850 Eastern Blvd Montgomery, AL 36117-1915
- Turn key restaurants
- 4,934 SF
- 1.32 lot acres
Jun 18, 2024
Current Use by Public Records
- Jan's Beach House Grill / Grill Store / Seafood Restaurant
- Burger King / Restaurant / Fast Food Restaurant
Property Details for 850 Eastern Blvd
- Year built
- 1979
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 1.32 lot acres
- Property size
- 4,934 SF
- Zone code
- B-4
- Property type
- Turn key restaurants
- APN
- 10-06-13-1-009-019.000
- APU
- 1006131009019000
Description
This vacant 3,332 square foot retail property, built in 2018, presents a unique investment opportunity in Montgomery, Alabama. Located at 850 N Eastern Blvd, in Montgomery County, zip code 36117 (32.4061842, -86.2140828), this former Burger King restaurant is ideally suited for a quick-service restaurant or fast-food operation. The asking price is $1,675,000, translating to $502.70 per square foot. The property is currently vacant, offering immediate occupancy for a new tenant. Its strategic location within a high-traffic area ensures excellent visibility and accessibility for customers. The building's 2018 construction ensures modern amenities and minimal deferred maintenance, reducing upfront capital expenditures for the new owner. This turnkey opportunity allows for a swift transition into operation, minimizing downtime and maximizing return on investment. The property's size and layout are well-suited for a variety of QSR concepts, making it an attractive option for both established and emerging brands. This is a rare chance to acquire a well-positioned, ready-to-occupy commercial property in a thriving Alabama market.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $260,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $243,000
Market price range: $243k - $779k
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Montgomery
- County
- Montgomery
- State
- Alabama
- Longitude
- -86.2116
- Latitude
- 32.3683
- CBSA code
- 33860
- CBSA name
- MONTGOMERY, AL METROPOLITAN STATISTICAL AREA