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Mixed-Use Property with Residence
New
For Sale
$920,000

1260 Payne Ave, Saint Paul, MN 55130

The building combines storefront and service areas with storage, a residential apartment, and space suited to deli or restaurant use.

Property Size10,376 SF
Price / SF$88.67
Days on Market5

Property Features for 1260 Payne Ave

General Information

Standard status Active
Size 10,376 SF

Additional Details

Business Included Yes

Building Details

Year Built 1908
Listing Agency: Five Star Realty LLC
Listed By: Maiker Xiong
Source: Tayloronken
Added: Aug 25 Changed: Aug 28 Last Checked: Aug 28 at 1:11PM

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 Five Star Realty LLC

Investment Insights

Based on property information with market context.

This mixed-use property contains 10,376 square feet plus a basement, with substantial storage throughout the building. The upper level includes a 1,176-square-foot residential unit with 2 bedrooms and 1 bathroom. Additional space is identified for a deli or small restaurant configuration.

Located at 1260 Payne Avenue in Saint Paul, the property carries Business/Commercial zoning and was built in 1908. The sale includes the real estate, an established sales and service business, miscellaneous tools and parts, and inventory/stock. The operation serves homeowners as well as commercial and retail customers and is an authorized sales and service center for many major brands.

Key Highlights

  • 10,376 square feet plus basement
  • Upper‑level 1,176‑square‑foot residential unit with 2 bedrooms and 1 bathroom
  • Business/Commercial zoning at 1260 Payne Avenue, Saint Paul

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Law Firm Real Estate Agency HVAC Service Parking Lot & Garage Garden Center (Bike/Boat/Book/etc) Store

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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

710
Businesses Nearby
37k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 71% Dining 26% Electronics 3%
Holiday Station Store Shops & Services
17,889 visits/mo 0.4 miles
Burger King Dining
9,519 visits/mo 0.5 miles
Dollar General Shops & Services
5,520 visits/mo 0.5 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

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?
Mixed-use property - The building combines storefront and service areas with storage, a residential apartment, and space suited to deli or restaurant use.
Where is this mixed-use property located?
The property is located at 1260 Payne Ave Saint Paul, MN.
What is the asking price?
The asking price for this property is $920,000.
What are key features of this property?
This property features: 10,376 square feet plus basement; Upper‑level 1,176‑square‑foot residential unit with 2 bedrooms and 1 bathroom; Business/Commercial zoning at 1260 Payne Avenue, Saint Paul
More about this property
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