$980,823

690 W Spring Street, Monroe GA, 30655

Property typeCommercial

Overview

Active

Updated 4h ago

Prime turn-key investment car wash opportunity in Monroe, Georgia. This car wash is comprised of 6 self-serve bays, 1 touch-free in-bay automatic, and 5 vacuums. Monroe itself has seen significant population growth (8%) since 2020 and continues to grow steadily. The car wash is centrally-located in Monroe in a highly visible and heavily traveled area. The business has seen consistent growth since acquisition in 2022, and saw 8% NOI growth in 2025. Real estate appraised for $550,000 in 2022 and has appreciated since as the market has grown. Built in 1991 and well maintained, this property saw renovations and user upgrades in 2022-2024.

Courtesy of National Land Realty, Atlanta, GA with ,
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