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29957403
29957404

747 Payne Ave, Saint Paul, MN 55130

JS
MN, 40699119
Commercial Equities Group Inc
Commercial Equities Group Inc
Listed by Commercial Equities Group Inc
$1,441,000
100 days on market
Updated 23 days ago
Opportunity zone

Payne Industrial Commercial

Details
APN 29-29-22-43-0091
Property Type Industrial, Retail
Sub Type Convenience Store, Restaurant (+1)
Square Footage 8,333
Net Rentable (SqFt) 7,340
Units 1
Price per SqFt $173
Year Built 1800s
Year Renovated 2026
Buildings 1
Stories 2
Acreage 0.180
Zoning X
Loading Docks 1

Rare standalone industrial commercial building on busy thoroughfare

Marketing description

Standalone cinder block and brick industrial commercial building (hard to find in the city) with off-street parking. Recent updates include lighting, HVAC, roofing, windows, and interior and exterior paint.

• Parking: 4 asphalt spots, 2-3 on grass, plus street

• Fenced in back area could be more parking

• LED lighting and steel entry doors

• HVAC updated 2024; new roofing to be completed 2026

• New windows October 2023 and February 2026

• Built in the 1800s on 0.1787 acres

Space Information

Space 1: Heated

• White EPDM membrane roof adhered 2026 (barrel roof)

• 11’ clear to bottom of truss; 17’ to roof deck

• 9’3”x9’9” drive-in

• Restroom

• 3 phase power

Space 2: Non-heated

• New shingle roof (to be completed 2026)

• 9’3”x10’.1” loading dock; 12’ clear

• 220 amp with back up generator

Space 3: Non-heated

• Access ramp and storage area

Space 4: Heated

• HVAC location; updated in 2024

• Utility sink and restroom

Investment highlights

Excellent logistical location and prime corner lot! Easy access to I-94, I-35E, and downtown St. Paul. Approved for industrial, retail, service, contractors, and more.

• Phase 1 Environmental Assessment completed with no action needed

• Zoned industrial commercial (general retail, restaurant, grocery, service, light industrial, wellness center, health/sports club, storage, etc.)

• Limited Production and Processing (<15,000’ of cannabis product manufacturing/cultivation)

• Across from the St. Paul Police Department, Eastern District Station on bustling corridor

Listing Contacts

JS
MN, 40699119
Commercial Equities Group Inc
Commercial Equities Group Inc
Listed by Commercial Equities Group Inc

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