7-Unit Mixed-Use
For Sale
$1,495,000
883 Payne Ave, Saint Paul, MN 55130
Two restaurant suites and five apartments occupy the property.
Property Size12,156 SF
Price / SF$122.98
Days on Market27
Property Features for 883 Payne Ave
General Information
Standard status
Active
Size
12,156 SF
Net Operating Income
$88,315
Additional Details
Gross Income
$192,792
Multifamily Units
5
Amenities
on-site parking lot
Building Details
Year Built
1906
Tenancy
Multi
Listing Agency:
Keller Williams Premier Realty
(651) 379-5252
Listed By:
William Schultz
Source:
Homesearchlive
Added: Aug 3
Changed: Aug 28
Last Checked: Aug 28 at 12:41PM
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 Keller Williams Premier Realty
Investment Insights
Based on property information with market context.
Located at 883 Payne Ave in Saint Paul, this 12,156-square-foot mixed-use property contains seven total units. The configuration includes two restaurant suites at street level and five apartments, combining commercial and residential components within one building.
A dedicated on-site parking lot serves the property. Constructed in 1906, the building offers an established mixed-use layout along Payne Ave with restaurant and apartment space in the same asset.
A dedicated on-site parking lot serves the property. Constructed in 1906, the building offers an established mixed-use layout along Payne Ave with restaurant and apartment space in the same asset.
Key Highlights
- Seven total units: two street‑level restaurant suites and five apartments
- 12,156 square feet of mixed‑use space
- On‑site parking lot included
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,451
Businesses Nearby
Explore this area
Business Placement
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 Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two restaurant suites and five apartments occupy the property.
Where is this mixed-use property located?
The property is located at 883 Payne Ave Saint Paul, MN.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: Seven total units: two street‑level restaurant suites and five apartments; 12,156 square feet of mixed‑use space; On‑site parking lot included
