102 Westover Road, Hoyt Lakes, Minnesota 55750

MN, Hoyt Lakes
$169,000
  • Commercial Sale Property Type
  • 1951 Year Built
  • Pending Status
See All 23 Photos
Kyle Synowczynski
Kyle Synowczynski
  • (612) 688-6065
  • Kyle@StoneArchRealty.com
Property Description

Situated off the main drag in the heart of Hoyt Lakes this 12 unit apartment building has so much potential! Restore this into apartments or an easy conversion into hotel/vacation rental to maximize the income. Currently it has 10 efficiency apartments, 2 two bedroom apartments, a designated laundry room, and a separate storage room area. Each unit has a kitchen area and a full bathroom and a couple of the efficiency units have doors to create conjoining rooms. The electric appears to be separated to each unit. There is currently an asphalt parking lot and there is a lot more yard to make it bigger or use it for another building, a playground area, or whatever your vision brings to you! This location is just a short drive from world class golfing, skiing, mountain biking and dining at Giant’s Ridge. Don’t forget the countless number of fantastic fishing lakes, Skibo lookout tower for amazing views, and don’t forget just up the road is one of the best OHV parks in the nation.

Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: 6776137
  • Price: $169,000
  • Year Built: 1951
  • Listing Status: Pending
  • Office Name: GRAND PROPERTIES REAL ESTATE
  • Roof: Flat
Features
  • Heating System Hot Water,Boiler
  • Basement None
  • Parking Parking Lot
  • Utilities Electric Separate,Heating Common,Hot Water Common
  • Sewer City Sewer/Connected
Address Map
  • Country US
  • State MN
  • County St. Louis
  • City Hoyt Lakes
  • Zipcode 55750
  • Street: Westover
  • Street Number: 102
  • Street Suffix: Road
  • Directions: From Hoyt Lakes head East on Hwy 110 to address. No sign at the property
Neighborhood
  • High School District: Mesabi East
MLS Addon
  • Office Name: GRAND PROPERTIES REAL ESTATE
Additional Information
  • Water Source: City Water/Connected
  • Accessibility Features: None
  • Building Size: 6700
  • Construction Materials: Stucco
  • Current Use: Residential
  • Levels: Two
  • Lot Size Dimensions: 216x93x199x140
  • Number Of Units Total: 12
  • Possible Use: Motel/Hotel
Financial
  • Tax Annual Amount: 1970
Listing Information
  • List Agent Mls Id: 501000585
  • List Office Mls Id: 27579
  • Modification Timestamp: 2025-11-24T11:58:04Z
  • Originating System Name: NorthStar
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