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221 Kennedy Memorial Dr

14,600 SF 100% Leased Retail Building Hoyt Lakes, MN 55750 £271,901 (£19/SF)

Investment Highlights

  • Great location downtown
  • Centrally located

Executive Summary

Centrally located on the main street in the heart of Hoyt Lakes, Mesaba Drug Store is a true community staple. This classic pharmacy and variety store has been serving the residents of Hoyt Lakes and surrounding areas for years. As you step through the doors, you're immediately amazed by the wide array of products offered, Mesaba Drug is a one-stop shop for all your daily needs. In addition to a full-service pharmacy counter, Mesaba Drug offers an impressive selection that runs the gamut. Need a new set of mudd boots and an umbrella, they've got them. Looking for yarn and sewing supplies for your latest craft project? Aisles are stocked with various colors and types. You can even find the perfect Hallmark birthday card for an upcoming celebration. The friendly staff takes pride in being a true general store, offering everything from basic household essentials to clothing, sporting goods, toys, and more.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
14,600 SF
Building Class
C
Year Built
1970
Price
£271,901
Price Per SF
£19
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.87
Land Acres
0.39 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
142007100030
Land Assessment
£4,382
Improvements Assessment
£69,638
Total Assessment
£74,020
  • Listing ID: 32273849

  • Date on Market: 27/06/2024

  • Last Updated:

  • Address: 221 Kennedy Memorial Dr, Hoyt Lakes, MN 55750

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