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    1129 Payne Ave Saint Paul, MN 55130

    For Sale
    $250,000

    Commercial - Saint Paul, MN

    Lot size:
    0.06 Acres
    Days on Market:
    119
    Last Refresh:
    Dec 14 at 5:06 pm

    Property Features for 1129 Payne Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Other
    Rooms
    Bedroom 1, Bedroom 2
    Bedrooms
    2
    APN
    292922120143
    Parking features
    Garage, Garage - Attached
    Exterior features
    Brick/Stone, Vinyl
    Lot size
    0.06 Acres

    Utilities

    Heating system
    Hot Water (Heating)

    Building Details

    Year built
    1889
    Architectural style
    Other

    EXP REALTY (612) 751-9303 [email protected]

    Listing agent Victoria De La Mora (612) 751-9303

    Listing date Aug 18, 2025

    MLS# 6774259 Listing URL

    Copyright © 2025 Regional Multiple Listing Service of Minnesota [NorthStarMLS]. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Property in Saint Paul

    This mixed-use property features a retail/commercial unit on the main level, offering high visibility and easy street access. The property also includes a residential rental unit above the retail space, presenting an opportunity to generate double income. The upper-level unit could potentially rent for $1350, and the lower mixed-use/retail unit could potentially rent for $2,500. Located in Saint Paul, Minnesota, the property is situated on a lot of approximately 0.063 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Saint Paul
    County
    Dakota
    State
    Minnesota
    Longitude
    -93.07386
    Latitude
    44.975234

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property with retail and residential units for sale.
    Where is this mixed-use property located?
    The property is located at 1129 Payne Ave Saint Paul, MN.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: - Potential for double income stream from retail/commercial and residential units.; - Mortgage-free property.; - Retail/commercial unit with great visibility and walking accessibility.
    (612) 751-9303
    Request Owner's contact information
    1129 Payne Ave Saint Paul, MN 55130
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1129 Payne Ave Saint Paul, MN 55130
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