The ASDA Sheds and Garages and Fair Dinkum Sheds building on the corner of Huon and Hovell Streets went for $890,000.

Auctioneer Andrew Dixon placed a vendor bid of $750,000 before the first offer was received at $770,000.

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It quickly jumped to $820,000 before a series of bids in $5000 increments were lodged by the two parties and a final result of $890,000 was reached.

"It was good bidding. The buyer was a Wodonga entity and the losing bidder was a Wodonga investor," Mr Dixon said.

The property has owner-occupier potential, with a three-bedroom residence that has frontage on Huon Street included on the site.

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