Hoyt Lakes, MN Commercial Real Estate for Sale

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Operational Restaurant Near Trail Routes
Updated: Sep 16
Operational Restaurant Near Trail Routes

312 Westover Rd, Hoyt Lakes, MN 55750

$299,900
21 years of restaurant operating history
Positioned along regional ATV and snowmobile trail traffic
Liquor license available through the City of Hoyt Lakes
COM zoning
Wood‑frame construction with a metal roof
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Pharmacy and Variety Store
Updated: Nov 20, 2025
Pharmacy and Variety Store

221 Kennedy Memorial Drive, Hoyt Lakes, MN 55750

$347,500
Full‑service pharmacy counter within an established retail setting
Broad merchandise mix includes household goods, clothing, toys, crafts, cards, and sporting goods
Located at 221 Kennedy Memorial Drive in Hoyt Lakes
Situated on the main street in central Hoyt Lakes
COM zoning
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Turnkey Conventional Restaurant
Turnkey Conventional Restaurant

312 Westover Rd, Hoyt Lakes, MN 55750

$299,900
1,800 sqft

Operating restaurant positioned along regional ATV and snowmobile trail traffic.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 3 Active listings in Hoyt Lakes, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 69 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Breakfast & Diner with Basement
Breakfast & Diner with Basement

114 N Main St, Aurora, MN 55705

$425,000
2,250 sqft

Established restaurant with substantial seating and lower-level cold storage for supplies.

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Established Restaurant with Basement
Established Restaurant with Basement

114 N Main St, Aurora, MN 55705

$425,000

Downtown Aurora restaurant with seating, storage, and walk-in cooling equipment.

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Live-Work Mixed-Use Property
Live-Work Mixed-Use Property

601 Main St, Biwabik, MN 55708

$350,000

Combined commercial and residential layout with gallery, coffee shop, garage, and adaptable rear suite.

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Biwabik Mixed-Use Investment Opportunity
Biwabik Mixed-Use Investment Opportunity

400 Main Street S, Biwabik, MN 55708

Contact for pricing
3,304 sqft

Updated mixed-use property with apartments and commercial spaces in Biwabik, MN.

View details

Off-Market Properties in Hoyt Lakes, MN

Consider similar Off-Market properties in Hoyt Lakes, MN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Hoyt Lakes, MN 55750
MOBILE HOME PARK, TRAILER PARK

Hoyt Lakes, MN 55750

Estimated value:
$825,000
23.36 AC lot
View details
245 Kennedy Memorial Dr
COMMERCIAL (GENERAL)

245 Kennedy Memorial Dr, Hoyt Lakes, MN 55750

Estimated value:
$1,080,000
23,750 sqft
View details
Hoyt Lakes, MN 55750
COMMERCIAL (GENERAL)

Hoyt Lakes, MN 55750

Estimated value:
$1,080,000
View details
Hoyt Lakes, MN 55750
COMMERCIAL (GENERAL)

Hoyt Lakes, MN 55750

Estimated value:
$1,080,000
View details
Hoyt Lakes, MN 55750
COMMERCIAL (GENERAL)

Hoyt Lakes, MN 55750

Estimated value:
$1,080,000
View details
Hoyt Lakes, MN 55750
COMMERCIAL (GENERAL)

Hoyt Lakes, MN 55750

Estimated value:
$1,080,000
View details
Hoyt Lakes, MN 55750
COMMERCIAL (GENERAL)

Hoyt Lakes, MN 55750

Estimated value:
$1,080,000
View details
Hoyt Lakes, MN 55750
COMMERCIAL (GENERAL)

Hoyt Lakes, MN 55750

Estimated value:
$1,080,000
View details
113 Kensington Dr
COMMERCIAL (GENERAL)

113 Kensington Dr, Hoyt Lakes, MN 55750-1148

Estimated value:
$200,000
1,200 sqft 0.46 AC lot
View details
281 Kennedy Memorial Dr
COMMERCIAL (GENERAL)

281 Kennedy Memorial Dr, Hoyt Lakes, MN 55750-1121

Estimated value:
$760,000
4,602 sqft
View details
102 Kensington Dr
COMMERCIAL (GENERAL)

102 Kensington Dr, Hoyt Lakes, MN 55750-1100

Estimated value:
$120,000
7,536 sqft
View details
316 Westover Rd
COMMERCIAL (GENERAL)

316 Westover Rd, Hoyt Lakes, MN 55750-1106

Estimated value:
$135,000
2,520 sqft
View details
170 Hampshire Dr
COMMERCIAL (GENERAL)

170 Hampshire Dr, Hoyt Lakes, MN 55750-1249

Estimated value:
$105,000
5,810 sqft 6.69 AC lot
View details
5540 Colby Lk Rd
MANUFACTURING (LIGHT)

5540 Colby Lk Rd, Hoyt Lakes, MN 55750-4000

Estimated value:
$795,000
28,282 sqft
View details
285 Kennedy Memorial Dr
COMMERCIAL (GENERAL)

285 Kennedy Memorial Dr, Hoyt Lakes, MN 55750-1170

Estimated value:
$110,000
1,740 sqft
View details
Hoyt Lakes, MN 55750
MANUFACTURING (LIGHT)

Hoyt Lakes, MN 55750

Estimated value:
$65,000
3,360 sqft
View details
Hoyt Lakes, MN 55750
MANUFACTURING (LIGHT)

Hoyt Lakes, MN 55750

Estimated value:
$270,000
2,520 sqft
View details
Hoyt Lakes, MN 55750
MANUFACTURING (LIGHT)

Hoyt Lakes, MN 55750

Estimated value:
$290,000
40.00 AC lot
View details
Hoyt Lakes, MN 55750
MANUFACTURING (LIGHT)

Hoyt Lakes, MN 55750

Estimated value:
$275,000
80.00 AC lot
View details
Hoyt Lakes, MN 55750
MANUFACTURING (LIGHT)

Hoyt Lakes, MN 55750

Estimated value:
$290,000
22.00 AC lot
View details
Hoyt Lakes, MN 55750
INDUSTRIAL - VACANT LAND

Hoyt Lakes, MN 55750

Estimated value:
$255,000
40.00 AC lot
View details

Hoyt Lakes, MN Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Hoyt Lakes, MN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 1,800 square feet of properties for sale, with an estimated market value of $947,300.

Sale prices for business properties in Hoyt Lakes, MN start at $299,900, averaging $315,766, and reaching up to $347,500 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 2,078
Population Growth (5Y) -0.4%
Median Household Income $64,653
College Educated 23.4%

High-Yield Neighborhoods for Investment

Identify Hoyt Lakes submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
55750 $315.8K

Taxes & Financing

Tax Rate (average for all types) 3.09%
Property Tax per SF $34.26 per SF
Tax Rate vs County Average 0.51 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in St. Louis County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in St. Louis County

Office

Residential Income

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