Listed By
Agency Name: Keller Williams Premier Realty
Agency Phone: 651-379-5252
Shown By
Agent Name: Jeanne Hauser, Broker/Agent
Agent Phone: (651) 269-2987
Agency Title: Counselor Realty
Property Description
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.
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1132 Payne Avenue, Saint Paul, MN 55130
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1132 Payne Avenue, Saint Paul, MN 55130
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Agency License Information: Counselor Realty, Inc. is licensed in Minnesota and Wisconsin; Counselor Realty, Inc. of Alexandria is licensed in Minnesota; Counselor Realty Detroit Lakes, LLC is licensed in Minnesota; Counselor Realty of Rochester is licensed in Minnesota; Counselor Realty of Victoria, LLC is licensed in Minnesota; Counselor Realty of Brainerd is licensed in Minnesota.
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1132 Payne Avenue | MLS# 6806880
This commercial property located at 1132 Payne Avenue, Saint Paul, MN 55130 is currently listed for sale with an asking price of $290,000. Payne Avenue is located within the St. Paul school district. Search Saint Paul real estate on jhauser.counselorrealty.com today.