1001 Payne Ave, St Paul, MN 55130

Immerse yourself in the vibrant retail scene surrounding 1001 Payne Ave, St Paul, MN 55130. This attractive property offers a prime opportunity for retail and street retail investors. Situated in the heart of a thriving neighborhood, the area is known for its diverse array of local boutiques, trendy eateries, and art galleries, making it a sought-after destination for retail enthusiasts. Just steps away, the historic neighborhood's charm adds to the area's appeal, drawing in visitors and creating a welcoming community atmosphere. With its mix of unique offerings and close-knit community feel, this location presents an exciting prospect for retail investment in Saint Paul.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 significant sweat equity. The current owners started the renovation but were unable to finish it, providing a great opportunity for a future owner. This building can be used as retail, restaurant, adult daycare, gathering hall, or any other approved use under the zoning (3A Commercial Land and Building). The building is located in the heart of the East Side of St. Paul, an area that has been growing, with significant new development and strong drive-by traffic. The current owners have completed the following work: First-floor beam – $40,000 Demolition – $100,000 Roof update – $40,000 Asbestos cleanup – $13,000