List Price: $400,000

After spending decades as the home to St. Paul Floral, this 3-story, 2-unit, mixed-use property on the prominent corner of Payne and Case is looking for a new owner-occupant to bring forth a creative vision worthy of this historic building and vibrant neighborhood. Built in 1886, this Victorian style property is one of the most architecturally distinctive buildings on the corridor with its Mansard roof and gabled dormers.

Location

  • Address: 960 Payne Ave
  • City, State, Zip: St Paul, MN 55130
  • Neighborhood: Payne-Phalen
  • PID: 292922420015

Property Overview

  • Building Type: Mixed-Use
  • Zoning: B2 (Community Business District)
  • Opportunity Zone: Yes (Phalen Corridor)
  • Year Built: 1886
  • Construction: Brick & wood joist
  • Number of Units: 2
  • Land Size: 5,207 SF
  • Building Size: 2,910 SF + Garage

Property Details

  • Parking: Attached Garage (500 SF)
  • Heat: Boiler
  • Air Conditioning: None/Window Units
  • Electricity: Separate circuit breaker panels & meters
  • Water: City / Connected
  • Sewer: City / Connected
  • Sprinklers: None
  • Life Safety Systems: None
Downloadable Property Flyer

Unit Information

Unit One

  • Floor(s): First
  • Use Type: Retail/Office
  • Unit Size: 1,370 SF
  • Occupancy: Vacant
  • Rent: Est. $2,000+/month
  •  

Unit Two

  • Floor(s): Second & Third
  • Use Type: Residential
  • Unit Size: 1,540 SF
  • Bed/Bath: 4/1
  • Occupancy: Occupied (month-to-month)
  • Rent: $1,465/month
  •  

Supplemental Docs

(available upon request)

  • Phase I & Phase II Environmental Site Assessment (ESA)
  • ALTA Survey
  • Physical Needs Assessment + Schedule

Additional Information

This property is being sold as part of Land Bank Twin Cities’ East Side Community Ownership Initiative. 

For more information or to schedule a tour, contact: