Saint Paul, MN 55130

$524,900
Property Type: Commercial Square Footage: 7,200 Lot Size (sq. ft.): 3,049 Status: Active
Current Price: $524,900 List Date: 6/03/2026 Last Modified: 6/03/2026

Overview

Description

Classic brick mixed-use building on highly visible Payne Avenue featuring two commercial storefronts and three apartments above. The residential units include two 1-bedroom apartments and one 2-bedroom, 1-bath apartment. Recent seller improvements include a new water service line, updated electrical service for the front storefront, newer forced-air furnace and water heater, plus a newer boiler and water heater serving the apartments and rear commercial space. Both storefronts feature updated bathrooms and full kitchens with quality cabinetry and appliances. The commercial spaces can be operated separately or combined into one larger business location. The larger storefront also includes access to a clean, dry basement with an additional bathroom, offering excellent storage and potential expansion space. Off-street parking is available behind the building, with abundant street parking nearby. Ideal for investors or owner-occupants seeking a flexible income-producing property.

Listing Details MLS# 7085772

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Other Parking Spaces
4
Owner Occupied
No
Waterfront YN
No
Year Built
1927
Yearly/Seasonal
Yearly
Zoning
Business/Commercial
Foundation Size
2400
For Sale or Lease
For Sale
Acres
0.07
Lot Dimensions
29x116
Assessment Pending
No
Garage Stalls
0

Property Features

Accessible: No Stairs Internal Assumable Loan: Information Coming Basement: Concrete Block; Full; Storage Space CMU Style: Apartments and Retail Construction Status: Previously Owned Current Use: Commercial; Residential Exterior: Brick Veneer Flooring: Luxury Vinyl Tile; Wood Foundation: Concrete Block Fuel: Natural Gas Heating: Boiler; Forced Air; Radiant Loan Terms: Cash; Conventional Lot Description: Corner Lot; Public Transit (w/in 6 blks) On Site Utilities: Electric Separate; Heating Separate; Hot Water Separate Parking Characteristics: Parking Lot Potential Use: Income; Lounge/Bar; Office; Professional; Rest/Lounge; Restaurant; Retail Rental License Type: Standard Road Frontage: City Street; Sidewalks Road Responsibility: Public Maintained Road Roof: Age Over 8 Years; Flat Sewer: City Sewer/Connected Stories: Two Water: City Water/Connected

Contract Information

Contingency
None
ListPrice
524900
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

Postal City
Saint Paul
County
Ramsey
State
MN
Zip Code
55130
Complex/Dev/Subdivision
Denny Hill Add

Assessments

Tax With Assessments
9880
Assessment Balance
0

Building Information

Building Finished SqFt
4800
Building SqFt
7200

More Information

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
22
Section#
20
Township#
29

Sale Options

Sale Includes
Building

Unit 1

No. of 1 Bedroom Units
2

Unit 2

No. of 2 Bedroom Units
Yes

Unit Details

Total Units
5

Office/Member Info

Association
SPAAR

Location, Tax and Other Information

Legal Description
DENNY HILL ADDITION LOT 9 BLK 4
Listing City
Saint Paul
Map Page
108
Municipality
Saint Paul
School District
St. Paul
School District Phone
651-767-8100
Zip Plus 4
3897
Property ID Number
202922420122
Tax Year
2025
Tax Amount
9880
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Classic brick mixed-use building on highly visible Payne Avenue featuring two commercial storefronts and three apartments above. The residential units include two 1-bedroom apartments and one 2-bedroom, 1-bath apartment. Recent seller improvements include a new water service line, updated electrical service for the front storefront, newer forced-air furnace and water heater, plus a newer boiler and water heater serving the apartments and rear commercial space. Both storefronts feature updated bathrooms and full kitchens with quality cabinetry and appliances. The commercial spaces can be operated separately or combined into one larger business location. The larger storefront also includes access to a clean, dry basement with an additional bathroom, offering excellent storage and potential expansion space. Off-street parking is available behind the building, with abundant street parking nearby. Ideal for investors or owner-occupants seeking a flexible income-producing property.
Directions
Maryland Ave to Payne, North to property

Accessible

No Stairs Internal
Yes

Assumable Loan

Information Coming
Yes

Basement

Concrete Block
Yes
Full
Yes
Storage Space
Yes

Construction Status

Previously Owned
Yes

Exterior

Brick Veneer
Yes

Flooring

Luxury Vinyl Tile
Yes
Wood
Yes

Foundation

Concrete Block
Yes

Fuel

Natural Gas
Yes

Heating

Boiler
Yes
Forced Air
Yes
Radiant
Yes

Lot Description

Corner Lot
Yes
Public Transit (w/in 6 blks)
Yes

Parking Characteristics

Parking Lot
Yes

Rental License Type

Standard
Yes

Road Frontage

City Street
Yes
Sidewalks
Yes

Road Responsibility

Public Maintained Road
Yes

Roof

Age Over 8 Years
Yes
Flat
Yes

Sewer

City Sewer/Connected
Yes

Stories

Two
Yes

Water

City Water/Connected
Yes

No. of Ranges

Five
Yes

No. of Refrigerators

Five
Yes

On Site Utilities

Electric Separate
Yes
Heating Separate
Yes
Hot Water Separate
Yes

CMU Style

Apartments and Retail
Yes

Current Use

Commercial
Yes
Residential
Yes

Loan Terms

Cash
Yes
Conventional
Yes

Potential Use

Income
Yes
Lounge/Bar
Yes
Office
Yes
Professional
Yes
Rest/Lounge
Yes
Restaurant
Yes
Retail
Yes
IDX
Listing Office: Grand Realty, LLC
Last Updated: June - 03 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
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