$450,000

320 Broadway St Diagonal, IA 50845

Estimated payment $2,820/month

0.48 Acre
$937,500 Price per Acre
20,909 Sq Ft Lot

About This Lot

Here is a rare opportunity to acquire a commercial auto repair business, also known as ”Goob’s Repair Inc”., a long-standing and highly respected auto repair business with more than 20 years of proven success. Known throughout the region for dependable service and trusted workmanship, this established shop has built a loyal customer base that travels from within a 125-mile radius.

This is a true turnkey operation where a new owner can step in and immediately continue business with established customers, valuable industry contacts, and the equipment needed to operate from day one. Included with the property are numerous shop tools and assets, featuring a vehicle lift, tire balancer, air compressor, and a service truck (Ford F-150), along with additional equipment essential for continued success. The property also includes a 16’ x 36’ car wash bay with a 6-foot pit, which provides an additional revenue stream and expands service possibilities. This extra income component adds strong value to an already profitable automotive business.

Whether you are an experienced operator looking to expand or an entrepreneur ready to own a respected repair shop, Goob’s Repair Inc. offers the chance to take over a trusted name, established operation, and profitable commercial property with room for future growth.

If you have additional questions about this auto repair business, contact KILOTERRA listing agents Colin Ortmeier at 515-298-5029 or Ryan Bryson 641-298-6171.

Property Features:

Address: 320 Broadway Street Diagonal, Iowa 50845
Parcels: 002088, 0020861
Estimated Taxes: $2,364
Included with the Sale:

Established business with 20+ years of success
Loyal customer base from a 125-mile service radius
Strong business reputation and repeat clientele
Existing business contacts and vendor relationships
Vehicle lift
Tire balancer
Air compressor
Service truck (Ford F-150)
Shop tools and equipment
16’ x 36’ car wash bay
6-foot service pit in car wash bay
Additional passive income from car wash operations
Commercial property with room for future growth

Listing Agent

Colin Ortmeier

KILOTERRA | Land Sales & Auctions Listed on: 04/27/2026

Listing Provided By

Property Details

Property Type

  • Land

Lot Details

  • Current uses include commercial
  • Potential uses include commercial

Property Details

Property Type

Land

Listing Details

  • Office Phone: 641-785-4490
  • Listing Website: https://www.land.com/property/0.48-acre-in-ringgold-county-iowa/27088557/
  • Property Type: Lot / Land
  • Property Sub-Type: Other
  • Offered By: LandNetwork
  • Potential Use: Commercial
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Has Attic: No
  • Disability Access: No
  • Sprinklers: No

Lot Info

  • Current Use: Commercial

Multi Family

  • Utilities Available: City Sewer, City Water

Map

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Property History

Date Event Price List to Sale Price per Sq Ft
04/27/2026 04/27/26 For Sale $450,000 -- --
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