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Property profile & analytics
OFF-MARKET
Auto shops

206 Hiawatha E Dr Wabasha, MN 55981-1553

2,057 SF Built 1928
Entity Owned ~ Est. High Equity
Property ID
US46-2991845
Property summary
AI-generated overview

This exceptional business opportunity is located at 206 E Hiawatha Dr, Wabasha, Minnesota. The property boasts a substantial 3,200 square feet of space, perfectly suited for a thriving automotive repair business. The building features three spacious vehicle bays, providing ample room for servicing multiple vehicles simultaneously. An included office space offers a dedicated area for administrative tasks and client interaction. The property sits on a 0.16-acre lot, providing convenient access and excellent visibility. Its prime location along the main road in Wabasha ensures high traffic volume and strong curb appeal, attracting potential customers. The existing setup includes all the essential equipment and infrastructure necessary to immediately commence operations, making this a turnkey opportunity for a new owner. This well-established mechanic shop presents a rare chance to acquire a profitable business with significant growth potential in a desirable location. The asking price for this turnkey operation is $349,500. This represents a significant value for a ready-to-go business with established clientele and a strong reputation within the community. Don't miss this chance to own a successful and established business in the heart of Wabasha.

Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1928
Total area 2,057 SF
APN R27.00673.03
UPID US46-2991845
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Dons Automotive LLC
Dons Automotive LLC
since 2025
3 recorded transactions
2026
Price N/A
2025
$212,500
2022
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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