For Sale: Saint Paul MLS# 7085772
Active
NEW!
$524,900
Commercial: 2 Stories
Built 1927
0.074 acres
St. Paul schools
MLS# 7085772
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Property Description
Classic brick mixed-use building on highly visible Payne Avenue featuring two commercial storefronts and three apartments above. The residential units include two 1-bedroom apartments and one 2-bedroom, 1-bath apartment. Recent seller improvements include a new water service line, updated electrical service for the front storefront, newer forced-air furnace and water heater, plus a newer boiler and water heater serving the apartments and rear commercial space. Both storefronts feature updated bathrooms and full kitchens with quality cabinetry and appliances. The commercial spaces can be operated separately or combined into one larger business location. The larger storefront also includes access to a clean, dry basement with an additional bathroom, offering excellent storage and potential expansion space. Off-street parking is available behind the building, with abundant street parking nearby. Ideal for investors or owner-occupants seeking a flexible income-producing property.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$524,900
Property Type:
Commercial
City:
Saint Paul
Garage Spaces:
0
County:
Ramsey
Year Built:
1927
State:
MN
Property Style:
2 Stories
Zip Code:
55130
Neighborhood/Area:
98
Subdivision Name:
Denny Hill Add
Interior
Flooring:
Luxury Vinyl Tile, Wood
Refrigerators:
Five
Basement Details:
- Block
- Full
- Storage Space
Exterior
Stories:
Two
Garage Spaces:
0
Foundation Size:
2,400 ft2
Handicap Accessible:
No Stairs Internal
Road Responsibility:
Public Maintained Road
Heating System:
- Boiler
- Forced Air
- Radiant
Parking Features:
Parking Lot
Road Frontage:
- City Street
- Sidewalks
Roof Details:
- Age Over 8 Years
- Flat
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.074
Geolocation:
44.981181, -93.073943
Inclusions:
Building
Lot Dimensions:
29 x 116
Zoning:
Business/Commercial
Lot Description:
- Corner Lot
- Public Transit (w/in 6 blks)
Schools
School District:
625
District Phone:
6517678100
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$9,880
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$9,880
Units
Total Units:
5
Miscellaneous
Current Use:
- Commercial
- Residential
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Separate
- Heating Separate
- Hot Water Separate
Water System:
City Water/Connected
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Grand Realty, LLC.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.