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$1,495,000
127 Days On Site
883 Payne AvenueSaint Paul, MN55130
For Sale|Commercial Sale|Active
5
Beds
4
Total Baths
12,156
SqFt
$123
/SqFt
1906
Built
Subdivision:
Chas Weides Sub Of B35 Arling
County:
Ramsey
Listing courtesy of Keller Williams Premier Realty
Call Now: 612.729.7130
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612.729.7130
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Monthly Payment (Est.)
$6,821Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.
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.
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Listing Snapshot
Price
$1,495,000
Days On Site
127 Days
Bedrooms
5
Inside Area (SqFt)
12,156 sqft
Total Baths
4
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.2457 Acres
Year Built
1906
MLS® Number
6808068
Status
Active
Property Tax
$22,870
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| a month ago | Listing updated with changes from the MLS® | |
| 2 months ago | Status changed to Active | |
| 4 months ago | Listing first seen on site |
General Features
Additional Property Use
CommercialResidential
Foundation
Block
Land Lease
No
Levels
Two
Number Of Stories
2
Sewer
Public Sewer
SqFt Total
12156
Utilities
None
Water Source
Public
Zoning
Business/Commercial
Interior Features
Heating
Natural Gas
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Exterior Features
Construction Details
Stucco
Community Features
School District
625 - St. Paul
Township
Saint Paul
Schools
School District
625 - St. Paul
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Keller Williams Premier Realty
Listing information is provided by Participants of the Northstar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Northstar MLS.
Last checked: 2026-07-09 05:02 PM UTC
Listing information is provided by Participants of the Northstar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Northstar MLS.
Last checked: 2026-07-09 05:02 PM UTC
Neighborhood & Commute
Source: Walkscore
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