Realmo

Buy
- For Sale
- Post a Listing
Property Types
- Retail
  
  Drug Store
- Land
  
  Residential
  
  Recreation
  
  Waterfront
Rent
Analytics
- Analytics Center
- Insight Report
- Recently Sold
- Value Estimation
- Cap Rate
- Ownership Records
- Location Intelligence
- Business Placement
- Off-Market Leads
- Zoning Insight

Advertise Sign In

For Sale
- Retail
  - Drug Store
- Land
  - Residential
  - Recreation
  - Waterfront
For Lease
Analytics Center
Insight Report
Recently Sold
Value Estimation
Cap Rate
Ownership Records
Location Intelligence
Business Placement
Off-Market Leads
Zoning Insight
Advertise
Find Brokers

Hoyt Lakes, MN

Hoyt Lakes, MN Commercial Real Estate for Sale

List

Map

Aurora, MN Biwabik, MN Gilbert, MN

Mesaba Drug Store For Sale

Updated: Nov 20, 2025

Mesaba Drug Store For Sale

221 Kennedy Memorial Drive, Hoyt Lakes, MN 55750

$347,500

Centrally located on the main street in the heart of Hoyt Lakes.
Full‑service pharmacy counter.
Wide array of products; a one‑stop shop for daily needs.
Offers a general store selection of clothing, sporting goods and toys.
Includes forced air heating and central air cooling.

Mesaba Drug Store For Sale

Updated: May 21, 2024

Mesaba Drug Store For Sale

221 Kennedy Memorial Dr, Hoyt Lakes, MN 55750

$347,500

0.34 AC lot

Prime central location on the main street in Hoyt Lakes.
Established business with a long history serving the community.
Full‑service pharmacy counter included.
Wide array of products, functioning as a one‑stop shop.
Offers a diverse selection of goods, including clothing, sporting goods, and toys.

Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 2 Active listings in Hoyt Lakes, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 70 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.

Live-Work Property with Art Gallery

Live-Work Property with Art Gallery

601 Main St, Biwabik, MN 55708

$350,000

Live-work building on Main Street with an included art gallery, coffee shop setup, and flexible rear studio suite.

Self-Service Car Wash with Automatic

Self-Service Car Wash with Automatic

101 Main St S, Aurora, MN 55705

$149,900

Operate self-serve bays for cars and trucks alongside an automatic wash, with power and updated bay heaters.

Established Restaurant in Aurora, MN

Established Restaurant in Aurora, MN

114 N Main St, Aurora, MN 55705

$425,000

2,250 sqft

Turn-key restaurant opportunity in the heart of Aurora, Minnesota.

Biwabik Mixed-Use Investment Opportunity

Biwabik Mixed-Use Investment Opportunity

400 Main Street S, Biwabik, MN 55708

$950,000

3,304 sqft

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

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

$825,000

Estimated value

23.36 AC lot

245 Kennedy Memorial Dr

COMMERCIAL (GENERAL)

245 Kennedy Memorial Dr, Hoyt Lakes, MN 55750

$1,030,000

Estimated value

23,750 sqft

Hoyt Lakes, MN 55750

COMMERCIAL (GENERAL)

Hoyt Lakes, MN 55750

$1,000,000

Estimated value

Hoyt Lakes, MN 55750

COMMERCIAL (GENERAL)

Hoyt Lakes, MN 55750

$1,000,000

Estimated value

Hoyt Lakes, MN 55750

COMMERCIAL (GENERAL)

Hoyt Lakes, MN 55750

$1,000,000

Estimated value

Hoyt Lakes, MN 55750

COMMERCIAL (GENERAL)

Hoyt Lakes, MN 55750

$1,000,000

Estimated value

Hoyt Lakes, MN 55750

COMMERCIAL (GENERAL)

Hoyt Lakes, MN 55750

$1,000,000

Estimated value

Hoyt Lakes, MN 55750

COMMERCIAL (GENERAL)

Hoyt Lakes, MN 55750

$1,000,000

Estimated value

113 Kensington Dr

COMMERCIAL (GENERAL)

113 Kensington Dr, Hoyt Lakes, MN 55750-1148

Value Estimation by Request

1,200 sqft · 0.46 AC lot

281 Kennedy Memorial Dr

COMMERCIAL (GENERAL)

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

$740,000

Estimated value

4,602 sqft

102 Kensington Dr

COMMERCIAL (GENERAL)

102 Kensington Dr, Hoyt Lakes, MN 55750-1100

Value Estimation by Request

7,536 sqft

316 Westover Rd

COMMERCIAL (GENERAL)

316 Westover Rd, Hoyt Lakes, MN 55750-1106

Value Estimation by Request

2,520 sqft

170 Hampshire Dr

COMMERCIAL (GENERAL)

170 Hampshire Dr, Hoyt Lakes, MN 55750-1249

Value Estimation by Request

5,810 sqft · 6.69 AC lot

5540 Colby Lk Rd

MANUFACTURING (LIGHT)

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

$815,000

Estimated value

28,282 sqft

285 Kennedy Memorial Dr

COMMERCIAL (GENERAL)

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

Value Estimation by Request

1,740 sqft

Hoyt Lakes, MN 55750

MANUFACTURING (LIGHT)

Hoyt Lakes, MN 55750

Value Estimation by Request

3,360 sqft

Hoyt Lakes, MN 55750

MANUFACTURING (LIGHT)

Hoyt Lakes, MN 55750

Value Estimation by Request

2,520 sqft

Hoyt Lakes, MN 55750

MANUFACTURING (LIGHT)

Hoyt Lakes, MN 55750

Value Estimation by Request

40.00 AC lot

Hoyt Lakes, MN 55750

MANUFACTURING (LIGHT)

Hoyt Lakes, MN 55750

Value Estimation by Request

80.00 AC lot

Hoyt Lakes, MN 55750

MANUFACTURING (LIGHT)

Hoyt Lakes, MN 55750

Value Estimation by Request

22.00 AC lot

Hoyt Lakes, MN 55750

INDUSTRIAL - VACANT LAND

Hoyt Lakes, MN 55750

Value Estimation by Request

40.00 AC lot

Hoyt Lakes, MN 55750

MANUFACTURING (LIGHT)

Hoyt Lakes, MN 55750

Value Estimation by Request

40.00 AC lot

Hoyt Lakes, MN Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Hoyt Lakes, MN on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $347,500.

Sale prices for business properties in Hoyt Lakes, MN start at $347,500, averaging $347,500, 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.

List

Map

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	$347.5K

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

Retail

Office

Need Help?

Reach out if you need assistance with Realmo tools or have questions about your listings