Building Details

Roof type Rubber

Listing Agency: Next Door Realty Show Phone

Listed By: Norma Jean Jofs · License #40713911 Show Phone

Added: Nov 20, 2025 Changed: Sep 7 Last Checked: Sep 15 at 3:06AM

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MLS# 146715

Copyright © 2026 Range Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This retail property at 221 Kennedy Memorial Drive in Hoyt Lakes operates as a pharmacy and variety store. The interior includes a full-service pharmacy counter alongside merchandise organized for everyday shopping, including household essentials, clothing, sporting goods, toys, greeting cards, yarn, sewing supplies, footwear, and umbrellas. The store’s broad product mix supports both pharmacy activity and general retail use within one location.

The property is positioned on the city’s main street in central Hoyt Lakes and carries COM zoning. Building systems include forced-air heating, central air conditioning, and a rubber roof. The combination of pharmacy service and varied retail merchandise gives the property a distinct commercial operating profile.

Key Highlights

• 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

Property Analytics

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Current Use

Thrifty White Pharmacy Pharmacy Mesaba Drug and Marketplace Pharmacy

Suggested Use

Top Pick Restaurant Dental Office Auto Repair Shop Hair Salon Spa & Massage Center Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

64

Businesses Nearby

3k

Monthly Visits Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

Dollar Tree Shops & Services

2,579 visits/mo 0.4 miles

Demographics for 55750, MN

2,035

Population

957

Households

2.1

Avg Household Size

46

Median Age

18%

College-Educated

95%

High-School Grad

175.1 sq mi

ZIP Area

12

Density / Sq Mi

$64,653

Median Household Income

$33,942

Median Earnings

$90,800

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this drug stores located? What is the asking price? Find similar properties What are key features of this property?

Similar Off Market Nearby

• Thrifty White Pharmacy — 221 Kennedy Memorial Dr, Hoyt Lakes, MN 55750
• Mesaba Drug and Marketplace — 221 Kennedy Memorial Dr, Hoyt Lakes, MN 55750

Frequently Asked Questions

What type of property is this?

Drug store - Existing retail operation combines pharmacy services with general merchandise, household essentials, apparel, crafts, toys, and sporting goods.

Where is this drug store located?

The property is located at 221 Kennedy Memorial Drive Hoyt Lakes, MN.

What is the asking price?

The asking price for this property is $347,500.

What are key features of this property?

This property features: 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