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Property profile & analytics
FOR LEASE
Conventional restaurants

79 Commerce St Montgomery, AL 36104

Property ID
US03-0290198
Property summary
AI-generated overview

Located in the heart of Downtown Montgomery at 79 Commerce Street, 79C offers a rare mix of turnkey and flexible ground-floor space beneath 54 Class-A apartment units, with outstanding visibility and access to the CBD and Riverfront Attractions. 79C is within walking distance to Riverfront Park, the Renaissance Hotel, Riverwalk Stadium and the Montgomery Conference Center, with 32,000 vehicles per day, supporting strong daily traffic. Available spaces include: 6,200 SF fully built out restaurant space - ideal for operators seeking a plug and play footprint in a high energy downtown setting. 4,333 SF first-generation suite - a clean slate opportunity for retail, service or experiential concepts. 2,985 SF built-out office suite - well positioned for professional use or education/administrative concepts. With a number of new apartments delivered in the downtown area, nearby hotel demand and a strong employment base, 79C is positioned to capture daytime, evening and weekend traffic in one of Montgomery’s most walkable, amenity-rich districts.

Property profile
Verified
Property type Conventional restaurants
UPID US03-0290198
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • 79 Commerce Apartment Building
  • Strayer University High School
  • BeeDee Burger Restaurant
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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