Share this with your friends
+1-651-334-8312
BoardWalk Premier Realty
883 Payne Avenue, Saint Paul, MN 55130
- $1,495,000
- 5
- BD
- 4
- BA
- List Price
- $1,495,000
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.
The most accurate online home estimate
Why should I get my free home value report?
A home value report is a more accurate assessment of your home's current market value.
Boardwalk Premier Realty homes estimator evaluates your homes total package, including,
Location, Condition, and current market conditions.
Find out How much your home worth?
Sell my home fast.
Cash offers.
No obligation property value check.
...get instant property value now!
We can help you get where you want to be fast.
Mortgage Calculator
Listing courtesy of Keller Williams Premier Realty.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota. Real estate listings held by brokerage firms other this firm are marked with the Broker Reciprocity logo. Information Deemed Reliable But Not Guaranteed. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.
Listing data © 2026 Regional Multiple Listing Service of Minnesota. All rights reserved. By searching, you agree to the EULA.