USAMNSaint PaulHolterhoff & Meads Add1132 Payne Ave

1132 Payne Ave, Saint Paul, MN

Name: 1132 Payne Ave, For Sale in Saint Paul - Zoocasa
Brand: Keller Williams Premier Realty
SKU: 6806880
Price: 275000 USD

House

For Sale

Listed price in listed location currency (USD).

$275,000

220

MLS® 6806880

Overview

Key Facts

Type Business

Levels Commercial Sale

Size -

Garage

Taxes $5,986

Days Active 183

Lot Size

Approx. Age 1900

MLS® Number 6806880

Property Address: 1132 Payne Ave, Saint Paul, MN, 55130-3722

Average square foot calculated using Size range provided by listing agent.

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.

MLS® Number6806880

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1900

Basement

DrivewayGravel, On-Street Parking Only

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Nov 11, 2025List Date

$275,000List Price

Home Estimate Zoopraisal®

This property is estimated to sell between: $217,000 and $304,000.

Similar properties in this area sold on average for: $217,919

Expected to sell very soon! Similar properties sold in 33 days. This home has been on Zoocasa for 183 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

Map

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