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883 Payne Ave, Saint Paul, MN 55130
883 Payne Ave, Saint Paul, MN 55130
883 Payne Ave, Saint Paul, MN 55130
883 Payne Ave, Saint Paul, MN 55130
883 Payne Ave, Saint Paul, MN 55130
883 Payne Ave, Saint Paul, MN 55130
883 Payne Ave, Saint Paul, MN 55130

883 Payne Ave Saint Paul, MN 55130

$1,495,000

ACTIVE
Beds
5
Baths
4
Sqft
Acres
0.25
Year
1906
Days on Site
5 Days
Property Type
Commercial Sale
Sub Type
Per Square Foot
$1,495,000
Date Listed
Mar 4, 2026

Description of 883 Payne Ave, Saint Paul, MN 55130

Listing details for 883 Payne Ave, Saint Paul, MN 55130 : 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.
Listing Updated : 08-11-2026 at 4:50 AM CDT
Source

NorthstarMLS as distributed by MLS GRID, MLS#: NST6808068

For more information on this listing contact us at 612-712-1154

Property History

DateEventPrice
3/4/2026
Listed for sale
$1,495,000
Source:NorthstarMLS #NST6808068
Home Worth Check

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For more information on this listing contact us at 612-712-1154

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Based on information submitted to the MLS GRID as of 2026-08-11. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. By searching NorthstarMLS listings you agree to the NorthstarMLS End User License Agreement
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For more information on this listing contact us at 612-712-1154