Building Details

Building Size 884 SF

Listing Agency: Lee & Associates - Raleigh Durham j***@lee-associates.com Show Phone

Listed By: Jonathon Harriss · License #319553 Show Phone

Source: Lee-associates

Added: Mar 4 Changed: Aug 20 Last Checked: Aug 20 at 5:12AM

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Investment Insights

Based on property information with market context.

Located at 300 Main Street in downtown Newton Grove, NC, this property offers a fully repositioned car wash. Recent upgrades to all equipment have transformed it into a modernized operation with stable revenue and upside potential. Situated on NC-50 (Main Street), the primary commercial corridor, the property benefits from excellent visibility, easy access, and consistent exposure to local and pass-through traffic due to its location just off the downtown traffic circle. Newton Grove acts as a commercial hub for the surrounding rural area with limited competing services and convenient access to I-40, connecting to Raleigh, Fayetteville, and the greater region. The property is zoned Central Business District and includes land, equipment, and the operating business. It is well-suited for an owner-operator, value-add investor, or buyer seeking a manageable car wash in a supply-constrained rural market. City water and sewer utilities are available. A reclaim system is installed, capable of recycling up to approximately 80% of water, though it is not currently connected. The location is adjacent to strong retail, near a Food Lion and Family Dollar, both ranking among the top-performing stores in the state by volume.

Key Highlights

• Fully repositioned car wash with upgraded equipment, offering stable revenue and upside potential.
• Located on Main Street (NC‑50) in downtown Newton Grove, providing excellent visibility and easy access.
• Located in a supply‑constrained rural market with limited competition.

Property Analytics

Property Profile

Current Use

BB&T Insurance Services Insurance Agency

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Auto Parts Store Garden Center Grocery & Convenience Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

140

Businesses Nearby

Explore this area Business Placement

Demographics for 28366, NC

4,948

Population

2,118

Households

2.3

Avg Household Size

39

Median Age

19%

College-Educated

85%

High-School Grad

86.0 sq mi

ZIP Area

58

Density / Sq Mi

$57,803

Median Household Income

$50,268

Median Earnings

$942

Median Rent

$127,600

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

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Frequently Asked Questions

What type of property is this?

Car wash - Modernized car wash in Newton Grove, NC for sale.

Where is this car wash located?

The property is located at 300 Main St Newton Grove, NC.

What is the asking price?

The asking price for this property is $425,000.

What are key features of this property?

This property features: Fully repositioned car wash with upgraded equipment, offering stable revenue and upside potential.; Located on Main Street (NC‑50) in downtown Newton Grove, providing excellent visibility and easy access.; Located in a supply‑constrained rural market with limited competition.