1132 PAYNE AVENUE
1132 Payne Avenue, Saint Paul, 55130, MN
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Price: $290,000
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Status type: For Sale
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City: Saint Paul
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Neighborhood: Payne-Phalen
Bedrooms: 0
Property Size :0
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Listing Agent: NST16765,NST507321
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Property type : Commercial Sale
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Zip code: 55130
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Street: 1132 Payne Avenue
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Street: 1132 Payne Avenue
Bathrooms: N/A
Year: 1900
Listing Brokerage: Keller Williams Premier Realty
DETAILS
Exceptional value-add investment opportunity in the heart of Saint Paul’s rapidly revitalizing Payne-Phalen corridor. This three-unit mixed-use commercial property offers strong potential for investors or owner-operators looking to unlock value through upgrades and rent increases. All three units are currently functional but would benefit from modernization, allowing for substantial cash flow growth and appreciation. The property’s prime location on Payne Avenue positions it perfectly to benefit from the area’s ongoing transformation. The Payne Avenue corridor is home to some of Saint Paul’s most ambitious redevelopment efforts. The Hamm’s Brewery redevelopment is set to bring new housing, retail, and community spaces to the area, while the Latino Economic Development Center’s multi-million-dollar renovation will introduce a new event center, commercial kitchen, restaurants, and retail destinations, further energizing this historic commercial strip. As investment pours into the neighborhood, properties like this one stand to gain from increased visibility, higher tenant demand, and future appreciation. Whether you’re an investor seeking a solid long-term hold or an owner-operator looking to establish a business in a high-growth area, 1132 Payne Ave represents a rare opportunity to invest ahead of the curve. With the right vision and updates, this property can deliver impressive returns and become part of the East Side’s next wave of revitalization. Buyer agent to confirm all measurements.
INTERIOR
Bedrooms: N/A
Fin ft² / Living Area: N/A
Below Ground Living: N/A
Bathrooms: N/A
Above Ground Living: N/A
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Basement Details: ,
Appliances Included:
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EXTERIOR
Air Conditioning: N/A
Garage Spaces: N/A
Construction Materials: N/A
Foundation Size: 2280ft²
Unit Amenities:
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Heating System:
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- Forced Air
LOT
Acres: N/A
Lot Size Dim.: 24 X 95
Longitude: 44.9753
Latitude: -93.0732
Zoning: Business/Commercial
FINANCIAL & TAXES
Tax year: 2025
Tax annual amount: $5,986
MISCELLANEOUS
Fuel System: N/A
Sewer System: City Sewer/Connected
Water System: City Water/Connected
ADDITIONAL INFORMATION
MLS#: NST7818012
Listing Brokerage: Keller Williams Premier Realty
ID: 4289777
Published: November 11, 2025
Last Update: November 11, 2025
Views: 2
