Mesaba Drug Store For
For Sale
$347,500
221 Kennedy Memorial Drive, Hoyt Lakes, MN 55750
COMMERCIAL - Hoyt Lakes, MN
Days on Market254
Property Features for 221 Kennedy Memorial Drive
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
COM
Lot features
Downtown Area, Shopping Center
Subdivision
Aurora/Hoyt Lakes/Biwabik
Standard status
Active
Utilities
Heating system
Forced Air
Cooling system
Central Air
Building Details
Roof type
Rubber
Listing Agency:
Next Door Realty
(218) 410-5353
Listed By:
Norma Jean Jofs · License #40713911
(218) 780-2860
Added: Nov 20, 2025
Changed: May 26
Last Checked: Aug 1 at 1:06AM
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.
Located on the main street in Hoyt Lakes, the Mesaba Drug Store is a community staple. This pharmacy and variety store has served the residents of Hoyt Lakes and surrounding areas for years. The store offers a wide array of products, including a full-service pharmacy counter. The store offers an impressive selection that includes clothing, sporting goods, and toys. Aisles are stocked with various colors and types of yarn and sewing supplies. The store also offers Hallmark birthday cards and basic household essentials.
Key Highlights
- 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.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
59
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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 - Community staple pharmacy and variety store in Hoyt Lakes, MN.
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: 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.