397 5th Ave N 1,104 SF Retail Building Bayport, MN 55003 $1,500,000 ($1,358.70/SF) 15.00% Cap Rate

Turnkey Used Car Dealership with Garage and Office in Bayport, MN This offering includes a fully operational used car dealership situated on a commercially zoned lot in the heart of Bayport. The property features a flexible building with a customer-facing office area, two restrooms, and a two-bay service garage equipped with two vehicle lifts — ideal for light reconditioning, inspections, or small repairs. The lot is licensed for up to 23 vehicle display spaces, providing excellent visibility and traffic exposure. The location has been successfully operating as a dealership under the same ownership and brand, Lenny’s Garage, and will be delivered with active dealership permits, operational systems, and marketing infrastructure in place. This is a business sale with property leaseback: the building is not included in the sale price but will be available under a competitive lease structure, enabling the buyer to continue operations immediately without relocating. Perfect for owner-operators or investors seeking passive cash flow, this opportunity combines a proven business with a stable location and infrastructure.