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Mixed-Use Building with Upper-Level Space
For Sale
$320,000

977 Payne Avenue, Saint Paul, MN 55130

Commercial Sale, Saint Paul, MN

Property SizeContact for details
Lot Size0.03 Acres
Days on Market332

Property Features for 977 Payne Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Business/Commercial
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 1
Parking features On Street
Subdivision J R Weide Re L28-30b15 L1-2b16
High school district St. Paul
Directions J R WEIDE RE L2B 30B15 L1 2B16 EX W 29 4/10 FT LOT 5 BLK 16
Standard status Active
APN 292922130157
Lot size 0.03 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 9640

Utilities

Heating system Forced Air

Building Details

Year built 1884
Roof type Shingle, Asphalt
Listing Agency: Keller Williams Premier Realty · Keller Williams Realty
Listed By: William Schultz
Added: Nov 11, 2025 Changed: Oct 9 Last Checked: Oct 9 at 4:06PM
MLS# 6806866

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 has commercial space on the main floor and additional area above. Plumbing and electrical infrastructure is present on the upper level. The building dates to 1884 and has forced-air heating, a shingle and asphalt roof, and on-street parking.

At 977 Payne Avenue in Saint Paul, the property is near the Hamm’s Brewery redevelopment and a revitalization project led by the Latino Economic Development Center. The parcel encompasses 0.028 acres.

Key Highlights

  • Main‑floor commercial space with additional upper‑level area
  • Plumbing and electrical infrastructure on the upper level
  • 0.028‑acre parcel at 977 Payne Avenue, Saint Paul

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Law Firm Electrical Service HVAC Service Parking Lot & Garage Plumbing Service Kitchen & Bath Showroom

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

1,487
Businesses Nearby
29k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 40% Home Improvements & Furnishings 29% Electronics 26% Dining 5%
Kendall's Ace Hardware Home Improvements & Furnishings
8,429 visits/mo 0.3 miles
Dollar General Shops & Services
5,520 visits/mo 0.2 miles
U.S. Bank Shops & Services
3,258 visits/mo 0.1 miles
T-Mobile Electronics
3,226 visits/mo 0.5 miles
O'Reilly Auto Parts Shops & Services
3,047 visits/mo 0.5 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
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Main-floor commercial space is paired with upper-level area that includes plumbing and electrical infrastructure.
Where is this mixed-use property located?
The property is located at 977 Payne Avenue Saint Paul, MN.
What is the asking price?
The asking price for this property is $320,000.
What are key features of this property?
This property features: Main‑floor commercial space with additional upper‑level area; Plumbing and electrical infrastructure on the upper level; 0.028‑acre parcel at 977 Payne Avenue, Saint Paul
More about this property
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