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    Hoyt Lakes, MN
    Restaurants

    Hoyt Lakes, MN 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
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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 7 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 1 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.

    View details
    Historic Bar with Upstairs Apartment
    Historic Bar with Upstairs Apartment

    301 Grant Ave, Eveleth, MN 55734

    $79,000
    6,960 sqft

    1906 commercial building combines a finished bar area with a two-bedroom upper-level apartment.

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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.

    View details
    Historic Bar With Apartment
    Historic Bar With Apartment

    301 Grant Ave, Eveleth, MN 55734

    $79,000

    Main-level bar space combines original architectural details with updated restrooms and additional storage capacity.

    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.

    701 Dorchester Dr
    Restaurants

    701 Dorchester Dr, Hoyt Lakes, MN 55750

    Estimated value:
    No data
    10,500 sqft 0.70 AC lot
    View details

    Hoyt Lakes, MN Restaurants Market Trends and Statistics

    Explore 3 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 restaurant properties 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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