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Fully Built-Out Storefront Property
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Pending

981 Payne Ave, Saint Paul, MN 55130

Built-out storefront with three connected sections currently used for beauty salon and barbershop/salon.

Property Size3,849 SF
Days on Market256

Property Features for 981 Payne Ave

General Information

Standard status Pending
Size 3,849 SF
Property subtype RETAIL
Listing Agency: KW Commercial Premier - St Paul
Listed By: William Schultz
Source: Moodyscre
Added: Nov 17, 2025 Changed: Jul 30 Last Checked: Jul 30 at 3:35PM

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.

Located at 981 Payne Ave in Saint Paul’s Payne-Phalen corridor, this fully built-out storefront property is configured as one large commercial space totaling approximately 1,600 square feet. The layout is divided into three connected sections, with two sections currently operating as a beauty salon and the third section used as a bright, modern barbershop/salon area. The connected configuration supports multi-operator use or a reconfiguration into a single cohesive retail or service space.

The property has undergone numerous recent upgrades and is presented as move-in ready for an owner-user or tenant. It also benefits from strong street presence and neighborhood foot traffic.

The Payne Avenue corridor is undergoing major revitalization, including the Hamm’s Brewery redevelopment and the Latino Economic Development Center’s multi-million-dollar transformation, which is planned to add an event center, commercial kitchen, restaurants, and retail. The property’s central position along this corridor can support a variety of retail or service uses consistent with the existing salon-focused layout.

Key Highlights

  • Approximately 1,600 SF single commercial space in three connected sections
  • Two sections currently occupied by a beauty salon
  • Third section operating as a barbershop/salon area

Property Analytics

Current Use

Storefront properties

Suggested Use

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

1,388
Businesses Nearby
48k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 68% Dining 25% Electronics 5% Home Improvements & Furnishings 3%
Holiday Station Store Shops & Services
13,908 visits/mo 0.4 miles
Mister Car Wash Shops & Services
11,776 visits/mo 0.3 miles
Burger King Dining
11,264 visits/mo 0.2 miles
Speedway Shops & Services
4,990 visits/mo 0.4 miles
Metro by T-Mobile Electronics
2,301 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

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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Similar Off Market Nearby

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  • Jerry's Roses — 695 Payne Ave, St Paul, MN 55130
  • Floreria Perla — 839 E 7th St #2, St Paul, MN 55106

Frequently Asked Questions

What type of property is this?
Storefront property - Built-out storefront with three connected sections currently used for beauty salon and barbershop/salon.
Where is this storefront property located?
The property is located at 981 Payne Ave Saint Paul, 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: Approximately 1,600 SF single commercial space in three connected sections; Two sections currently occupied by a beauty salon; Third section operating as a barbershop/salon area
(651) 216-6814 Call to check price and availability
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