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Corner Storefront Property
For Sale
$499,000

871 Payne Avenue, Saint Paul, MN 55130

Available for immediate occupancy, with a layout suited to retail, office, or service uses.

Property SizeContact for details
Days on Market97

Property Features for 871 Payne Avenue

General Information

Standard status Active
Property subtype Commercial
Lease Term []

Additional Details

Opportunity Zone Yes

Building Details

Year Built 1913
Listing Agency: Real Broker,LLC
Listed By: Pang Moua
Source: C21atwood
Added: Jul 9 Changed: Oct 11 Last Checked: Oct 12 at 9:08PM

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 Real Broker,LLC

Investment Insights

Based on property information with market context.

This storefront property at 871 Payne Avenue is available for immediate occupancy. Its layout is described as suitable for retail, office, and service uses, and the building dates to 1913.

The property occupies a corner along the Payne Avenue corridor in an Opportunity Zone, within an area described as having a dense residential base.

Key Highlights

  • Corner location on the Payne Avenue corridor
  • 1913 construction
  • Situated within an Opportunity Zone

Property Analytics

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Current Use

Storefront properties

Suggested Use

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

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

1,451
Businesses Nearby
26k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 33% Home Improvements & Furnishings 32% Electronics 29% Dining 6%
Kendall's Ace Hardware Home Improvements & Furnishings
8,429 visits/mo 0.1 miles
Dollar General Shops & Services
5,520 visits/mo 0.3 miles
U.S. Bank Shops & Services
3,258 visits/mo 0.2 miles
T-Mobile Electronics
3,226 visits/mo 0.4 miles
Cricket Wireless Authorized Retailer Electronics
2,675 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
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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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Similar Off Market Nearby

  • Jerry's Roses — 695 Payne Ave, St Paul, MN 55130
  • Bumble Fleur — 713 Minnehaha Ave E Suite 203, St Paul, MN 55106
  • Floreria Perla — 839 E 7th St #2, St Paul, MN 55106
  • SameDay-FlowerDelivery — 913 payne ave, st paul, mn 55130
  • Cub Foods Floral — 892 Arcade St, St Paul, MN 55106

Frequently Asked Questions

What type of property is this?
Storefront property - Available for immediate occupancy, with a layout suited to retail, office, or service uses.
Where is this storefront property located?
The property is located at 871 Payne Avenue Saint Paul, MN.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Corner location on the Payne Avenue corridor; 1913 construction; Situated within an Opportunity Zone
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