Cummings Janzen Real Estate

Jeff Schlagel

Jeff Schlagel

Operating Broker / Appraiser

Jessica Janzen

Jessica Janzen

Associate Broker

Jeremy Janzen

Jeremy Janzen

Associate Broker / Auctioneer

Robert Janzen

Robert Janzen

Associate Broker / Auctioneer

Our full time staff has 100+ years of real estate experience. We also offer a Full Service Auction Company.

  • Home
  • Hotsheet
  • Contact
  • Map Search
    • Our Listings
    • Featured Listings
    • Open Houses
    • Saved Listings
  • Estimate Request
    • Client Login
    • My Saved Listings
    • Cedarbrook Appraisals
    • Janzen Auction Service
    • MN DNR Lake Finder
  • Arrow Down Icon

MLS# 6806885 - 985 Payne Avenue Saint Paul, MN 55130

Neighborhoods

Keller Williams Premier Realty is the brokerage office representing the seller for this listing.

Copyright 2019, Regional Multiple Listing Service of Minnesota, Inc. all rights reserved. Information is deemed reliable but is not guaranteed.

The data relating to real estate for sale on this site comes in part from the broker reciprocity program of the Regional multiple Listing Service of Minnesota, Inc. real estate listings held by brokerage firms other than are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers. Cummings Janzen Realty, Inc. is not a multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Cummings Janzen Realty, Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc.

