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1132 Payne Avenue Saint Paul, MN 55130

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For Sale
$290,000

Commercial - Saint Paul, MN

Lot size:
0.06 Acres
Added:
Nov 11, 2025
Days on Market:
141
Last Refresh:
Apr 1 at 6:06 am

Property Features for 1132 Payne Avenue

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
Business/Commercial
Bedrooms
2
Rooms
Bedroom 1, Bedroom 2
Exterior features
Fiber Board, Other, Shakes
Standard status
Active
APN
292922120038
Lot size
0.06 Acres

Taxes and HOA fees

TaxYear
2025
TaxAnnualAmount
5986

Utilities

Heating system
Forced Air

Building Details

Year built
1900
Architectural style
Other

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Listing Contact
William Schultz
William Schultz

Listing agent William Schultz

Listing office Keller Williams Premier Realty 635 Bielenberg Drive Suite 100, Woodbury, MN

Listing date Nov 11, 2025

MLS# 6806880 Listing URL

Copyright © 2026 Northstar MLS. 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 Commercial Property in Saint Paul

This three-unit mixed-use commercial property in Saint Paul, MN, presents an investment opportunity in the rapidly revitalizing Payne-Phalen corridor. The property is positioned to benefit from the area's ongoing transformation, with redevelopment efforts such as the Hamm's Brewery project set to bring new housing, retail, and community spaces. Additionally, the Latino Economic Development Center's renovation will introduce a new event center, commercial kitchen, restaurants, and retail destinations to energize this historic commercial strip. Located on Payne Avenue, the property stands to gain from increased visibility, higher tenant demand, and future appreciation as investment pours into the neighborhood. The property is located on a lot of approximately 0.058 acres. The property is zoned for business and commercial use. All three units are currently functional but would benefit from modernization, allowing for substantial cash flow growth and appreciation. This property represents an opportunity to invest ahead of the curve and become part of the East Side's next wave of revitalization.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Mixed-use properties

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

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

Location Insight

  • Map
  • Local Demand
City
Saint Paul
County
Dakota
State
Minnesota
Longitude
-93.073207
Latitude
44.975311

FAQs

What type of property is this?
Mixed-use property - Value-add investment opportunity in revitalizing Payne-Phalen corridor.
Where is this mixed-use property located?
The property is located at 1132 Payne Avenue Saint Paul, MN.
What is the asking price?
The asking price for this property is $290,000.
What are key features of this property?
This property features: High‑potential investment property in Saint Paul's rapidly revitalizing Payne‑Phalen corridor.; Mixed‑use commercial property with three functional units offering value‑add opportunities through upgrades and rent increases.; Prime location on Payne Avenue, benefiting from major redevelopment projects like the Hamm’s Brewery redevelopment and the Latino Economic Development Center renovation.
More about this property
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