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Mixed-Use Building with Retail
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1082 Payne Ave, Saint Paul, MN 55130

Corner property combines a street-level retail unit with two residential units and additional storage-related space.

Property Size4,200 SF
Price / SF$65.45
Days on Market92

Property Features for 1082 Payne Ave

General Information

Standard status Active
Size 4,200 SF
Property subtype RETAIL
Zoning B2

Additional Details

Corner Location Yes
Multifamily Units 2

Amenities

detached garage

Building Details

Buildings 2
Tenancy Multi
Listing Agency: KW Commercial Premier - St Paul
Listed By: William Schultz
Source: Moodyscre
Added: Jun 1 Changed: Aug 30 Last Checked: Aug 30 at 3:54PM

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 KW Commercial Premier - St Paul

Investment Insights

Based on property information with market context.

This mixed-use property contains approximately 4,200 gross square feet arranged with a street-facing retail unit on the lower level and two residential units above. The retail space is zoned B2 and is leased to an operating retail business. An existing storage unit includes a kitchen and bathroom but is currently non-conforming and used as storage; any residential conversion would require city approval, code compliance, and improvements.

The property occupies a visible corner location at 1082 Payne Ave in Saint Paul’s East Side. Nearby redevelopment activity includes the Hamm’s Brewery redevelopment and the Plaza del Sol project at 990 Payne Avenue. Building systems include hot water heating, natural gas fuel, and ductless mini-split air conditioning. A detached garage provides additional storage or utility space.

Key Highlights

  • Approximately 4,200 gross square feet in a mixed‑use configuration
  • Street‑level retail unit with two upper residential units
  • Retail space is zoned B2 and leased to an operating retail business

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Real Estate Agency Kitchen & Bath Showroom HVAC Service Electrical Service Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,335
Businesses Nearby

Demographics for 55130, MN

18,581
Population
6,368
Households
2.9
Avg Household Size
28
Median Age
21%
College-Educated
73%
High-School Grad
2.0 sq mi
ZIP Area
9,291
Density / Sq Mi
$53,281
Median Household Income
$36,740
Median Earnings
$1,151
Median Rent
$220,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Corner property combines a street-level retail unit with two residential units and additional storage-related space.
Where is this mixed-use property located?
The property is located at 1082 Payne Ave Saint Paul, MN.
What is the asking price?
The asking price for this property is $274,900.
What are key features of this property?
This property features: Approximately 4,200 gross square feet in a mixed‑use configuration; Street‑level retail unit with two upper residential units; Retail space is zoned B2 and leased to an operating retail business
(651) 216-6814 Call to check price and availability
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