{"Id":1430979,"ORGTABLE":"RAW_Property","MLSCLASS":"COM","MLSNUMBER":"NST6806885","MLSAGENTID":"NST502239675","MLSOFFICEID":"NST9705","ADDRESS":"985 Payne Avenue","ACRES":0.05,"AGENTOWNER":false,"AUCTIONYN":false,"CITY":"Saint Paul","CONTINGENCY":"None","COUNTY":"Ramsey","CURRENTUSE":"Residential,Retail","DISTRIBUTEADDRESSTOINTERNET":true,"DISTRIBUTETOINTERNET":true,"EXTERIOR":"Brick/Stone","FORECLOSURE":"No","LASTPRICE":400000.0,"LASTPRICEDATE":"2025-11-11T21:52:07.1","LATITUDE":44.970866,"LENDEROWNED":"No","LISTDATE":"2025-11-11T06:00:00","LISTPRICE":400000.0,"LIVINGAREA":6450.0,"LONGITUDE":-93.073937,"MODIFICATIONTIMESTAMP":"2025-11-12T01:31:03.887","NEIGHBORHOOD":"Payne-Phalen","OFFICE_OFFICENAME":"Keller Williams Premier Realty","PHOTOCOUNT":16,"POSTALCODE":"55130","POTENTIALSHORTSALE":"No","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’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.\nPositioned 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.\nBuyer agents to verify all measurements.","ROADBETWEENWATERFRONTANDHOMEYN":false,"SALEINCLUDES":"Building,Fixture/Equipment,Leases,Rental License","SCHOOLDISTRICTNUMBER":"625-St. Paul","SCHOOLDISTRICTPHONE":"651-767-8100","SEWER":"City Sewer/Connected","STATEORPROVINCE":"MN","STATUS":"Active","STATUSDATE":"2025-11-11T21:52:07.1","LASTSTATUS":"Active","STREETNAME":"Payne","STREETNUMBER":"985","STREETSUFFIX":"Avenue","STYLE":"Other","TRANSACTIONTYPE":"For Sale","WATER":"City Water/Connected","WATERFRONTPRESENT":false,"YEARBUILT":1917,"ZONING":"Business/Commercial,Residential-Multi-Family","HASOPENHOUSE":false,"PHOTOTIMESTAMP":"2025-11-11T22:26:04.408","PHOTOREMARKS":"[{\"Order\":1,\"Remarks\":\"DSC06513.jpg\"},{\"Order\":2,\"Remarks\":\"DSC06593.jpg\"},{\"Order\":3,\"Remarks\":\"DSC06579.jpg\"},{\"Order\":4,\"Remarks\":\"DSC06581.jpg\"},{\"Order\":5,\"Remarks\":\"DSC06575.jpg\"},{\"Order\":6,\"Remarks\":\"DSC06577.jpg\"},{\"Order\":7,\"Remarks\":\"DSC06583.jpg\"},{\"Order\":8,\"Remarks\":\"DSC06586.jpg\"},{\"Order\":9,\"Remarks\":\"DSC06603.jpg\"},{\"Order\":10,\"Remarks\":\"DSC06596.jpg\"},{\"Order\":11,\"Remarks\":\"DSC06601.jpg\"},{\"Order\":12,\"Remarks\":\"DSC06599.jpg\"},{\"Order\":13,\"Remarks\":\"DSC06589.jpg\"},{\"Order\":14,\"Remarks\":\"DSC06592.jpg\"},{\"Order\":15,\"Remarks\":\"DSC06594.jpg\"},{\"Order\":16,\"Remarks\":\"DSC06584.jpg\"}]","PHOTOORDER":"1,2,3,4,5,6,7,8,9,10,11,12,13,14,15,16","SOURCE":"MG_NST"}
{"ListingKey":"NST7818017","LotSizeArea":"0.05","NST_AgeOfProperty":"108","NST_AgentOwner":"No","InternetAutomatedValuationDisplayYN":"True","InternetConsumerCommentYN":"True","NST_AssessmentPending":"No","BasementYN":"False","PropertySubType":"Other","City":"Saint Paul","PropertyType":"Commercial Sale","Contingency":"None","CountyOrParish":"Ramsey","CurrentUse":"Residential,Retail","Directions":"35 E, TO MARYLAND TO PAYNE AVE","InternetAddressDisplayYN":"True","InternetEntireListingDisplayYN":"True","ConstructionMaterials":"Brick/Stone","NST_ForeclosureStatus":"No","FoundationArea":"3900","NST_FractionalOwnershipYN":"No","NST_Fuel":"Natural Gas","ParkingFeatures":"On-Street Parking