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Restaurant Business with Kitchen Equipment
For Sale
$336,000

1143 Payne Ave, Saint Paul, MN 55130

The business transfer includes operational materials and a month of transition training.

Property SizeContact for details
Days on Market129

Property Features for 1143 Payne Ave

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $5,577
Listing Agency: ScaleUp CRE
Listed By: Steven Thao
Source: Exprealty
Added: May 22 Changed: Sep 26 Last Checked: Sep 26 at 2:29PM

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 ScaleUp CRE

Investment Insights

Based on property information with market context.

This restaurant business is being offered separately from the real estate. The transfer includes trade fixtures, commercial kitchen equipment, the business name and materials, menu, vendor relationships, and operating components. Buyer training is provided for a one-month period.

The business owner also owns the building, and lease terms may be negotiated directly with that owner.

Key Highlights

  • Commercial kitchen equipment and trade fixtures are included
  • Transfer includes the menu, vendor relationships, business name, and operating materials
  • Buyer training is provided for one month

Property Analytics

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Current Use

Conventional restaurants

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
22k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 53% Dining 42% Electronics 5%
Burger King Dining
9,519 visits/mo 0.5 miles
Dollar General Shops & Services
5,520 visits/mo 0.2 miles
U.S. Bank Shops & Services
3,258 visits/mo 0.3 miles
O'Reilly Auto Parts Shops & Services
3,047 visits/mo 0.2 miles
Metro by T-Mobile Electronics
1,092 visits/mo 0.4 miles

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
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - The business transfer includes operational materials and a month of transition training.
Where is this conventional restaurant located?
The property is located at 1143 Payne Ave Saint Paul, MN.
What is the asking price?
The asking price for this property is $336,000.
What are key features of this property?
This property features: Commercial kitchen equipment and trade fixtures are included; Transfer includes the menu, vendor relationships, business name, and operating materials; Buyer training is provided for one month
More about this property
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