{"@odata.id":"https:\/\/api.mlsgrid.com\/v2\/Property('NST7818017')","AccessibilityFeatures":["None"],"AdditionalParcelsYN":false,"NST_AgentOwner":"No","LivingAreaUnits":"Square Feet","NST_AssessmentPending":"No","BasementYN":false,"BathroomsTotalInteger":4,"BedroomsTotal":0,"CumulativeDaysOnMarket":0,"City":"Saint Paul","PossibleUse":["Office","Other","Professional Service","Retail","Shop","Grocery"],"NST_CommercialStyleType":["Mixed Use","Other"],"NewConstructionYN":false,"Contingency":"None","NST_ForSaleOrLease":"For Sale","CountyOrParish":"Ramsey","CurrentUse":["Residential","Retail"],"Directions":"35 E, TO MARYLAND TO PAYNE AVE","DocumentsCount":0,"DaysOnMarket":0,"FoundationArea":3900,"NST_FoundationDimensions":"3900","NST_FractionalOwnershipYN":"No","NST_Fuel":["Natural Gas"],"GarageSpaces":0,"GrossIncome":51740,"Heating":["Boiler"],"HighSchoolDistrict":"St. Paul","NST_ForeclosureStatus":"No","Inclusions":"Building,Fixture\/Equipment,Leases,Rental License","InternetAddressDisplayYN":true,"InternetAutomatedValuationDisplayYN":false,"InternetConsumerCommentYN":false,"InternetEntireListingDisplayYN":true,"LandLeaseYN":false,"Latitude":44.9708660000000008949427865445613861083984375,"NST_LenderOwned":"No","Levels":["One"],"ListPrice":400000,"ListingContractDate":"2025-11-11","ListingId":"NST6806885","ListingKey":"NST7818017","LockBoxType":["None"],"Longitude":-93.0739370000000008076312951743602752685546875,"LotSizeArea":0.051999999999999997613020497055913438089191913604736328125,"LotSizeDimensions":"50 x 78","LotSizeUnits":"Acres","NST_NeighborhoodName":"Payne-Phalen","NST_NeighborhoodNumber":"98","NetOperatingIncome":27340,"NumberOfUnitsTotal":4,"OperatingExpense":24400,"OriginalEntryTimestamp":"2025-11-11T15:51:36.000Z","NST_OwnerOccupied":"No","OwnerPays":["Gas","Insurance","Sewer","Trash Collection","Water"],"ParcelNumber":"292922130156","NST_SchoolDistrictNumber":"2102","ParkingFeatures":["On-Street Parking Only"],"PhotosCount":1,"PhotosChangeTimestamp":"2025-11-11T22:26:04.408Z","PostalCity":"Saint Paul","PostalCode":"55130","NST_PotentialShortSale":"No","NST_PresentUse":"Yearly","PropertyType":"Commercial Sale","PublicRemarks":"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.\nUpstairs, 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.\nThe Payne Avenue corridor is undergoing one of Saint Paul\u2019s most significant redevelopment pushes, anchored by the Hamm\u2019s Brewery revitalization project and the Latino Economic Development Center\u2019s 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.\nPositioned to benefit from the East Side\u2019s resurgence, 985 Payne Ave offers investors and owner-operators alike the opportunity to participate in the neighborhood\u2019s exciting next chapter while building long-term equity through strategic upgrades and rental optimization.\nBuyer agents to verify all measurements.","PublicSurveyRange":"22","PublicSurveySection":"29","PublicSurveyTownship":"29","NST_RentalLicenseType":["Standard"],"NST_RentalLicenseYN":"Y","NST_SchoolDistrictPhone":"6517678100","Sewer":["City Sewer\/Connected"],"StandardStatus":"Active","StateOrProvince":"MN","StreetName":"Payne","StreetNumber":"985","StreetNumberNumeric":985,"StreetSuffix":"Avenue","SubdivisionName":"J R Weide Re L28-30b15 L1-2b16","TaxAnnualAmount":9366,"NST_TaxWithAssessments":"9366","TaxYear":2025,"TenantPays":["Electricity"],"Township":"Saint Paul","Utilities":["Electric Separate"],"VideosCount":0,"WaterSource":["City Water\/Connected"],"YearBuilt":1917,"ZoningDescription":"Business\/Commercial,Residential-Multi-Family","ListAgentKey":"NST507321","ListAgentMlsId":"NST502239675","ListOfficeMlsId":"NST9705","ListOfficeName":"Keller Williams Premier Realty","ListOfficeKey":"NST16765","ModificationTimestamp":"2026-04-15T17:00:06.526Z","OriginatingSystemName":"northstar","DocumentsChangeTimestamp":"2025-11-11T21:52:07.099Z","MlgCanView":true,"MlgCanUse":["IDX"]}