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
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
Thursday 15th of October 2026 08:54 PM
218-998-4400
Mohagen Real Estate
Let's Connect
Mohagen Real Estate
sue@MohagenRealEstate.com
Office: 218-998-4400
Cell: 218-731-7376
Mohagen Real Estate is licensed in the State of Minnesota