Date
Details
Price
Change
Source
6/02/2026
Listed
$524,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/77
$524,900
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Property Description
Classic brick mixed-use building on highly visible Payne Avenue featuring two commercial storefronts and three apartments above. The residential units include two 1-bedroom apartments and one 2-bedroom, 1-bath apartment. Recent seller improvements include a new water service line, updated electrical service for the front storefront, newer forced-air furnace and water heater, plus a newer boiler and water heater serving the apartments and rear commercial space. Both storefronts feature updated bathrooms and full kitchens with quality cabinetry and appliances. The commercial spaces can be operated separately or combined into one larger business location. The larger storefront also includes access to a clean, dry basement with an additional bathroom, offering excellent storage and potential expansion space. Off-street parking is available behind the building, with abundant street parking nearby. Ideal for investors or owner-occupants seeking a flexible income-producing property.
Full Property Details
Full Property Details for 1321 Payne Ave E
General
- Price: $524,900
- Taxes: $9,880 (2025)
- Status: Active
- Type: Commercial
- Source: NorthStarMLS_RMLS
- MLS ID: 7085772
- Updated: 6/3/2026
- Added to Site: 13 day(s) ago
Interior
- Flooring: Luxury Vinyl Tile, Wood
Parking
- Parking Features: Parking Lot
Location
- County: Ramsey
- Township: Saint Paul
- Subdivision: Denny Hill Add
- Neighborhood: 98
- Driving Directions: Maryland Ave to Payne, North to property
School Information
- School District: 625 - St. Paul
- High School District: St. Paul
Heating & Cooling
- Heating Type: Boiler, Forced Air, Radiant
- Heating Fuel: Natural Gas
Utilities
- Sewer: City Sewer Connected
- Water: City Water (Connected)
- Utility Description: Electric Separate, Heating Separate, Hot Water Separate
Structural Information
- Basement: Yes
- Basement Desc.: Block, Full, Storage Space
- Foundation Size: 2400
- Roof: Age Over 8 Years, Flat
- Disability Access: No Stairs Internal
- Square Feet: 7,200
- Finished Down/Base.: 7,200 Sq. Ft.
- Current Bldg. Use: Commercial, Residential
- Year Built: 1927
Unit Information
- Units w/Refrigerators: 5
Lot Features
- Lot Size (Acres): 0.074
- Lot Dimensions: 29 x 116
- Frontage: City Street, Sidewalks
- Potential Use: Office, Professional Service, Rest/Lounge, Restaurant, Retail, Income, Lounge/Bar
- Zoning: Business/Commercial
- Lot Description: Public Transit (w/in 6 blks), Corner Lot
Financial Considerations
- Tax Amount: $9,880
- Tax Year: 2025
- Terms: Conventional, Cash
Disclosures and Reports
- Legal Description: DENNY HILL ADDITION LOT 9 BLK 4
- Inclusions: Building
- Property ID: 202922420122
Listed by Grand Realty, LLC
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— 1321 Payne Ave E —
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NMLS#: 1598647
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Schools
Schools serving 1321 Payne Ave E
School District:St. Paul Public School District
| Name | Grades | Distance |
|---|---|---|
John A.Johnson Achievement Plus Elementary School 740 York Avenue, Saint Paul, MN 55106 | PK-5 | 0.9 mi |
Washington Tech Secondary Magnet 1495 Rice Street, Saint Paul, MN 55117 | 6-12 | 1.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1321 Payne Ave E
Estimate the Cost
Estimate the Cost for 1321 Payne Ave E
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Sold by Real Broker, LLC
1321 Payne Avenue E, Saint Paul, MN 55130 (MLS# 7085772) is a Commercial property. 1321 Payne Avenue E is currently listed for $524,900 and was received on June 02, 2026. Want to learn more about 1321 Payne Avenue E? Do you have questions about finding other Commercial real estate for sale in Saint Paul? You can browse all Saint Paul real estate or contact a Coldwell Banker agent to request more information.