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Brian Leneweaver

brian@brianleneweaver.homes +1(612) 208-3859

$ 365,000

Est. payment -/mo

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977 Payne AVE Saint Paul, MN 55130

1,306 Sqft Lot

UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision J R Weide Re L28-30B15 L1-2B16

MLS Listing ID 6806866

Year Built 1884

Annual Tax Amount $9,640

Tax Year 2025

Contingent None

Lot Size 1,306 Sqft

Acres 0.03

Lot Dimensions 49 X 25

Property Description

Exceptional mixed-use investment opportunity along the rapidly redeveloping Payne-Phalen corridor. This property stands out among others on Payne Avenue for its expandable upper-level space and strong value-add potential. The building currently includes well-maintained commercial space on the main level and an upper level that offers an incredible opportunity to build out additional office suites or even convert into a residential unit. The third-floor space already has existing plumbing and electrical infrastructure, making future construction more efficient and cost-effective.
Investors and owner-operators have multiple paths to create value here, either by renovating and renting the existing upper-level offices, or by reconfiguring the layout to add two to three new office spaces. For those with a creative vision, the upper level could also be converted into a spacious apartment or mixed live-work setup. Whichever route is chosen, 977 Payne Ave offers significant upside and flexibility to tailor the property to maximize income and appreciation.
Located in one of Saint Paul's most energetic redevelopment corridors, this property benefits from proximity to major area investments, including the Hamm's Brewery redevelopment, which will bring new housing, retail, and community gathering spaces, and the Latino Economic Development Center's multi-million-dollar revitalization project, featuring a large event center, commercial kitchen, restaurants, and retail spaces. These transformative projects are driving renewed economic energy, consumer traffic, and property value growth along Payne Avenue.
Positioned in the heart of this momentum, 977 Payne Ave offers an unbeatable opportunity to acquire a flexible, income-producing property with built-in expansion potential in a neighborhood on the rise.

Location

State MN

County Ramsey

Zoning Business/Commercial

Interior

Heating Forced Air

Inclusions Building, Fixture/Equipment, Leases, Rental License

Fireplace No

Exterior

Parking Features On-Street Parking Only

Utilities Available Electric Separate, Heating Common, Hot Water Common

Roof Type Age 8 Years or Less,Asphalt,Rolled/Hot Mop

Present Use Commercial,Office,Other

Building

Story Three Or More

Foundation 1225

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Three Or More

Structure Type Brick/Stone

Schools

School District St. Paul

Listed by William Schultz • Keller Williams Premier Realty

SCHOOLSPROPERTIES

Elementary Schools 20

6

L'Etoile du Nord French Immersion School - Upper

Public | 2 - 5
4

Community School of Excellence

Public | KG - 8
4

Community of Peace Academy

Public | KG - 8
4

Edgerton Elementary

Public | PK - 6
4

Phalen Lake Hmong Studies Magnet

Public | PK - 5
4

Weaver Elementary School

Public | KG - 5
3

Saint Paul Music Academy

Public | PK - 5
3

Hope Community Academy

Public | KG - 8
3

Farnsworth Aerospace - Lower

Public | PK - 4
3

Life Preparatory

Public | KG - 8
3

Cornerstone Montessori Elementary School

Public | KG - 6
2

Bridge View Special Education

Public | KG - 12
2

Creative Alternatives Program

Public | 5 - 12
2

West Side Summit Charter School

Public | KG - 8
2

Bruce Vento Elementary School

Public | PK - 5
2

Farnsworth Aerospace - Upper

Public | 5 - 8
1

Jackson Elementary

Public | PK - 5
1

St. Paul City Primary School

Public | KG - 5
1

Paul & Sheila Wellstone Elementary

Public | PK - 5
1

Alp @ Capitol View Center

Public | 5 - 12

Middle Schools 15

6

Twin Cities Academy

Public | 6 - 8
5

Open World Learning

Public | 6 - 12
4

Roseville Area Middle School

Public | 7 - 8
4

John Glenn Middle School

Public | 6 - 8
3

St. Paul City Middle School

Public | 6 - 8
3

Creative Arts Secondary School

Public | 6 - 12
2

Journeys Secondary School

Public | 7 - 12
2

Washington Technology Magnet School

Public | 6 - 12
1

Virtual High School

Public | 6 - 12
1

Humboldt Secondary School

Public | 6 - 12
1

Parkway Middle School - Montessori

Public | 6 - 8
0

Area Learning Center on Track

Public | 6 - 8
0

United Hospital Adolescent Program

Public | 6 - 12
0

Middle School Area Learning Center

Public | 7 - 8
0

Guadalupe Alternative Programs

Public | 7 - 12

High Schools 12

7

St Paul Conservatory Performing Art

Public | 9 - 12
6

Twin Cities Academy High School

Public | 9 - 12
3

Face to Face Academy

Public | 9 - 12
2

Harding Senior High School

Public | 9 - 12
1

Rivers Edge Academy

Public | 9 - 12
1

Community of Peace Academy Secondary School

Public | 9 - 12
1

City Academy

Public | 10 - 12
1

Johnson Senior High School

Public | 9 - 12
0

East View Academy

Public | 9 - 12
0

Wels South

Public | 10 - 12
0

Area Learning Center Creative Arts School

Public | 9 - 12
0

St Paul Preparatory School

Private | 9 - 12

School and business data provided by Attom Data.

Brian Leneweaver

Agent | License ID: 40693934-MN | 94076-WI

+1(612) 208-3859

Brian Leneweaver

977 Payne AVE Saint Paul, MN 55130

Key Details

Location

Interior

Exterior

Building

Schools

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977 Payne AVE