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Why You'll Love It
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 (7.98%) 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 saw 20% revenue growth from 2022 to 2023 and a modest 4% revenue growth from 2023 to 2024, despite the typical decrease in revenue seen in the car wash industry during election years. Built in 1991 and well maintained, this property saw renovations and user upgrades in 2022-2024.
Parcel #/ID
M0060274
Property Highlights
Commercial | Other |
- Centrally located in Monroe with 296 feet of road frontage on the high-traffic Spring Street
- In-place 2024 NOI of $124,657, expected to continue to grow in 2025
- About 5-7 hours of on-site routine maintenance required per week
- Zoned Commercial B-3 with redevelopment potential
- Limited competition in the area
- Real estate is included
- Click here to view the StoryMap
2024 Taxes:
$4,217
Zoning:
B-3
Cap Rate:
10 %
Building Size:
2070 sq ft
Year Built:
1991
Listing ID#:
3150316
Location
33.795005367851 , -83.722667836262
Monroe, GA











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