1081 Payne Ave

1081 Payne Ave, St. Paul, MN 55130

RETAIL For Sale

Year Built: 1960

Floors: 1

Available Spaces

SpaceSizeTypePricing
Retail, Apartment, & Land Multi-Building Sale SALE $600,000.00

Contact

Ethan Finger - Obsidian Group

PHONE: 5075813479

PHONE: 5075813479

Description

Obsidian Group is proud to present this unique retail and residential portfolio. Magnolias restaurant was a local favorite for decades and after some internal fire damage ownership has decided to sell the restaurant (not the Magnolia name), the neighboring triplex, parking lot, and vacant land northwest of the restaurant. The building is zoned B-2 allowing a wide variety of uses for your business. The neighboring triplex offers 3 units: two of them are 2 bed/2 bath and a studio apartment. The studio is currently vacant with the other two units on a month-to-month lease. The triplex was used to house the restaurants employees previously.