Monroe, GA 30655,690 W Spring ST
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Monroe, GA 30655,690 W Spring ST
Monroe, GA 30655,690 W Spring ST
Monroe, GA 30655,690 W Spring ST
Monroe, GA 30655,690 W Spring ST
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Listed by Brian Elrod • NAI Elrod Group
$ 1,260,000
Est. payment /mo
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Price Dropped by $1.3M

690 W Spring ST Monroe, GA 30655

0.63 Acres Lot


UPDATED:

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

Garage Parking Lot, Paved

Utilities Available Other

Roof Type Composition

Building

Sewer Public Sewer

Construction Status Updated/Remodeled


Georgia MLS (GAMLS)

Jordan Gallup

Advisor | License ID: 3334633

+1(904) 760-9393

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690 W Spring ST