Only","AccessibilityFeatures":"None","Heating":"Boiler","OriginalEntryTimestamp":"2025-11-11T21:51:36Z","LandLeaseYN":"False","NST_LastUpdateDate":"2025-11-11","Latitude":"44.970866","NST_LenderOwned":"No","ListAgentKey":"NST507321","ListAgentMlsId":"NST502239675","ListingContractDate":"2025-11-11T06:00:00Z","ListOfficeKey":"NST16765","ListOfficeName":"Keller Williams Premier Realty","ListOfficeMlsId":"NST9705","ListPrice":"400000","Longitude":"-93.073937","LotSizeDimensions":"50 x 78","LotSizeUnits":"Acres","ListingId":"NST6806885","SourceSystemName":"RMLS","MapCoordinateSource":"King's Street Atlas","AdditionalParcelsYN":"False","NST_NeighborhoodNumber":"Payne-Phalen","NST_OfficeBoard":"SPAAR","ParcelNumber":"292922130156","GarageSpaces":"0","NST_ParkingOpen":"0","PhotosCount":"16","PostalCity":"Saint Paul","PostalCode":"55130","NST_PotentialShortSale":"No","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’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.\nPositioned 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.\nBuyer agents to verify all measurements.","PublicSurveyRange":"22","PublicSurveySection":"29","PublicSurveyTownship":"29","NST_RentalLicenseYN":"No","Inclusions":"Building,Fixture/Equipment,Leases,Rental License","HighSchoolDistrict":"St. Paul","NST_SchoolDistrictNumber":"625","NST_SchoolDistrictPhone":"651-767-8100","Sewer":"City Sewer/Connected","BuildingAreaTotal":"6450","StateOrProvince":"MN","StandardStatus":"Active","StreetName":"Payne","StreetNumber":"985","StreetNumberNumeric":"985","StreetSuffix":"Avenue","SubdivisionName":"J R Weide Re L28-30b15 L1-2b16","NST_TaxWithAssessments":"9366.0000","TaxYear":"2025","TaxAnnualAmount":"9366","NumberOfUnitsTotal":"2","Utilities":"Electric Separate","WaterSource":"City Water/Connected","YearBuilt":"1917","ZoningDescription":"Business/Commercial,Residential-Multi-Family","ModificationTimestamp":"2025-11-12T01:31:03.887Z","OriginatingSystemName":"northstar","Media":"[{\"ResourceRecordKey\":\"NST7818017\",\"Order\":1,\"MediaObjectID\":\"1\",\"LongDescription\":\"DSC06513.jpg\",\"ImageWidth\":2080,\"ImageHeight\":1893,\"ImageSizeDescription\":\"2080x1893\",\"MediaURL\":\"https://s3.amazonaws.com/mlsgrid/images/NST7818017/df1a9419-ba2c-40ee-bf38-cb165bce00de.jpeg\",\"MediaModificationTimestamp\":\"2025-11-11T22:26:01.875Z\",\"MediaKey\":\"6913b7f901157a0c27d62c8b\"},{\"ResourceRecordKey\":\"NST7818017\",\"Order\":2,\"MediaObjectID\":\"2\",\"LongDescription\":\"DSC06593.jpg\",\"ImageWidth\":1386,\"ImageHeight\":2080,\"ImageSizeDescription\":\"1386x2080\",\"MediaURL\":\"https://s3.amazonaws.com/mlsgrid/images/NST7818017/85b42079-4335-40b2-929b-b17ebc714c6f.jpeg\",\"MediaModificationTimestamp\":\"2025-11-11T22:26:01.927Z\",\"MediaKey\":\"6913b7f901157a0c27d62c8c\"},{\"ResourceRecordKey\":\"NST7818017\",\"Order\":3,\"MediaObjectID\":\"3\",\"LongDescription\":\"DSC06579.jpg\",\"ImageWidth\":2080,\"ImageHeight\":1386,\"ImageSizeDescription\":\"2080x1386\",\"MediaURL\":\"https://s3.amazonaws.com/mlsgrid/images/NST7818017/83e738d9-bd91-4684-9e99-4b737fe7d8f0.jpeg\",\"MediaModificationTimestamp\":\"2025-11-11T22:26:01.927Z\",\"MediaKey\":\"6913b7f901157a0c27d62c8d\"},{\"ResourceRecordKey\":\"NST7818017\",\"Order\":4,\