Prime Retail Space in Saint
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981 Payne Ave, MN
Turnkey commercial property in a high-growth Saint Paul corridor.
Property Size3,849 SF
Lot Size0.06 Acres
Price / SF$64.95
Days on Market287
Property Features for 981 Payne Ave
General Information
Standard status
Active
Size
3,849 SF
Lot size
0.06 Acres
Property subtype
RETAIL
Listing Agency:
KW Commercial Premier - St Paul
(651) 216-6814
Listed By:
William Schultz
(651) 216-6814
Source:
Moodyscre
Added: Nov 17, 2025
Changed: Aug 8
Last Checked: Aug 8 at 12:33PM
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 KW Commercial Premier - St Paul
Investment Insights
Based on property information with market context.
This commercial property is located in the Payne-Phalen corridor of Saint Paul. The property features a single commercial space totaling approximately 1,600 square feet, divided into three connected sections. Currently, two sections are occupied by a beauty salon, while the third serves as a barbershop/salon area. The layout allows for continued use as a multi-operator salon or reconfiguration into a single retail or service space. The property has undergone recent upgrades. It offers visibility, street presence, and neighborhood foot traffic. The Payne Avenue corridor is experiencing revitalization, anchored by the Hamm’s Brewery redevelopment and the Latino Economic Development Center’s transformation, which will introduce a new event center, commercial kitchen, restaurants, and retail to the area. The property is positioned in a high-growth, community-driven district that continues to attract long-term investment and development.
Key Highlights
- Located in the heart of Saint Paul’s thriving Payne‑Phalen corridor, an area experiencing major revitalization.
- Fully built‑out, move‑in ready commercial property with recent upgrades, offering a turnkey opportunity.
- Flexible 1,600 sq ft space easily reconfigurable.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,487
Businesses Nearby
29k
Monthly Visits Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Retail space - Turnkey commercial property in a high-growth Saint Paul corridor.
Where is this retail space located?
The property is located at 981 Payne Ave MN.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Located in the heart of Saint Paul’s thriving Payne‑Phalen corridor, an area experiencing major revitalization.; Fully built‑out, move‑in ready commercial property with recent upgrades, offering a turnkey opportunity.; Flexible 1,600 sq ft space easily reconfigurable.
