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3-Unit Mixed-Use Property
For Sale
$275,000

1132 Payne Avenue, Saint Paul, MN 55130

Commercial Sale, Saint Paul, MN

Property SizeContact for details
Lot Size0.06 Acres
Days on Market332

Property Features for 1132 Payne Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Business/Commercial
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 2, Bedroom 1, Bathroom 1, Bathroom 2
Parking features On Street
Subdivision Holterhoff & Meads Add
High school district St. Paul
Directions HOLTERHOFF AND MEADS ADDITION LOT 4 BLK 3
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
Listing Agency: Keller Williams Premier Realty · Keller Williams Realty
Listed By: William Schultz
Added: Nov 11, 2025 Changed: Oct 9 Last Checked: Oct 9 at 4:06PM
MLS# 6806880

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.

Investment Insights

Based on property information with market context.

This mixed-use property contains three functional units on a 0.058-acre lot. Built in 1900, the building is served by forced-air heating, with parking available on the street.

The property is located on Payne Avenue in Saint Paul. The surrounding corridor includes redevelopment projects described as bringing housing, retail, community space, event facilities, a commercial kitchen, and restaurants.

Key Highlights

  • Three‑unit mixed‑use property
  • 0.058‑acre lot
  • Built in 1900

Property Analytics

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Current Use

Mixed-use properties

Suggested Use

Top Pick Law Firm HVAC Service Kitchen & Bath Showroom Electrical Service Real Estate Agency 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.

Location Intelligence

Trade Area within ½ mile

889
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Mixed-use property - The three existing units are functional and heated by forced-air systems.
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: Three‑unit mixed‑use property; 0.058‑acre lot; Built in 1900
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