Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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Restaurant
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Restaurant
Location
Value estimations
Owner & transaction history
Zoning & alternative use
or of a tenant space in a multi-tenant building, to any residential or PUD residential district line. Facilities operating prior to the adoption of this ordinance shall be considered legal non-conforming. Local Shopping…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
B-4 · Montgomery, ALor of a tenant space in a multi-tenant building, to any residential or PUD residential district line. Facilities operating prior to the adoption of this ordinance shall be considered legal non-conforming. Local Shopping…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
or of a tenant space in a multi-tenant building, to any residential or PUD residential district line. Facilities operating prior to the adoption of this ordinance shall be considered legal non-conforming. Local Shopping…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for B-4 in Montgomery, AL.
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