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$750,000
4 Beds 2 Baths 7140482 MLS
Excellent mixed-use opportunity in a highly visible location along the University Avenue corridor in St. Paul! This versatile property features two fully finished commercial spaces on the main level plus two residential units on the upper level, offering flexibility for investors, owner-users, or those looking to diversify their income potential under one roof. Both residential units feature private front and rear entrances and have been refreshed with new windows, stainless steel appliances, new carpet, and fresh paint. Each unit also offers a covered rear deck, while reserved parking behind the building provides added convenience for future tenants. The main-level commercial spaces are fully finished and equipped with mini-split systems for air conditioning, providing ready-to-use space for a variety of potential business needs. A full unfinished basement offers substantial additional storage space. Located directly on the bustling University Avenue corridor, the property offers excellent accessibility and convenient proximity to public transportation, including the METRO Green Line light rail and nearby bus routes, with easy connections throughout St. Paul and Minneapolis. A unique opportunity to own a mixed-use property combining commercial and residential space in a well-connected St. Paul location. Schedule your private showing today!

298 University Avenue W, Saint Paul

Listing courtesy of Keller Williams Preferred Rlty.

$525,000
7099905 MLS
Introducing a rare investment opportunity in the heart of Saint Paul’s vibrant West Seventh neighborhood! This maintained 7-unit mixed-use property includes two buildings side by side with two high-visibility commercial storefronts and five residential units, offering strong income potential and long-term upside. Seller financing is also available. Property Highlights: Total Units: 7 (5 Residential + 2 Commercial) Residential Mix: 4 One-Bedrooms, 1 Two-Bedroom Zoning: B2 Community Business District Prime visibility and walkability on Randolph Avenue. Leased units with steady cash flow, Long-term tenants. Close to downtown Saint Paul, MSP Airport, and major highways. Surrounded by parks, schools, cafes, and riverfront attractions. Listing and details reflect 2 buildings.

893 Randolph Avenue, Saint Paul

Listing courtesy of Edina Realty, Inc..

$475,000
7091816 MLS
609 Dale is the Perfect Stable 4-Unit Mixed-Use (Retail/Apartment) Investment Property recently Remodeled and Fully Leased! All units are occupied, but the leases allow for flexibility for an Owner/User in the Retail spaces and an apartment. Located in the heart of St. Paul, the 609 Dale features two Retail Tenants, Yoga Studio and a Yarn Shop, plus two 2nd level 2 bed/1 bath Apartments. Perfect 1031 Exchange replacement property or for the investor looking to add another quality asset to their portfolio. Unit Interiors have been fully remodeled along with extensive renovations on the exterior with tuck pointing and painting. Great Visibility with a 4 car parking lot in the rear + ample on street parking in front on Dale. This property is generously zoned B2 Community Business with ~4,320 gross building square feet. Great semi-finished basement space for storage and use by the main level Yarn Shop Retail tenant. Tenants are responsible for the own electric, boiler heat paid for by Landlord.

609 Dale Street N, Saint Paul

Listing courtesy of RE/MAX Results.

$499,900
7085772 MLS
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.

1321 Payne Avenue E, Saint Paul

Listing courtesy of Grand Realty, LLC.

$560,000
3 Beds 4 Baths 6808073 MLS
890 Payne Ave is a value-add mixed-use opportunity in Saint Paul’s Payne-Phalen corridor offering income today and upside through stabilization. The property features one street-level commercial space (laundromat) plus four apartments (three 1BR units and one studio). Current operations generate $70,680 in effective gross income with NOI of approximately $36,382, and the market pro forma projects about $79,080 in effective gross income with NOI increasing to roughly $44,782 (about +23%), assuming expenses remain near current levels (~$34,298/year). The sale also includes the B2-zoned lot at 648 York Ave (~4,836 SF), adding valuable optionality for off-street parking, signage, storage, or future expansion potential (subject to city approvals).

890 Payne Avenue, Saint Paul

Listing courtesy of Keller Williams Premier Realty.

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