1321 Payne E Avenue, Saint Paul, Minnesota 55130

MN, Saint Paul
$499,900
  • Commercial Sale Property Type
  • 1927 Year Built
  • Active Status
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Kyle Synowczynski
Kyle Synowczynski
  • (612) 688-6065
  • Kyle@StoneArchRealty.com
Property Description

Potential for great cash flow! Classic brick mixed-use building on highly visible Payne Avenue featuring two commercial storefronts and three apartments above. The residential units include two 1-bedroom apartments and one 2-bedroom, 1-bath apartment. Recent seller improvements include a new water service line, updated electrical service for the front storefront, newer forced-air furnace and water heater, plus a newer boiler and water heater serving the apartments and rear commercial space. Both storefronts feature updated bathrooms and full kitchens with quality cabinetry and appliances. The commercial spaces can be operated separately or combined into one larger business location. The larger storefront also includes access to a clean, dry basement with an additional bathroom, offering excellent storage and potential expansion space. Off-street parking is available behind the building, with abundant street parking nearby. Ideal for investors or owner-occupants seeking a flexible income-producing property.

Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: 7085772
  • Price: $499,900
  • Year Built: 1927
  • Listing Status: Active
  • Office Name: Grand Realty, LLC
  • Roof: Flat,Age Over 8 Years
Features
  • Heating System Forced Air,Radiant,Boiler
  • Basement Full,Block,Storage Space
  • Parking Parking Lot
  • Utilities Electric Separate,Heating Separate,Hot Water Separate
  • Exterior Features Brick Veneer
  • Flooring Wood,Luxury Vinyl Tile
  • Sewer City Sewer/Connected
Address Map
  • Country US
  • State MN
  • County Ramsey
  • City Saint Paul
  • Zipcode 55130
  • Street: Payne
  • Street Number: 1321
  • Street Suffix: Avenue
  • Longitude: W94° 55' 33.8''
  • Latitude: N44° 58' 52.3''
  • Directions: Maryland Ave to Payne, North to property
  • Street Dir Suffix: E
Neighborhood
  • High School District: St. Paul
MLS Addon
  • Office Name: Grand Realty, LLC
Additional Information
  • Water Source: City Water/Connected
  • Accessibility Features: No Stairs Internal
  • Building Size: 7200
  • Current Use: Residential,Commercial
  • Foundation Details: Block
  • Levels: Two
  • Lot Features: Corner Lot,Public Transit (w/in 6 blks)
  • Lot Size Dimensions: 29x116
  • Number Of Units Total: 5
  • Possible Use: Office,Professional Service,Rest/Lounge,Restaurant,Retail,Income,Lounge/Bar
Financial
  • Tax Annual Amount: 9880
Listing Information
  • Co List Agent Mls Id: 506020079
  • Co List Office Name: Grand Realty, LLC
  • List Agent Mls Id: 506091245
  • List Office Mls Id: 10327
  • Modification Timestamp: 2026-06-29T14:04:06Z
  • Originating System Name: NorthStar
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