421 Kennedy Memorial Drive Hoyt Lakes, MN ^$ 2,000,000

421 Kennedy Memorial Drive

^$ 2,000,000

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421 Kennedy Memorial Drive

Hoyt Lakes, MN, 55750

^$ 2,000,000

Bedrooms-- Baths0.0 Sq 13,880

Monthly Estimate*

^$ 13,971

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Commercial Property for sale in Hoyt Lakes, MN

for $2,000,000. This 13,880 square foot building was built in 2010 on a lot size of 8.15 Acre(s).

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.

Commercial Active

Price

^$ 2,000,000

Property Type

Commercial

Taxes

^$ 20,596

Lot Size

8.15 Acre(s)

Year Built

2010

Town/City

Hoyt Lakes

County/Region

Saint Louis

MLS | Web ID

6203124

Features

Interior

Cooling System Central Air Window Unit(s)

Heating Source Hot Water

Heating System Boiler Common Forced Air Radiant Radiant Floor

Sewer City Sewer

Water Source City Water

Exterior

Construction Brick/Stone Fiber Cement

Exterior Patio

Garage 2 Car

Lot Description Wooded / Trees

Parking 1-20 Open Parking Spaces Asphalt

Roof Composition

Miscellaneous

Accessibility Grab Bars No Stairs External No Stairs Internal Roll in Shower Wheel Chair Access Wide Doorways Wide Halls

Commercial Sale Includes Building Sale Includes Fixture/Equip Sale Includes Land

Utilities Electric

* Excluded Features

List By

Eos Realty, Llc

Broker

kristopher.g.jacobsen@gmail.com

Affordability Calculator

$15,687

Per Month

Monthly Principal & Interest: $13,971
Monthly Property Taxes: $1,716
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Hoyt Lakes, MN

Average List Price ^$1,174,950

Percent of Sale Price 41%

About Hoyt Lakes, MN

2,039 Population

-2% Since 2002

^$50,291 Median Income

48.5 Median Age

21% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

Mesabi East School District

Pricing History

Date	Price	Price Change	Description
5/22/2023	$2,000,000	-19.97%	Price Down
5/27/2022	$2,499,000		Listed Price

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421 Kennedy Memorial Drive, Hoyt Lakes, MN, 55750 is a Commercial Property for sale at $2,000,000 with 13,880 sqft and a lot size of 8.15 Acre(s). 421 Kennedy Memorial Drive has 0.0 baths and was built in 2010. The property's zip code is 55750 which is in Hoyt Lakes, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 11/30/2023.

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421 Kennedy Memorial Drive

Commercial Property for sale in Hoyt Lakes, MN

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