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Listed price in listed location currency (USD).
$1,495,000

540

MLS® 6808068

  • Key Facts
  • Description
  • Map

Key Facts

Type Business
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes $22,870
Days Active 0
Approx. Age 1906
MLS® Number 6808068

Property Address: 883 Payne Avenue, Saint Paul, MN, 55130

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number6808068
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1906
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Land

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 4, 2026List Date
$1,495,000List Price
  • Commute

Commute

Starting Address
Destination Address
883 Payne Avenue, Saint Paul, MN

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