"MediaObjectID\":\"4\",\"LongDescription\":\"DSC06581.jpg\",\"ImageWidth\":2080,\"ImageHeight\":1386,\"ImageSizeDescription\":\"2080x1386\",\"MediaURL\":\"https://s3.amazonaws.com/mlsgrid/images/NST7818017/8d106583-70f7-4944-93f9-54a74b97bc48.jpeg\",\"MediaModificationTimestamp\":\"2025-11-11T22:26:01.876Z\",\"MediaKey\":\"6913b7f901157a0c27d62c8e\"},{\"ResourceRecordKey\":\"NST7818017\",\"Order\":5,\"MediaObjectID\":\"5\",\"LongDescription\":\"DSC06575.jpg\",\"ImageWidth\":2080,\"ImageHeight\":1386,\"ImageSizeDescription\":\"2080x1386\",\"MediaURL\":\"https://s3.amazonaws.com/mlsgrid/images/NST7818017/4e6b5da4-30cb-463f-b5db-ac1898acf1d4.jpeg\",\"MediaModificationTimestamp\":\"2025-11-11T22:26:01.892Z\",\"MediaKey\":\"6913b7f901157a0c27d62c8f\"},{\"ResourceRecordKey\":\"NST7818017\",\"Order\":6,\"MediaObjectID\":\"6\",\"LongDescription\":\"DSC06577.jpg\",\"ImageWidth\":2080,\"ImageHeight\":1386,\"ImageSizeDescription\":\"2080x1386\",\"MediaURL\":\"https://s3.amazonaws.com/mlsgrid/images/NST7818017/956ede52-19af-402d-a1b0-b114dc80c1d0.jpeg\",\"MediaModificationTimestamp\":\"2025-11-11T22:26:01.922Z\",\"MediaKey\":\"6913b7f901157a0c27d62c90\"},{\"ResourceRecordKey\":\"NST7818017\",\"Order\":7,\"MediaObjectID\":\"7\",\"LongDescription\":\"DSC06583.jpg\",\"ImageWidth\":2080,\"ImageHeight\":1386,\"ImageSizeDescription\":\"2080x1386\",\"MediaURL\":\"https://s3.amazonaws.com/mlsgrid/images/NST7818017/5c26a958-d547-45f2-a6a6-4eebe6af400a.jpeg\",\"MediaModificationTimestamp\":\"2025-11-11T22:26:01.921Z\",\"MediaKey\":\"6913b7f901157a0c27d62c91\"},{\"ResourceRecordKey\":\"NST7818017\",\"Order\":8,\"MediaObjectID\":\"8\",\"LongDescription\":\"DSC06586.jpg\",\"ImageWidth\":2080,\"ImageHeight\":1386,\"ImageSizeDescription\":\"2080x1386\",\"MediaURL\":\"https://s3.amazonaws.com/mlsgrid/images/NST7818017/0f75a560-6c6b-44da-af95-f9240174dbfe.jpeg\",\"MediaModificationTimestamp\":\"2025-11-11T22:26:01.911Z\",\"MediaKey\":\"6913b7f901157a0c27d62c92\"},{\"ResourceRecordKey\":\"NST7818017\",\"Order\":9,\"MediaObjectID\":\"9\",\"LongDescription\":\"DSC06603.jpg\",\"ImageWidth\":2080,\"ImageHeight\":1386,\"ImageSizeDescription\":\"2080x1386\",\"MediaURL\":\"https://s3.amazonaws.com/mlsgrid/images/NST7818017/3eece227-3a1a-479e-8b8a-433620950b55.jpeg\",\"MediaModificationTimestamp\":\"2025-11-11T22:26:01.888Z\",\"MediaKey\":\"6913b7f901157a0c27d62c93\"},{\"ResourceRecordKey\":\"NST7818017\",\"Order\":10,\"MediaObjectID\":\"10\",\"LongDescription\":\"DSC06596.jpg\",\"ImageWidth\":2080,\"ImageHeight\":1386,\"ImageSizeDescription\":\"2080x1386\",\"MediaURL\":\"https://s3.amazonaws.com/mlsgrid/images/NST7818017/52568c4d-8e5b-41ee-b4bb-6c3dd106ae21.jpeg\",\"MediaModificationTimestamp\":\"2025-11-11T22:26:01.891Z\",\"MediaKey\":\"6913b7f901157a0c27d62c94\"},{\"ResourceRecordKey\":\"NST7818017\",\"Order\":11,\"MediaObjectID\":\"11\",\"LongDescription\":\"DSC06601.jpg\",\"ImageWidth\":2080,\"ImageHeight\":1386,\"ImageSizeDescription\":\"2080x1386\",\"MediaURL\":\"https://s3.amazonaws.com/mlsgrid/images/NST7818017/c9255b08-9b89-4870-910f-a463e9c10c1c.jpeg\",\"MediaModificationTimestamp\":\"2025-11-11T22:26:01.87Z\",\"MediaKey\":\"6913b7f901157a0c27d62c95\"