Listed By
Agency Name: Keller Williams Premier Realty
Agency Phone: 651-379-5252
Shown By
Agency Title: Counselor Realty
Agency Phone:
Property Description
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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883 Payne Avenue, Saint Paul, MN 55130
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883 Payne Avenue, Saint Paul, MN 55130
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883 Payne Avenue, Saint Paul, MN 55130.
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883 Payne Avenue | MLS# 6808068
This commercial property located at 883 Payne Avenue, Saint Paul, MN 55130 is currently listed for sale with an asking price of $1,495,000. Payne Avenue is located within the St. Paul school district. Search Saint Paul real estate on www.counselorrealty.com today.