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Mixed-Use Live-Work Property
For Sale
$349,900

539 Payne Avenue, Saint Paul, MN 55130

Commercial Sale, Saint Paul, MN

Property SizeContact for details
Days on Market57

Property Features for 539 Payne Avenue

General Information

Property type Commercial Sale
Property subtype Apartment
Zoning description Business/Commercial
Rooms Basement
Parking features Covered
Appliances Dishwasher, Range
High school district St. Paul
Directions 7th Street East to Payne Ave, N on Payne Ave to 539.
Standard status Active
APN 322922240073

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 4570

Utilities

Heating system Forced Air, Hot Water(Heating)
Cooling system Central Air

Building Details

Year built 1932
Roof type Tar/Gravel
Listing Agency: Northstar Real Estate Associates
Listed By: James E. Yacoub
Added: Aug 14 Changed: Oct 8 Last Checked: Oct 9 at 4:06PM
MLS# 7127600

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 combines commercial space with an upstairs living area. Two units are vacant, while a salon occupies another space under a month-to-month lease. A basement adds interior space for storage or potential future build-out. The building dates to 1932 and has central air conditioning, forced-air and hot-water heating, and covered parking.

Key Highlights

  • Two units are vacant; a salon is leased month‑to‑month
  • Upstairs living space with commercial area
  • Basement space available for storage or future build‑out

Property Analytics

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Current Use

Live-work space

Suggested Use

Top Pick Electrical Service Storage Facility Carpet & Flooring Store Pet Grooming Service Nursing Home Home Appliance 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.

Location Intelligence

Trade Area within ½ mile

1,544
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
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two vacant units and a salon leased month-to-month provide a mix of available and occupied space.
Where is this mixed-use property located?
The property is located at 539 Payne Avenue Saint Paul, MN.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: Two units are vacant; a salon is leased month‑to‑month; Upstairs living space with commercial area; Basement space available for storage or future build‑out
More about this property
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