar business seeking a high-visibility location in a bustling urban environment. Montgomery County location.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $255,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $343,000
Market price range: $132k - $470k
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Location Insight
- Map
- Local Demand
- City
- Montgomery
- County
- Montgomery
- State
- Alabama
- Longitude
- -86.3105
- Latitude
- 32.3772
- CBSA code
- 33860
- CBSA name
- MONTGOMERY, AL METROPOLITAN STATISTICAL AREA