Restaurants

Hoyt Lakes, MN Restaurants for Sale

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Aurora, MN Biwabik, MN Gilbert, MN Embarrass, MN Brimson, MN Eveleth, MN Makinen, MN Babbitt, 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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1 active listing matches your search: Restaurant for sale in Hoyt Lakes, MN. Based on your search, we've also compiled 5 Potential Opportunities for your consideration: 4 properties in nearby cities and 1 off-market property to explore as potential leads.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mixed-Use Bar and Residential Property
Mixed-Use Bar and Residential Property

304 Main Street N, Aurora, MN 55705

$149,900
0.07 AC lot

Main-level bar operations accompany two upstairs one-bedroom residential units in a historic downtown building.

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Restaurant with Basement
Restaurant with Basement

114 N Main St, Aurora, MN 55705

$425,000

The lower level provides walk-in cold storage and shelving for restaurant supplies.

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Corner Restaurant Property
Corner Restaurant Property

501 N Broadway, Gilbert, MN 55741

$450,000

Two-level commercial building with restaurant improvements, flexible lower-level space, and ample on-site parking.

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Mixed-Use Building with Two Stages
Mixed-Use Building with Two Stages

102 Broadway St. N, Gilbert, MN 55741

$149,900

A finished upstairs apartment adds residential space above a venue with a full-sized bar.

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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: by Request
10,500 sqft 0.70 AC lot
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Hoyt Lakes, MN Restaurants Market Trends and Statistics

Explore 2 restaurants for sale in Hoyt Lakes, MN on our real estate platform.

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 1

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 $299.9K

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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