},{\"ResourceRecordKey\":\"NST7818017\",\"Order\":12,\"MediaObjectID\":\"12\",\"LongDescription\":\"DSC06599.jpg\",\"ImageWidth\":2080,\"ImageHeight\":1386,\"ImageSizeDescription\":\"2080x1386\",\"MediaURL\":\"https://s3.amazonaws.com/mlsgrid/images/NST7818017/84c8c11e-b916-4745-9ddf-2e2f312a4c81.jpeg\",\"MediaModificationTimestamp\":\"2025-11-11T22:26:01.876Z\",\"MediaKey\":\"6913b7f901157a0c27d62c96\"},{\"ResourceRecordKey\":\"NST7818017\",\"Order\":13,\"MediaObjectID\":\"13\",\"LongDescription\":\"DSC06589.jpg\",\"ImageWidth\":2080,\"ImageHeight\":1386,\"ImageSizeDescription\":\"2080x1386\",\"MediaURL\":\"https://s3.amazonaws.com/mlsgrid/images/NST7818017/d0274c49-32ce-4781-ba42-f0e278a44413.jpeg\",\"MediaModificationTimestamp\":\"2025-11-11T22:26:01.918Z\",\"MediaKey\":\"6913b7f901157a0c27d62c97\"},{\"ResourceRecordKey\":\"NST7818017\",\"Order\":14,\"MediaObjectID\":\"14\",\"LongDescription\":\"DSC06592.jpg\",\"ImageWidth\":1890,\"ImageHeight\":2080,\"ImageSizeDescription\":\"1890x2080\",\"MediaURL\":\"https://s3.amazonaws.com/mlsgrid/images/NST7818017/3d95a3f9-28da-44e9-85ce-743b1d985fc1.jpeg\",\"MediaModificationTimestamp\":\"2025-11-11T22:26:01.883Z\",\"MediaKey\":\"6913b7f901157a0c27d62c98\"},{\"ResourceRecordKey\":\"NST7818017\",\"Order\":15,\"MediaObjectID\":\"15\",\"LongDescription\":\"DSC06594.jpg\",\"ImageWidth\":2080,\"ImageHeight\":1914,\"ImageSizeDescription\":\"2080x1914\",\"MediaURL\":\"https://s3.amazonaws.com/mlsgrid/images/NST7818017/0b8bb263-eb16-4e26-866f-e4b3127eac1c.jpeg\",\"MediaModificationTimestamp\":\"2025-11-11T22:26:01.907Z\",\"MediaKey\":\"6913b7f901157a0c27d62c99\"},{\"ResourceRecordKey\":\"NST7818017\",\"Order\":16,\"MediaObjectID\":\"16\",\"LongDescription\":\"DSC06584.jpg\",\"ImageWidth\":2080,\"ImageHeight\":1386,\"ImageSizeDescription\":\"2080x1386\",\"MediaURL\":\"https://s3.amazonaws.com/mlsgrid/images/NST7818017/25e019e6-0546-4353-9a0a-f81a4ace810b.jpeg\",\"MediaModificationTimestamp\":\"2025-11-11T22:26:01.894Z\",\"MediaKey\":\"6913b7f901157a0c27d62c9a\"}]","PhotosChangeTimestamp":"2025-11-11T22:26:04.408Z","MlgCanView":"True","MlgCanUse":"IDX","PhotoRemarks":"[{\"Order\":1,\"Remarks\":\"DSC06513.jpg\"},{\"Order\":2,\"Remarks\":\"DSC06593.jpg\"},{\"Order\":3,\"Remarks\":\"DSC06579.jpg\"},{\"Order\":4,\"Remarks\":\"DSC06581.jpg\"},{\"Order\":5,\"Remarks\":\"DSC06575.jpg\"},{\"Order\":6,\"Remarks\":\"DSC06577.jpg\"},{\"Order\":7,\"Remarks\":\"DSC06583.jpg\"},{\"Order\":8,\"Remarks\":\"DSC06586.jpg\"},{\"Order\":9,\"Remarks\":\"DSC06603.jpg\"},{\"Order\":10,\"Remarks\":\"DSC06596.jpg\"},{\"Order\":11,\"Remarks\":\"DSC06601.jpg\"},{\"Order\":12,\"Remarks\":\"DSC06599.jpg\"},{\"Order\":13,\"Remarks\":\"DSC06589.jpg\"},{\"Order\":14,\"Remarks\":\"DSC06592.jpg\"},{\"Order\":15,\"Remarks\":\"DSC06594.jpg\"},{\"Order\":16,\"Remarks\":\"DSC06584.jpg\"}]","PhotoOrder":"1,2,3,4,5,6,7,8,9,10,11,12,13,14,15,16","CustomVTourURL":""}

CUMMINGS JANZEN REALTY, INC.

14 - 1st St NW
Aitkin, MN 56431

Phone: 218-927-6258
Toll Free: 800-450-6258
Fax: 218-927-1818

AN EQUAL OPPORTUNITY COMPANY. EQUAL HOUSING OPPORTUNITY.

© Cummings Janzen Realty, INC. All rights reserved.
Created with Real Estate Create.