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Listed by Brian Elrod • NAI Elrod Group
$1,260,000
Est. payment /mo
0.63 Acres Lot
Price Dropped by $1.3M
690 W Spring ST Monroe, GA 30655
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 10338665
Construction Status Updated/Remodeled
Year Built 1991
Annual Tax Amount $3,268
Tax Year 2023
Lot Size 0.630 Acres
Property 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.
Location
State GA
County Walton
Zoning Commercial
Interior
Heating None
Cooling None
Flooring Other
Exterior
Parking Features Parking Lot, Paved
Utilities Available Other
Roof Type Composition
Building
Sewer Public Sewer
Construction Status Updated/Remodeled
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