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Active
$529,000
/mo Edit
Commercial:  2 Stories
Built 1913
0.091 acres
St. Paul schools
MLS# 7109003
My rating:
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    Property Description

    Well-positioned commercial investment opportunity featuring prominent corner visibility along the Payne Avenue corridor with excellent storefront presence and signage exposure. The versatile layout accommodates a variety of retail, office, and service-oriented uses, offering flexibility for owner-users or investors. Situated within an Opportunity Zone and surrounded by a dense residential base, the property is ideally positioned to benefit from continued neighborhood investment and redevelopment. Immediate occupancy allows for a seamless owner-user transition or value-add leasing strategy. Offered at an attractive basis, this property presents exceptional upside potential.

    Listing

    Contingency: None
    City: Saint Paul
    County: Ramsey
    State: MN
    Property Style: 2 Stories
    Zip Code: 55130
    Neighborhood/Area: 98
    Subdivision Name: Chas Weides Sub Of B35 Arling

    Interior

    Basement Details:
    • Full
    • Unfinished

    Exterior

    Stories: Two
    Garage Spaces: 0
    Air Conditioning: Central Air
    Foundation Size: 3,500 ft2
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features:
    • Attached Garage
    • Driveway - Other Surface
    Unit Amenities: Dock
    Road Frontage: City Street
    Roof Details: Flat

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.091
    Geolocation: 44.967693, -93.073832
    Inclusions: Building
    Lot Dimensions: 49 x 79 x 50 x 79
    Zoning: Business/Commercial

    Schools

    School District: 625
    District Phone: 6517678100

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $132
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $132

    Units

    Total Units: 1

    Miscellaneous

    Current Use: Church
    Fuel System: Natural Gas
    Owner Occupied: Yes
    Sewer System: City Sewer/Connected
    Available Utilities: Electric Common
    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!

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    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.