Building Details

Year Built 1910

Buildings 1

Tenancy Multi

Listing Agency: Lauber Realty

Listed By: Steve W. Lauber Show Phone

Source: Caibert

Added: Sep 29 Changed: Oct 31 Last Checked: Oct 31 at 3:16AM

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Investment Insights

Based on property information with market context.

This 4,284-square-foot mixed-use building in Saint Paul was built in 1910. The ground-floor commercial space is occupied by a bakery, with three large one-bedroom apartments on the second floor.

The property is located at 886 Payne Avenue. The current owner has held the building for 27 years.

Key Highlights

• Ground‑floor commercial tenant is a bakery
• Three large one‑bedroom apartments occupy the second floor
• 4,284 square feet

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

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.

Lease Details

3

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

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

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Frequently Asked Questions

What type of property is this?

Mixed-use property - Three upstairs apartments complement a ground-floor bakery tenancy.

Where is this mixed-use property located?

The property is located at 886 Payne Avenue Saint Paul, MN.

What is the asking price?

The asking price for this property is $399,900.

What are key features of this property?

This property features: Ground‑floor commercial tenant is a bakery; Three large one‑bedroom apartments occupy the second floor; 4,284 square feet