421 Kennedy Memorial Drive, Hoyt Lakes, MN 55750 (MLS# 7054566)
$1,900,000
Hoyt Lakes, MN 55750
MLS# 7054566
13880 sqft
1 / 39
Property Description
Amazing opportunity in pristine location in Hoyt Lakes, MN. Turn-key 20-unit facility on 8.1 acres. Previously used as an assisted living facilityâ¦. Endless opportunity with over 13,000 sf. Built in 2010 this facility has been meticulously maintained.
Details
Maps
Contract Information
Status: Active
Current Price: 1900000
Contingency: None
ListPrice: 1900000
List Date: 2026-04-13
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 20
Owner Occupied: No
Waterfront YN: No
Year Built: 2010
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Foundation Size: 13880
Garage Stalls: 2
For Sale or Lease: For Sale
Acres: 8.14
Lot Dimensions: Irr
Assessment Pending: No
Location Tax and Other Information
House Number: 421
Street Name: Kennedy Memorial
Street Suffix: Drive
Postal City: Hoyt Lakes
County: St. Louis
State: MN
Zip Code: 55750
Complex/Dev/Subdivision: Rls 94
Assessments
Tax With Assessments: 22788
Building Information
Building Finished SqFt: 13880
Building SqFt: 13880
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Parking Characteristics
Garage Square Feet: 576
Sale Options
Sale Includes: Building, Fixture/Equipment, Land
Unit 1
No. of 1 Bedroom Units: 20
Unit Details
Total Units: 20
Property Features
Accessible: Doors 36"+; Fully Wheelchair; Grab Bars In Bathroom; Hallways 42"+; No Stairs External; No Stairs Internal; Roll-In Shower
Air Conditioning: Central Air; Window Unit(s)
Amenities Shared: Patio; Porch
Basement: None
CMU Style: Apartments/Multi Family; Business Opportunity
Construction Status: Previously Owned
Current Use: Other
Exterior: Brick/Stone; Cement Board
Foundation: None
Fuel: Natural Gas
Heating: Boiler; Forced Air; In-Floor Heating; Radiant
Loan Terms: Cash; Contract for Deed; Conventional; Special Funding
Lot Description: Tree Coverage - Medium
On Site Utilities: Electric Common; Heating Common; Hot Water Common
Roof: Composition
Sewer: City Sewer/Connected
Shared Rooms: Amusement/Party Room; Community Room
Stories: One
Wall Description: Drywall; Finished; Insulated
Water: City Water/Connected
Listing Office: Eos Realty, LLC
Last Updated: June - 26 - 2026
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Thursday 15th of October 2026 03:03 PM
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