882 Payne Avenue Saint Paul, MN ^$ 915,000

882 Payne Avenue

^$ 915,000

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Recently Listed

882 Payne Avenue

Saint Paul, MN, 55130

^$ 915,000

Studio Baths0.0 Sq 10,875

Monthly Estimate*

^$ 6,081

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Studio

Commercial Property for sale in Saint Paul, MN

for $915,000. This 10,875 square foot building was built in 1886 on a lot size of 0.08.

Beautiful turn of the century mixed use building. Great opportunity for income producing property. Nine residential units on upper floors plus four commercial units on first floor. Very rentable units & location. Check it out for your next investment. Will far exceed the 1% rule. Bring an offer!

Commercial Active

Price

^$ 915,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 16,562

Style

Mixed Use,Low Rise

Lot Size

0.08

Year Built

1886

Town/City

Saint Paul

County/Region

Ramsey

MLS | Web ID

6533121

Features

General

Sewer City Sewer/Connected

Heating Baseboard Forced Air

Utilities Heating Separate

Garage Spaces 0

Construction Materials Brick/Stone

Year Built 1886

Property SubType Mixed Use Low Rise

Tax Year 2023

Current Use Residential Retail

Gross Income 1

Accessibility None

County Ramsey

Net Operating Income 1

Operating Expense 1

Insurance Expense 1

Property Type Commercial Sale

Contingency None

Subdivision Name Chas Weides Sub Of B34 Arling

Directions Phalen Blvd North on Payne Avenue to property which is on the East Side of Payne Ave.

City Saint Paul

Buyer Agent Compensation 1.00

High School District St. Paul

Zoning Description Business/Commercial Residential-Multi-Family

Total Units 13

Street Name Payne

Land Lease Y/N N

Tax Annual Amount 16562

Electric Expense 1

Fuel Expense 1

Trash Expense 1

Water Sewer Expense 1

Additional Parcels Y/N N

Standard Status Active

Lender Owned No

Buyer Agent Compensation Type %

Exterior

Parking Features None

Water Source City Water/Connected

Inclusions Building

Lot Size Area 0.08

Building Area Total 10875

Lot Dimensions 40x127

Lot Size Units Acres

Foundation Area 3625

Interior

Basement (Y/N) N

Street Suffix Avenue

Fuel Electric Natural Gas

Internal Only

Street Number 1 882

* Excluded Features

List By

Re/Max Results

Broker

sam@ts-re.com

Affordability Calculator

$7,462

Per Month

Monthly Principal & Interest: $6,081
Monthly Property Taxes: $1,380
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Saint Paul, MN

Average List Price ^$822,621

Percent of Sale Price 10%

About Saint Paul, MN

306,135 Population

7% Since 2002

^$52,510 Median Income

34.29 Median Age

28% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

709337 Elementary School

708288 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/9/2024	$915,000		Listed Price

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882 Payne Avenue, Saint Paul, MN, 55130 is a Commercial Property for sale at $915,000 with 10,875 sqft and a lot size of 0.08. 882 Payne Avenue is a studio with 0.0 baths and was built in 1886. The property's zip code is 55130 which is in Saint Paul, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 5/28/2024.

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882 Payne Avenue

Commercial Property for sale in Saint Paul, MN

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