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$275,000
2 Beds 2 Baths 6806880 MLS
Exceptional value-add investment opportunity in the heart of Saint Paul’s rapidly revitalizing Payne-Phalen corridor. This three-unit mixed-use commercial property offers strong potential for investors or owner-operators looking to unlock value through upgrades and rent increases. All three units are currently functional but would benefit from modernization, allowing for substantial cash flow growth and appreciation. The property’s prime location on Payne Avenue positions it perfectly to benefit from the area’s ongoing transformation. The Payne Avenue corridor is home to some of Saint Paul’s most ambitious redevelopment efforts. The Hamm’s Brewery redevelopment is set to bring new housing, retail, and community spaces to the area, while the Latino Economic Development Center’s multi-million-dollar renovation will introduce a new event center, commercial kitchen, restaurants, and retail destinations, further energizing this historic commercial strip. As investment pours into the neighborhood, properties like this one stand to gain from increased visibility, higher tenant demand, and future appreciation. Whether you’re an investor seeking a solid long-term hold or an owner-operator looking to establish a business in a high-growth area, 1132 Payne Ave represents a rare opportunity to invest ahead of the curve. With the right vision and updates, this property can deliver impressive returns and become part of the East Side’s next wave of revitalization. Buyer agent to confirm all measurements.

1132 Payne Avenue, Saint Paul

Listing courtesy of Keller Williams Premier Realty.

$400,000
4 Baths 6806885 MLS
Outstanding mixed-use investment opportunity located in the heart of the rapidly growing Payne-Phalen corridor. This 4-unit property features one expansive commercial space (that has been rented as separate spaces in the past) and 2 large residential units, offering multiple income streams and strong value-add potential. The main-level commercial space spans approximately 1,510 square feet with an additional 1,500 square feet of finished basement space, perfect for storage or conversion into additional leasable areas. The commercial unit could rent for as much as $3,000 per month, or be subdivided into multiple smaller spaces to maximize returns. Upstairs, the 2 residential units are spacious and feature tall ceilings and flexible layouts, providing ideal conditions for interior upgrades that could command higher market rents. With thoughtful improvements, this property has the potential to generate excellent cash flow and appreciation in a district primed for growth. The Payne Avenue corridor is undergoing one of Saint Paul’s most significant redevelopment pushes, anchored by the Hamm’s Brewery revitalization project and the Latino Economic Development Center’s multi-million-dollar renovation, which will introduce a new event center, commercial kitchen, restaurants, and retail destinations to the area. These transformative projects are driving new investment, foot traffic, and business activity along Payne Avenue, making this the perfect time to acquire a property in this emerging commercial hub. Positioned to benefit from the East Side’s resurgence, 985 Payne Ave offers investors and owner-operators alike the opportunity to participate in the neighborhood’s exciting next chapter while building long-term equity through strategic upgrades and rental optimization. Buyer agents to verify all measurements.

985 Payne Avenue, Saint Paul

Listing courtesy of Keller Williams Premier Realty.

$320,000
4 Baths 6806866 MLS
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.

977 Payne Avenue, Saint Paul

Listing courtesy of Keller Williams Premier Realty.

$1,000,000
8 Beds 8 Baths 6808041 MLS
Located in the heart of Saint Paul’s rapidly evolving East Side, 365 Earl Street offers investors a rare mixed-use opportunity in an area poised for significant growth. This property includes 9 total units, 4 commercial and 5 residential, providing both strong income diversity and the security of multiple revenue streams. The commercial spaces are currently occupied by a long-standing convenience store, a tattoo shop, and an Alcoholics Anonymous center, all of which serve the surrounding neighborhood and bring consistent foot traffic to the building. The 5 residential units include three 2-bedroom apartments, one 3-bedroom apartment, and one studio, appealing to a wide range of tenants and offering steady residential demand. This property sits directly along the new Gold Line rapid transit route, connecting the East Side to downtown Saint Paul and beyond. As the Gold Line begins service, the area surrounding Earl Street and Hudson Road is already experiencing early signs of revitalization, with new commercial investment, residential redevelopment, and infrastructure improvements signaling a long-term upward trajectory for property values. The City of Saint Paul and the Downtown Alliance have also announced plans to convert downtown office buildings into 20,000–30,000 new residential units, a shift that will dramatically increase the demand for convenient, transit-connected neighborhoods like this one. For investors, 365 Earl Street represents a solid income-producing asset today and a strategic position for future appreciation tomorrow. The mix of commercial and residential tenants offers balanced returns, while the property’s location along the Gold Line corridor places it squarely within one of the city’s most promising development zones. This building may be purchased individually or as part of a package deal with 1051 Hudson Road, located immediately next door, creating a combined offering ideal for a portfolio-minded buyer seeking scale, stability, and long-term upside. Buyer agent to verify all measurements. Pre-approved and vetted buyers only!

