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    Hoyt Lakes, MN
    Conventional Restaurant

    Hoyt Lakes, MN Conventional Restaurants for Sale

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    Aurora, MN Biwabik, MN Gilbert, MN Embarrass, MN Brimson, MN Makinen, MN Eveleth, MN Tower, MN
    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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    Turnkey Conventional Restaurant
    Updated: Sep 16
    Turnkey Conventional Restaurant

    312 Westover Rd, Hoyt Lakes, MN 55750

    $299,900
    1,800 sqft
    Operating restaurant with 21 years of history
    Fully operational business ready for continued service
    Located along regional ATV and snowmobile trail traffic
    Liquor license available through the City of Hoyt Lakes
    Vaughn's restaurant at 312 Westover Rd, Hoyt Lakes, MN
    View details
    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 6 Potential Opportunities for your consideration. Besides 2 Active listings in Hoyt Lakes, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities

    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.

    View details
    Turnkey Restaurant and Apartments
    Turnkey Restaurant and Apartments

    216 E Sheridan St, Ely, MN 55731

    $390,000
    6,800 sqft

    Purchase a fully equipped restaurant space with four apartments above, totaling about 6,800 square feet.

    View details
    Improved Restaurant with Patio
    Improved Restaurant with Patio

    302 E Sheridan Street, Ely, MN 55731

    $1,100,000

    Updated restaurant space includes a bar, kitchen, and outdoor patio.

    View details
    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.

    View details

    Hoyt Lakes, MN Conventional Restaurants Market Trends and Statistics

    Explore 2 conventional restaurants for sale in Hoyt Lakes, MN 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 $599,800.

    Sale prices for conventional restaurants in Hoyt Lakes, MN average $299,900 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 2

    Demographics Overview

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

    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)

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