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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 
Taxes $22,870
Days Active 60
Lot Size 
Approx. Age 1906
MLS® Number 6808068

Property Address: 883 Payne Ave, Saint Paul, MN, 55130-4101

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
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1906
Basement
DrivewayPaved Lot
Garage Spaces
Heat
A/C
Heating Fuel

Extras

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 Ave, Saint Paul, MN

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