365 Earl Street, Saint Paul

Listing courtesy of Keller Williams Premier Realty.

$350,000
2 Beds 3 Baths 6808082 MLS
This mixed-use property features one retail or office space and two residential units, offering both immediate cash flow and long-term upside. The commercial unit spans approximately 1,200 square feet and is ideal for retail, office, or service-based businesses, with a projected market rent of up to $1,300 per month. The residential units include a spacious two-bedroom, one-bath apartment and a well-designed studio apartment, projected to rent for $1,300 and $850 per month respectively. Together, the property produces a potential gross monthly income of $3,450 and an annual gross of $41,400, making it an attractive income-producing investment based on the income approach. Positioned directly on the light rail line and along the newly constructed Gold Line rapid transit corridor, this property stands at the intersection of accessibility and future growth. The Saint Paul Downtown Alliance and the City of Saint Paul have launched an ambitious initiative to repurpose downtown office buildings into 20,000 to 30,000 new residential units. This plan is expected to drive increased ridership, local business activity, and urban revitalization, creating a ripple effect that will make properties along the Gold Line even more valuable in the years to come. Beyond its strong fundamentals, the property’s flexibility adds a unique layer of opportunity. The commercial space could be leased traditionally or adapted for specialized use, while the residential units could also serve as short-term or mid-term rentals catering to business travelers and transit users. Investors seeking additional scale have the option to acquire the adjoining property at 365 Earl Street for a package sale, further enhancing income potential and property value. In short, this mixed-use building offers more than stable returns; it provides a foothold in one of Saint Paul’s most strategically positioned transit corridors. With reliable cash flow today and significant appreciation potential tied to the city’s long-term development plan, this property represents both solid investment performance and promising future upside. Buyer agent to verify all measurements.

1051 Hudson Road, Saint Paul

Listing courtesy of Keller Williams Premier Realty.

$310,000
2 Beds 1 Baths 6812212 MLS
Instant equity opportunity!! Appraised at $372,500. Now listed at $310,000 with motivated sellers. This remarkable historic loft presents a rare chance to own a truly unique property below its recent appraised value. Originally serving as the personal office of railroad magnate James J. Hill, this one-of-a-kind residence blends historic character with modern comfort. Soaring barrel-arched ceilings, stunning 7-foot windows, and abundant natural light create an impressive living space that feels both grand and inviting. Recent updates include professionally installed luxury vinyl plank flooring in both bedrooms and the closet, along with fresh paint throughout. In-unit laundry adds everyday convenience. Beyond the unit itself, Great Northern Lofts offers a welcoming community and exceptional amenities. Residents enjoy monthly movie nights, an active book club, popular biannual loft crawls, a fitness center with treadmills, ellipticals, free weights, benches, and a squat rack, plus a beautifully maintained community room that can be reserved online at no cost. HOA dues include water, internet, on-site management, and strong association reserves. Up to two pets are permitted. Storage and parking are unusually generous for downtown living. Included with the unit are a large private storage room (#6) and two deeded side-by-side garage stalls located on the first floor of the detached parking garage across the street. The location places some of Saint Paul's best attractions just steps away. Enjoy views of the European Christmas Market from the living room windows during the holiday season, or walk to the Saint Paul Farmers' Market, CHS Field, restaurants, parks, and downtown entertainment. A rare combination of history, character, community, convenience, and value in one of Saint Paul's most iconic buildings. Agent related to seller. Buyer to verify all facts and figures.

300 Wall Street Unit 203, Saint Paul

Listing courtesy of eXp Realty.

