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883 Payne Avenue
Saint Paul MN 55130 US

$1,495,000

Active Listing ID 6808068
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5 bed
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Lot: 0.25 Acres
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Other

$1,495,000

Active Listing ID 6808068
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883 Payne Avenue Prime Payne Ave mixed-use opportunity with income now and upside later. 883 Payne Ave offers 7 total units including two street-level restaurant suites plus five apartments, all complemented by a rare on-site parking lot. Current operations generate $192, 792 in gross/effective income with $88, 315 NOI, and pro forma projections support $214, 200 income and $109, 723 NOI through improved rents and continued stabilization. High-visibility corridor location with long-term flexibility for investors seeking strong cash flow, value-add potential, and future redevelopment optionality. All tours require proof of funds and/or approval of financing. No same-day tours.

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Property Features

  • Facts
  • Lot Size: 0.25 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Exterior Finish: Stucco

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 1495000
  • unparsedaddress: 883 Payne Avenue
  • postalcity: Saint Paul
  • stateorprovince: MN
  • country: US
  • postalcode: 55130
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.2457
  • lotsizeunits: Acres
  • lotsizearea: 0.2457
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 44.967863
  • longitude: -93.073832
  • listagentfullname: William Schultz
  • listagentemail: william.schultz@kw.com
  • listagentkey: 3yd-RMLSMN-502239675
  • listagentmlsid: 502239675
  • listagentpreferredphone: 6513795252
  • listagentofficephone: 6513795252
  • listofficekey: 3yd-RMLSMN-9705
  • listofficemlsid: 9705
  • disclaimer: 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.
  • sourcesystemid: RMLSMN
  • yearbuilt: 1906
  • listingcontractdate: 2026-03-04
  • listagenturl: http://www.kwwoodbury.com
  • countyorparish: Ramsey-MN
  • parcelnumber: 292922420189
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: Paved or Surfaced
  • waterfrontyn: False
  • franchiseaffiliation: Keller Williams Realty
  • exteriorfeatures: Stucco
  • architecturalstyle: Other
  • rooms: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -93.07383, 44.96786
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Keller Williams Premier Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"frontdesk264@kw.com", "ListBrokerageCity":"Woodbury", "ListBrokerageCountry":"US", "ListBrokerageEmail":"frontdesk264@kw.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/RMLSMN/c5ababc31ed168fd011ed207c9000183/20140814211023935.png", "ListBrokerageName":"Keller Williams Premier Realty", "ListBrokeragePhone":"651-379-5252", "ListBrokeragePostalCode":"55125", "ListBrokerageStateOrProvince":"MN", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"635 Bielenberg Drive Suite 100", "ListBrokerageWebsiteUrl":"http://www.kwwoodbury.com", "ListOfficeAddress1":"635 Bielenberg Drive Suite 100", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Woodbury", "ListOfficeCountry":"US", "ListOfficeEmail":"frontdesk264@kw.com", "ListOfficePostalCode":"55125", "ListOfficeStateOrProvince":"MN", "ListPriceCurrencyType":"USD", "ListingTitle":"Commercial - Saint Paul, MN", "ListingURL":"https://listings.listhub.net/pages/RMLSMN/6808068/?channel=rexren", "MLSModificationTimestamp":"2026-03-07T06:09:39Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":null, "RawPropertyType":"Commercial", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":22870, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 3/7/2026 1:02:18 PM GMT
Source Updated Date: 3/11/2026 7:22:10 AM GMT

Courtesy of: William Schultz, Keller Williams Premier Realty, william.schultz@kw.com

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.