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$1,900,000 -$100,000 (-5%) Price Reduced

  • For Sale
  • Active
  • Commercial
  • 13,880 Sq. Ft.
  • 8.149 Acres
  • Updated 5 days ago
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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.

Full Property Details for 421 Kennedy Memorial Dr

General

  • Price: $1,900,000
  • Taxes: $21,366 (2025)
  • Status: Active
  • Type: Commercial
  • Source: NorthStarMLS_RMLS
  • MLS ID: 6203124
  • Updated: 1/13/2026
  • Added to Site: 1, 332 day(s) ago

Additional Information

  • Shared Amenities: Patio, Porch

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Parking Features: Asphalt

Location

  • County: St. Louis
  • Township: Hoyt Lakes
  • Subdivision: Rls 94
  • Driving Directions: Kennedy Memorial Hwy to property

School Information

  • School District: 1229 - Mesabi East
  • High School District: Mesabi East

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central Air, Window Unit(s)
  • Heating Type: Boiler, Forced Air, In-Floor Heating, Radiant
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)
  • Utility Description: Electric Common, Heating Common, Hot Water Common

Structural Information

  • Foundation Size: 13880
  • Roof: Composition
  • Disability Access: Doors 36"+, Fully Wheelchair, Grab Bars In Bathroom, Hallways 42"+, No Stairs External, No Stairs Internal, Roll-In Shower
  • Square Feet: 13,880
  • Finished Down/Base.: 13,880 Sq. Ft.
  • Current Bldg. Use: Other
  • Year Built: 2010

Lot Features

  • Lot Size (Acres): 8.149
  • Lot Dimensions: Irr
  • Zoning: Residential-Multi-Family
  • Lot Description: Medium Tree Coverage

Financial Considerations

  • Tax Amount: $21,366
  • Tax Year: 2025
  • Terms: Contract for Deed, Conventional, Cash, Special Funding

Disclosures and Reports

  • Legal Description: TRACT A
  • Inclusions: Building, Fixture/Equipment, Land
  • Property ID: 142005500010

Listed by Eos Realty, LLC

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Listing agent

— 421 Kennedy Memorial Dr —

  • Eos Realty, LLC

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NMLS#: 1598647

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NMLS#: 1598647

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with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 421 Kennedy Memorial Dr

School District:Mesabi East School District
NameGradesDistance
Mesabi East Elementary School
601 North 1st Street West, Aurora, MN 55705
PK-65.3 mi
Mesabi East Secondary
601 North 1st Street West, Aurora, MN 55705
7-125.3 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 421 Kennedy Memorial Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/13/2026
Price Reduced
$1,900,000
-5%
MLS
5/22/2023
Price Reduced
$2,000,000
-19.97%
MLS
5/27/2022
Listed
$2,499,000
499700%
MLS
12/01/2018
Sold
$500
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 421 Kennedy Memorial Dr

Year
Property Taxes
Change
Tax Assessment
Change
2025
$21,366
—
$900,600
8%
2025
$21,366
20%
$831,000
4%
2024
$17,732
-4%
$796,500
—
2023
$18,414
-11%
$795,500
—
2022
$20,596
5%
$792,900
—
2020
$19,574
3%
$792,900
—
2019
$18,928
3%
$792,900
—
2018
$18,382
—
$792,900
—
2017
$18,452
-4%
$791,600
—
2016
$19,206
-4%
$791,600
—
2015
$19,928
5%
$791,600
—
2014
$19,036
2%
$791,600
-1%
2013
$18,653
—
$797,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Eos Realty, LLC

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421 Kennedy Memorial Drive, Hoyt Lakes, MN 55750 (MLS# 6203124) is a Commercial property. 421 Kennedy Memorial Drive is currently listed for $1,900,000 and was received on May 27, 2022. Want to learn more about 421 Kennedy Memorial Drive? Do you have questions about finding other Commercial real estate for sale in Hoyt Lakes? You can browse all Hoyt Lakes real estate or contact a Coldwell Banker agent to request more information.

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