Property information

Beds

—

Baths

N/A

Sq Ft

—

Year Built

1927

Property Type

Commercial Sale

Acres

0.07

County

Ramsey

Waterfront

No

Waterfront View

—

Waterfront Feet

—

Water Body

—

Parking

0

Basement

Full

Price/Sqft

—

Stories

Two

HOA Fee

N/A

Updated

2 MO AGO

List Date

7/8/2026

Potential for great cash flow! Classic brick mixed-use building on highly visible Payne Avenue featuring two commercial storefronts and three apartments above. The residential units include two 1-bedroom apartments and one 2-bedroom, 1-bath apartment. Recent seller improvements include a new water service line, updated electrical service for the front storefront, newer forced-air furnace and water heater, plus a newer boiler and water heater serving the apartments and rear commercial space. Both storefronts feature updated bathrooms and full kitchens with quality cabinetry and appliances. The commercial spaces can be operated separately or combined into one larger business location. The larger storefront also includes access to a clean, dry basement with an additional bathroom, offering excellent storage and potential expansion space. Off-street parking is available behind the building, with abundant street parking nearby. Ideal for investors or owner-occupants seeking a flexible income-producing property.