1321 Payne Ave E

Saint Paul, MN 55130
  • $499,900

    Price
  • 7,200

    SqFt
  • 0.07

    Acre

About the Listing 10327 - 506091245,506020079

Potential for great cash flow! Classic brick mixed-use building on highly visible Payne Avenue featuring two commercial storefronts and three apartments above. The residential units include two 1-bedroom apartments and one 2-bedroom, 1-bath apartment. Recent seller improvements include a new water service line, updated electrical service for the front storefront, newer forced-air furnace and water heater, plus a newer boiler and water heater serving the apartments and rear commercial space. Both storefronts feature updated bathrooms and full kitchens with quality cabinetry and appliances. The commercial spaces can be operated separately or combined into one larger business location. The larger storefront also includes access to a clean, dry basement with an additional bathroom, offering excellent storage and potential expansion space. Off-street parking is available behind the building, with abundant street parking nearby. Ideal for investors or owner-occupants seeking a flexible income-producing property.

Listing Highlights

Status Active
Days on Site 113
Property Type Commercial Sale
MLS ® 7085772
Year Built 1927
Total Square Footage 7,200
Lot/Acreage 0.07
County Ramsey
Neighborhood Denny Hill Add
School District St. Paul

Interior Details

  • Appliances:
  • Air Cond:
  • Heating: Boiler,Forced Air,Radiant,Natural Gas
  • Fireplaces:
  • Floor:
  • Basement: Block,Full,Storage Space
  • Other:
  • Water: City Water/Connected

Exterior Details

  • Lot Description: Public Transit (w/in 6 blks),Corner Lot
  • Garage Capacity: N/A
  • Lot Dimensions: 29x116
  • Zoning: Business/Commercial
  • Roof: Age Over 8 Years,Flat
  • Others:
  • Sewer: City Sewer/Connected
  • Parking Features: Parking Lot

Financial Details

  • Tax Amount: $9,880
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 202922420122
  • Tax Year: 2025

Payment Calculator

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Questions About..

1321 Payne Ave E Saint Paul, MN 55130

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Originating MLS: northstar

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Brad Bemowski

Realtor and Licensed Real Estate Broker | Brad Bemowski | Homcentric Real Estate, powered by Property Executives Realty

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