883 Payne AVE, Saint Paul, MN 55130
883 Payne AVE, Saint Paul, MN 55130
883 Payne AVE, Saint Paul, MN 55130
34
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$1,495,000
Est. payment /mo
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5 Beds
4 Baths
10,704 Acres Lot
Active

883 Payne AVE Saint Paul, MN 55130

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Jeremy Moore

Jeremy Moore

+1(651) 895-9324

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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Chas Weides Sub Of B35 Arling

MLS Listing ID 6808068

Bedrooms 5

Year Built 1906

Annual Tax Amount $22,870

Tax Year 2025

Contingent None

Lot Size 10704.000 Acres

Lot Dimensions 75 x 80

Property 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.

Location

State MN

County Ramsey

Zoning Business/Commercial

Interior

Heating Boiler

Inclusions Land

Fireplace No

Exterior

Parking Features Paved Lot

Utilities Available None Available

Present Use Commercial,Residential,Restaurant

Building

Story Two

Foundation 5460

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Two

New Construction false

Schools

School District St. Paul

Listed by William Schultz • Keller Williams Premier Realty
Nearby Locations
Jeremy Moore

"Buying a home is one of the biggest decisions you’ll make. You deserve to be in the driver’s seat with someone in your corner who tells it to you straight. My job is to make the process clear, cut through the noise, and make sure you understand the full picture every step of the way. "

+1(651) 895-9324

hello@jeremymoore.homes

Sleepy Eye, MN 56085, USA

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883 Payne AVE