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690 W Spring Street

Monroe, GA 30655
  • $1,260,000
  • STATUS: Active
  • ON SITE: 145 Days
  • MLS #: 1019345
UPDATED: 50 min ago
$1,260,000
  • 0
    BEDS
  • 0.63
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1991
County:
Area:

School Ratings & Info

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.1. 6 self-service bays plus a touch-free automatic wash, 2. Centrally located in Monroe, GA, 3. In-place NOI of $115,989 (based on 2024 YTD numbers being annualized as of 8/28/24)

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Classic MLS logo © 2024 Multiple Listing Service of the Athens Area Association of REALTORS®. All Rights Reserved. The data relating to real estate for sale or lease on this web site comes in part from the MLS of the Athens Area Association of REALTORS® Broker Reciprocity Database. Real estate listings held by brokerage firms other than Signature Real Estate of Athens are marked with the Broker Reciprocity logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Signature Real Estate of Athens. Data last updated: 2024-12-08T21:21:17.667.
www.signaturerealestateofathens.com/homes/152622282
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690 W Spring Street Monroe, GA 30655

  • Price: $1,260,000
  • Status: Active
  • On Site: 145 Days
  • Updated: 50 min ago
  • MLS #: 1019345
0
Beds
0
Baths
0
½ Baths
0.63
Acres
1991
Built
Neighborhood:
No Recorded Subdivision
County:
Walton Co.
Area:
Monroe
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.1. 6 self-service bays plus a touch-free automatic wash, 2. Centrally located in Monroe, GA, 3. In-place NOI of $115,989 (based on 2024 YTD numbers being annualized as of 8/28/24)
Exterior Features

Building Features No Loading Pole Sign Construction Materials Brick Exterior Features None Garage YN Yes Other Structures Other See Remarks Parking Features Finished Garage Parking Available Parking Total 6

Interior Features

Cooling None Cooling YN No Foundation Details Slab Heating None Heating YN No Interior Features None Levels One Main Level Bathrooms 0 Rooms Other

Property Features

Association YN No Lot Features Level Other Equipment Other Possession Closing Property Sub Type Retail Property Sub Type Additional Retail Sewer Public Sewer Tax Annual Amount 3268.35 Tax Year 2023 Utilities Other See Remarks Water Source Public Zoning Description Commercial

[Athens Area Association of Realtors] logo Listing provided courtesy of NAI Elrod Group: (706) 553-1000. © 2024 Multiple Listing Service of the Athens Area Association of REALTORS®.


Classic MLS logo © 2024 Multiple Listing Service of the Athens Area Association of REALTORS®. All Rights Reserved. The data relating to real estate for sale or lease on this web site comes in part from the MLS of the Athens Area Association of REALTORS® Broker Reciprocity Database. Real estate listings held by brokerage firms other than Signature Real Estate of Athens are marked with the Broker Reciprocity logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Signature Real Estate of Athens. Data last updated: 2024-12-08T21:21:17.667.
 
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Signature Real Estate of Athens
3149 Atlanta Highway, Suite 4A
Athens GA, 30606