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    828 Main St Red Wing, MN 55066

    Sponsored
    For Sale
    Contact for pricing

    7,300 SF Auto Shop - Sale or Lease

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 7,300 square foot Class A retail property, currently occupied by Big O Tires at 100% occupancy, is available for sale or lease. Located at 828 Main St, Red Wing, Minnesota, 55066, this single-story building offers a prime location in Goodhue County. The property features a brick exterior and is situated on a site with ample on-site and street parking, plus additional parking is available. The lease is a Net-Net-Net (NNN) agreement, making it an attractive investment opportunity. The building's roof and HVAC systems are in good condition. Existing equipment may remain with the sale. This presents a unique opportunity for either an end-user seeking a well-maintained auto shop or an investor looking for a stable, long-term NNN lease. The property's strong tenant and desirable location make it an excellent addition to any portfolio. Contact us today to learn more about this exceptional opportunity.

    Property Features for 828 Main St

    General Information

    Property type
    Automotive properties
    Class
    A

    Building Details

    Buildings
    1
    Stories
    1

    HighLights

    • Ample on‑site and street parking.
    • Abundant additional parking available.
    • Attractive brick exterior.
    • Existing equipment included.
    • Original roof in excellent condition.
    • HVAC systems in good working order.
    Property Profile Location Intelligence

    Current Use by Public Records

    Auto shops

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Red Wing
    County
    Goodhue
    State
    Minnesota
    Longitude
    -92.540702781166
    Latitude
    44.563580131585

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    FAQs

    What type of property is this?
    Automotive property - 7,300 SF Auto Shop - Sale or Lease
    Where is this automotive property located?
    The property is located at 828 Main St Red Wing, MN.
    What are key features of this property?
    This property features: Ample on-site and street parking.; Abundant additional parking available.; Attractive brick exterior.
    (952) 465-3377
    Request Owner's contact information
    828 Main St Red Wing, MN 55066
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    828 Main St Red Wing, MN 55066
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