$875,000
6806026 MLS
Prime stand-alone commercial building on high visibility corner right off one of the busiest intersections in Saint Paul. Located within walking distance to the Selby and Snelling Avenue intersection with Whole Foods, The Vintage apartments, and all the wonderful shops and restaurants. Versatile and spacious ~9,798 SF building on a 0.42-acre corner lot with multiple potential business or residential uses with various zoning possibilities. The building is located conveniently close to major highways, just 0.7 miles from I-94 and 1.4 miles from I-35E . It is also directly off Ayd Mill Road with approximately 13,000 to 27,500 vehicles per day. This offers an exceptional exposure for a range of business uses. The property has various zoning possibilities as it currently has a I1 Light Industrial (current grandfathered use (non-conforming) perfect for light manufacturing or specialty business. It resides in both the B2 Community Business district ideal for commercial offices, retail, or mixed-use development as well as R4 residential offering residential development potential or mixed-use combinations. The R4 section of the property on the south side is currently used as a parking lot and green space. The building features ceiling heights ranging from 9’3” to 13’9” to accommodate various business uses. There is also a 3-phase electrical system supporting diverse operational needs, fire alarm system, security system, four hanging furnaces. In addition, the building has billboard income as an additional revenue source. The building had Phase I and Phase II environmentals completed in 2022 &2023. Whether you're seeking a property for light industrial use, mixed commercial-residential opportunities, retail space, or specialized offices, this building offers the infrastructure, flexibility, and location to suit a wide range of business needs. Explore the potential of this strategically positioned building with adaptable space in a vibrant community with exceptional accessibility and exposure.

170 Pascal Street N, Saint Paul

Listing courtesy of RE/MAX Results.

$699,000
3 Beds 3 Baths 6757703 MLS
Experience unparalleled luxury and exclusivity with this first-ever fully renovated double unit on the bluff side of River Ridge, showcasing sweeping, unobstructed views of downtown Saint Paul Skyline! This expansive residence combines the footprint of two units into one sophisticated home, offering unmatched space, style, and comfort. Featuring a spacious open-concept layout, multiple living and entertaining areas, and walls of glass framing the skyline, every detail has been carefully curated for modern elegance. The sleek kitchen with premium stainless appliances flows seamlessly into generous dining and living spaces, while the private owner’s suite and additional bedrooms provide serene retreats. As the first of its kind on the view side to ever hit the MLS, this rare offering sets a new standard for River Ridge living. Every inch has been thoughtfully reimagined, blending contemporary design with timeless comfort. River Ridge itself has just completed an extensive top-to-bottom renovation: a new roof, boiler, refreshed pool area, redesigned lobby, and upgraded party room, all with the special assessment already paid by the seller. Pair that with heated underground parking, beautiful community gardens, and year-round amenities, and you have a lifestyle that is second to none. Don’t miss this once-in-a-lifetime opportunity to own a truly remarkable residence in one of Saint Paul’s most sought-after buildings. Schedule your private showing today!

334 Cherokee Avenue Unit 108, Saint Paul

Listing courtesy of RE/MAX Results.

$190,000
1 Baths 6789952 MLS
Loft Living in Downtown Saint Paul | The Rossmor Where can you buy a 951 sq ft downtown Saint Paul loft with 12-foot ceilings, exposed brick, and southwest city views for $195,000? Right here. Unit #608 at The Rossmor — a landmark 1916 building at 500 Robert Street N — delivers industrial character, smart layout, and genuine walkability at a price point that's increasingly rare in the Twin Cities urban core. The loft features soaring 12-foot ceilings, exposed brick walls, polished concrete floors, and dramatic 8-foot southwest-facing windows that capture open sky views and evening sunsets. The built-out lofted sleeping area includes hidden storage. The open kitchen flows into a spacious living zone — functional for remote work, entertaining, or both. Building: Pet-friendly, free laundry on every floor, shared outdoor patio with grill.Contract parking available behind the building or in nearby ramps. Location: Pedro Park is directly across the street. A new ALDI is coming to the former Lunds & Byerlys space on West 7th — bringing walkable grocery access back to downtown. The Saint Paul Farmers Market, Mears Park, Rice Park, CHS Field, breweries, restaurants, and light rail are all within walking distance. The Capitol Ecosystem of state and local government buildings is minutes away, and five major hospitals and clinics — including Regions, United, Children's Minnesota, Gillette Children's, and M Health Fairview Bethesda — are within close proximity.

500 Robert Street N Unit 608, Saint Paul

Listing courtesy of Lakes Sotheby's International Realty.

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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.

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