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7-Unit Mixed-Use Property
For Sale
$1,495,000

883 Payne Avenue, Saint Paul, MN 55130

Commercial Sale, Saint Paul, MN

Property SizeContact for details
Lot Size0.25 Acres
Days on Market176

Property Features for 883 Payne Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Business/Commercial
Bedrooms 5
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 4, Bedroom 2, Bathroom 3, Bedroom 3, Bedroom 1, Bathroom 1, Bedroom 5, Bathroom 4, Bathroom 2
Exterior features Stucco
Subdivision Chas Weides Sub Of B35 Arling
High school district St. Paul
Directions 94 to Mounds Blvd, 7th St to Payne Ave
Standard status Active
APN 292922420189
Lot size 0.25 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 22870

Utilities

Heating system Oil

Building Details

Year built 1906
Listing Agency: Keller Williams Premier Realty · Keller Williams Realty
Listed By: William Schultz
Added: Mar 4 Changed: Aug 27 Last Checked: Aug 27 at 10:06PM
MLS# 6808068

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.

Located at 883 Payne Avenue in Saint Paul, this mixed-use property contains seven total units arranged as two street-level restaurant suites and five apartments. The building dates to 1906, features stucco exterior construction, and is heated with oil. An on-site parking lot serves the property, adding functional support for both commercial and residential occupancy.

The 0.2457-acre site is positioned on Payne Avenue in Saint Paul’s 55130 ZIP code, within Ramsey County. The combination of restaurant and apartment components creates a single property with distinct commercial and residential spaces, while the existing parking area contributes to the overall site configuration.

Key Highlights

  • Seven total units: two street‑level restaurant suites and five apartments
  • On‑site parking lot included
  • 0.2457‑acre site at 883 Payne Avenue, Saint Paul, MN 55130

Property Analytics

Current Use

Conventional restaurants

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.

Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

1,451
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

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Street-level restaurant suites complement apartment residences and an on-site parking lot.
Where is this mixed-use property located?
The property is located at 883 Payne Avenue 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; On‑site parking lot included; 0.2457‑acre site at 883 Payne Avenue, Saint Paul, MN 55130
More about this property
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