$1,260,000
( $424.24Per Sq Foot )
 $6,764 est/mo Sourced by Back At You

690 W Spring Street , Monroe, GA 30655

Monroe, GA 30655

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Description

Property Description: This car wash investment is comprised of a highly visible car wash with established cash flow. This property features 6 self-service bays and a touch-free automatic wash, situated in a prime Monroe, GA location. The property is currently generating an in-place NOI of $115,989. Positioned for success in a high-traffic area, this investment opportunity provides a solid foundation for long-term profitability and a compelling return on investment. Location Description: This car wash location is centrally located in a high-traffic area of Monroe, GA. Monroe is experiencing significant population growth, with a 7.62% increase since 2020. This property is just minutes from the popular historic downtown.

Details

MLS#10338665
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1991
Days On Site183
Listing Provided ByNAI Elrod Group | Brian Elrod

Features

SQ Feet2,970
ZoningCommercial
Acreage0.63

Market Activity 30655

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Learn More About This Property

StateGA
CountyWalton
CityMonroe
Zip Code30655
Listing VS Median (in 30655)
Price:
$1,260,000
low | high
Med:
$341,500
100% of Average
SqFt:
2,970
low | high
Med:
1,858
87.441077441077% of Average
$ / SqFt:
$424
low | high
Med:
$184
100% of Average
On Site:
183
low | high
Med:
129.000000
100% of Average
Sourced by Back At You
Listing Updated: January 8, 2025 at 11:29:17 PM PST