1132 Payne Avenue Saint Paul, MN 55130
- Added:
- Nov 11, 2025
- Days on Market:
- 169
- Last Refresh:
- Apr 29 at 12:06 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
- Tax Year
- 2025
- Tax Annual Amount
- 5986
Utilities
- Heating system
- Forced Air
Building Details
- Year built
- 1900
- Architectural style
- Other
Listing agent William Schultz (651) 379-5252
Listing office Keller Williams Premier Realty 635 Bielenberg Drive Suite 100, Woodbury, MN (651) 379-5252
Listing date Nov 11, 2025
MLS# 6806880
Listing URL
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Overview
Saint Paul Mixed-Use Commercial Property
This three-unit mixed-use commercial property in Saint Paul presents an investment opportunity within the rapidly revitalizing Payne-Phalen corridor. The property is positioned to benefit from the area's ongoing transformation, including the Hamm’s Brewery redevelopment, which is set to bring new housing, retail, and community spaces. Additionally, the Latino Economic Development Center’s multi-million-dollar renovation will introduce a new event center, commercial kitchen, restaurants, and retail destinations to further energize this historic commercial strip. Located on Payne Avenue, the property is situated to gain from increased visibility, higher tenant demand, and future appreciation as investment pours into the neighborhood. The property offers potential for investors or owner-operators looking to unlock value through upgrades and rent increases. All three units are currently functional but would benefit from modernization, allowing for substantial cash flow growth and appreciation. With a lot size of 0.058 acres, 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
Location Insight
- Map
- Local Demand
- City
- Saint Paul
- County
- Dakota
- State
- Minnesota
- Longitude
- -93.073207
- Latitude
- 44.975311
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Value-add investment opportunity in Saint Paul's 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 $275,000.
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 units offering strong potential for rent increases and value appreciation.; Prime location on Payne Avenue, benefiting from major redevelopment projects like the Hamm’s Brewery redevelopment and the Latino Economic Development Center renovation.
