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PENDING! Auto Repair Business For Sale
29309 Patriot Avenue, Pequot Lakes, MN 56472
For Sale $419,000.00

PENDING! Excellent opportunity to own a successful auto repair business. With a 24- year operating history in the City of Pequot Lakes, Watt Automotive has established its position in the local auto repair market. Watt Automotive offers the option for a new owner to continue with the established operations in place as well as to pursue various growth opportunities. The location has frontage and easy access along the heavily traveled Patriot Ave corridor leading to downtown Pequot.

  • Purchase Price: $419,000.00
  • Directions: From the stoplight intersection in Pequot Lakes (Patriot Ave/CR11) - South on Patriot Ave 1 3/4 miles - Property is on the right (west) just before Chamber Lane
  • Building Size Total (Sq. Ft): 4,992
  • Building Size Main (Sq. Ft): 4,992
  • Lot Size (Sq. Ft): 50,094
  • Lot Size (Acres): 1.15
  • Lot Dimensions: 100' x 234.63' x 45.69' x 183' x 145.71' x 418.13'
  • Road Frontage: 100’ along Patriot Ave
  • Price Note: $419,000 + Inventory (Purchase Price Includes Business, Real Estate, Equipment, Furniture & Fixtures)
  • Property Tax Year: 2018
  • Annual Property Tax: $5,022.00
  • Business Name: Watt Automotive
  • Type of Business: Auto Repair
  • Business Website: www.wattautomn.com
  • Year Established: 1995
  • # of Employees: 4
  • Reason For Selling: Megan Carlson took over the business operations after her father passed away in September 2015. Megan has other career interests she would like to pursue. The business is thriving and in a great position to be transitioned to a new owner.
  • Property Features / Assets: Ask Agent for extensive Equipment List. Detailed Offering Memorandum available with signed Confidentiality Agreement.
  • Water: Well
  • Sewer: Septic
  • Heating: In-Floor Heat; Propane & Electric Back-Up
  • Cooling: Central Air - 2 Electric Ground Units
  • Electric – Amps: 200 Amp
  • Electric – Phase: Single
  • Lighting: Fluorescent
  • Year Built: 2001
  • Construction: Wood Frame - Steel Building
  • Foundation: Concrete
  • Roof: Steel
  • Exterior: Steel Siding
  • Ceiling Height - Office: 9'
  • Ceiling Height - Warehouse: 14'
  • Overhead Doors: 6 (10' W x 12' H) Exterior; 1 (10' W x 8' H) Interior
  • Floor Drains: 7
  • Bathrooms: 2
  • Utilities Available: Gas: Oasis Propane; Power: MN Power
  • Parking Spaces: 13 Paved Asphalt Spaces & 12 Class 5 Spaces
  • Neighboring Businesses: Located near Crow Wing County Autobody, Squad Pro, SPR Motorsports & Marine, Lakes Area Food Shelf, Flour Sack Antiques, Grace United Methodist Church, Timberjack Smokehouse, Tasty Pizza North, Budget Auto, Mother Originals Quilt Shop, North Star Drilling plus numerous others.
  • Traffic Counts: 12,200 on Former Hwy 371 (Now Patriot Ave)
  • MLS #: 5238168
  • CC File #: 1530
  • Zoning: C-Commercial
  • PID#: 29220549
  • Legal Description: Legacy PID: 290224100EC0009. Pt S 250 ft of NE 1/4 of SE 1/4 desc: Beg at I/M where S line of sd NESE inter with W’ly ROW line of Trunk Hwy 371 sd point being S 89D 30’22” W 153.91 ft from SE cor of sd NESE as measured alg sd S line of NESE then S 89D 30’22” W 418.13 ft alg sd S line of NESE to an I/M then N 0D 17’53” E 145.71 ft to an I/M then N 89D 30’22” E 183 ft to an I/M then S 0D 17’ 53’ W 45.69 ft to an I/M hereinafter designated point A then N 89D 30’22” E 234.63 ft to an I/M on sd W’ly ROW line of Trunk Hwy 371 then S 0D 0’53” W 100 ft alg sd W’ly ROW line of Trunk Hwy 371 to POB. Subj to an esmnt of record.
Property Map