Renovation-Ready Retail
1001 Payne Ave Saint Paul, MN 55130
For Sale
Contact for pricing
Partially renovated retail building with roof updates and demolition completed, offered with flexibility for approved commercial uses.
Property Size17,000 SF
Price / SF$11.76
Days on Market1188
Property Features for 1001 Payne Ave
General Information
- Standard status
- Active
- Size
- 17,000 SF
- Property subtype
- RETAIL
Listing Agency:
NAI Gateway Commercial
(651) 334-9851
Listed By:
Patrick Corbett · License #40472866
(651) 334-9851
Source:
Moodyscre
Added: Apr 27, 2023
Changed: Jul 26
Last Checked: Jul 26 at 12:14PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Gateway Commercial
Investment Insights
Based on property information with market context.
This retail building is being offered for sale as a renovation project, with the current owners having started improvements and demolition work in advance of a future build-out. Completed work includes main floor support beam work, demolition, a roof update, and asbestos clean-up. The property can be tailored to a variety of concepts, as the seller states it may be used for retail, restaurant, adult daycare, or gathering hall, subject to zoning approval under 3A COMMERCIAL LAND AND BUILDING.
Located on the east side of St. Paul, the property is described as being in a lively area with new development and drive-by traffic. The remarks also note nearby successful businesses and that US Bank is directly in front of the building. Off-street parking and bus transportation are also mentioned as nearby access conveniences.
The remaining value is largely in completing the build-out to fit the buyer’s intended use within the approved zoning framework.
Located on the east side of St. Paul, the property is described as being in a lively area with new development and drive-by traffic. The remarks also note nearby successful businesses and that US Bank is directly in front of the building. Off-street parking and bus transportation are also mentioned as nearby access conveniences.
The remaining value is largely in completing the build-out to fit the buyer’s intended use within the approved zoning framework.
Key Highlights
- Partially renovated commercial building in 3A Commercial Land and Building zone
- Renovation work completed: main floor support beam ($40,000), demolition ($100,000), roof update ($40,000), asbestos clean‑up ($13,000)
- Great flexibility of approved commercial use types, including retail, restaurant, adult daycare, and gathering hall
Property Analytics
Location Intelligence
Current Use by Public Records
Retail space
FAQs
What type of property is this?
Retail space - Partially renovated retail building with roof updates and demolition completed, offered with flexibility for approved commercial uses.
Where is this retail space located?
The property is located at 1001 Payne Ave Saint Paul, MN.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Partially renovated commercial building in 3A Commercial Land and Building zone; Renovation work completed: main floor support beam ($40,000), demolition ($100,000), roof update ($40,000), asbestos clean‑up ($13,000); Great flexibility of approved commercial use types, including retail, restaurant, adult daycare, and gathering hall
