1001 Payne Ave

1001 Payne Ave, St Paul, MN 55130

RETAIL For Sale

Year Built: 1900

Floors: 2

Available Spaces

SpaceSizeTypePricing
Retail/Office/Hospitality Building for Sale SALE $199,900.00

Contact

Patrick Corbett - Caspian Group

PHONE: 6513349851

PHONE: 6513349851

Description

This building provides a great opportunity for a new owner to purchase it and complete the build out based on their desired use, and in turn, create a lot of sweat equity. The currently owners started the renovation, but are unable to finish it providing a great opportunity to a future owner. This building can be used as retail, restaurant, adult daycare, gathering hall, or anything you have in mind that is an approved use for the zoning (3A COMMERCIAL LAND AND BUILDING). This building is located in the heart of the east side of St. Paul which has been growing and has a lot of new development and also provides a lot of drive-by traffic. The current owners completed the following work: 1. Main floor support beam = $ 40,000 2. Demolition = $100,000 3. Roof update = $ 40,000 4. Asbestos clean up = $13,000 -Location is lively and is booming with diverse cultures. -Many successful businesses around the area starting with eateries, pubs, coffee shops, groceries, US Bank directly in front of the building for your business needs, off street parking and bus transportation