8.15 Acres of Commercial Land for Sale in Hoyt Lakes, Minnesota

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Commercial Land for Sale in Hoyt Lakes, Minnesota

421 Kennedy Memorial Dr, Hoyt Lakes, MN 55750

$2,000,000

8.15 acres

Active

$499k drop

Est $11,277/mo

Amazing opportunity in pristine location in Hoyt Lakes, MN. Turn-key 20-unit facility on 8.1 acres. Previously used as an assisted living facility.... Endless opportunity with over 13,000 sf. Built in 2010 this facility has been meticulously maintained.

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Sq feet

2010

Built

Commercial

Location

Street address: 421 Kennedy Memorial Dr
County: Saint Louis County
Community: RLS 94
Elevation: 1,516 feet
Coordinates: 47.5194, -92.1292

Land for sale in Minnesota

Directions

Kennedy Memorial Hwy to property

Property details

Acreage: 8.149 acres
Zoning: Residential-Multi-Family
MLS #: RMLS 6203124
Posted: May 27, 20223 years ago

Property taxes

2024: $17,732

Parcels

142005500010

Details and features

Listing

Type: Commercial Sale

Exterior

Parking: Driveway
Features: Brick/Stone, Cement Board

Structure

Heating: Forced Air, Radiant
Cooling: Central Air
Roof: Composition

Listing history

Date	Event	Price	Change	Source
May 22, 2023	Price drop	$2,000,000	$499,000 -20%	RMLS
May 27, 2022	New listing	$2,499,000	—	RMLS

Payment calculator

This 8.149-acre property is located at 421 Kennedy Memorial Dr in Hoyt Lakes, MN 55750. The property is available for sale for $2,000,000. It has a structure built in 2010.

Listed by Eos Realty, (651) 330-3359, Source

Checked 47 mins ago — Updated Dec 2, 2025

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