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$550,000
7010585 MLS
Great opportunity for business owner and/or entreprenuer with possibilities to rent additional space / offices. Opportunities are endless. Check out the space to determine if it will fit your commercial needs - opportunities include: Office warehouse, gathering space, classroom, sales room, studio, showroom, meeting hall, GYM, Adult Daycare, Clinic, sewing workshop, factory, e-commerce, beauty salon, spa, and so many more!

2942 Oakland Avenue, Minneapolis

Listing courtesy of eXp Realty.

$250,000
7011599 MLS
Business + inventory sales only. Buyer will assume existing tripple net lease at $7,436 which covers all common areas, parking, and plowing. Sign NDA to review P&L's. After offer is received, the seller will provide everything else asked by the buyer. 24 hours notice for a showing of all the areas (back, office) or if walk through during business hours, okay but just look at the public area.

8472 Tamarack Bay, Woodbury

Listing courtesy of Creative Results.

$939,900
7003036 MLS
*GROUP SHOWING AVAILABLE 1/22 FROM 1-2PM** Fantastic 8-unit multifamily investment opportunity in the heart of South Minneapolis—perfect for first-time investors looking to launch their portfolio or seasoned investors seeking to add a value-add property with strong upside. Current rents are well below market, offering immediate potential to increase cash flow through strategic updates and rent adjustments. The property is ideally located with quick access to major highways, making commutes throughout the Twin Cities a breeze, and is just minutes from MSP International Airport. Residents will love the proximity to neighborhood parks, local shopping, and some of South Minneapolis’ most popular restaurants and cafés, creating strong long-term rental demand. With solid fundamentals, an excellent location, and untapped income potential, this is a rare opportunity to acquire a multifamily asset in one of Minneapolis’ most sought-after rental markets. Don’t miss the chance to secure a property that offers both stability and growth.

5733 Bossen Terrace, Minneapolis

Listing courtesy of Keller Williams Premier Realty Lake Minnetonka.

$1,900,000
7007892 MLS

14162 Commerce Avenue NE, Prior Lake

Listing courtesy of RE/MAX Advantage Plus.

$2,850,000
7007394 MLS
Introducing a unique investment opportunity in the heart of Richfield, Minnesota! This expansive property located at 7444 Cedar Ave boasts a total of 23 units with a combined square footage of 21,840, making it an ideal investment for those looking to expand their apartment rental portfolio. The asset sits on over 0.88 acres, on a bus route, and close to the Mall of America! Prime for a re-development opportunity! Built in 1966, this very well-maintained building features a mix of 18 spacious two-bedroom units and 5 cozy one-bedroom units, providing a variety of options for potential renters. Additionally, the property includes 10 detached garages, ensuring that tenants have ample space to park their vehicles. The exterior of the property is well-maintained and features a classic brick façade, while the interior of the units are spacious and have updated appliances. The property is conveniently located near major transportation routes, making it easy for tenants to commute to work or enjoy all that Richfield has to offer. Investors looking for a turn-key property with strong cash flow potential will appreciate the low maintenance costs and high rental demand in the area. Don't miss out on this rare opportunity to own a property that is fully occupied and turn-key in a non-rent controlled city on Minnesota! The brick exterior façade makes this property shine. There are many updates in recent years including the front and rear entryways, security cameras, newer vinyl windows (2014), brand new commercial grade water heater replaced in 2023, and a newer roof on both the building and garages replaced in 2014. In 2025 all the electrical panels were swapped out with new breakers making this asset easier to insure. PROPERTY FACTS Year Built: 1966 Square Footage: 21,840 Units: 23 Zoning: Multiple-family District Parking: 10 Garage Stalls plus plenty of off street parking Exterior: Brick Heating: Boiler Roof: Flat - New installed by All Elements, Inc. in 2014 UNIT DESCRIPTION 18 - 2 bedroom, 1 bath - Approx. 910+ Sqft. 5 - 1 bedroom, 1 bath - Approx. 750+ Sqft PROPERTY IMPROVEMENTS 2025: New Electrical Panels with Circuit Breakers 2023: New Commercial High-Efficiency Water Heater built by Bock. 2018: New Carpet in Hallways, Common Areas, Entry Way 2014: Roof - Durolast by All Elements, Inc. with 15 year warranty 2013: Windows - Installed vinyl replacement sliders by Window World, Inc. PRICE: $2,875,000 Information is deemed reliable but not guaranteed. Buyer and Buyer's agent to verify all details.

7444 Cedar Avenue S, Richfield

Listing courtesy of Apartment Cash Flow, Inc..

$3,200,000
7006401 MLS
Here it is! The Prime Location you’ve been waiting for. Located in the heart of Excelsior—one of Lake Minnetonka’s most coveted destinations and often referred to as the “Malibu of the Midwest”—520 2nd Street presents a truly rare, mixed-use zoned, once-in-a-generation opportunity that combines 8000 sq ft between the well-established commercial building owned by Huber Funeral Homes with a spacious, single-family residence w/rental license, if desired. Nearly 3/4 acre. **When you arrive in Excelsior, the significance of this location is immediately clear: Maynard’s and Lake Minnetonka are to your right and 520 2nd Street is straight ahead. Few properties can claim this level of visibility, prominence, and daily exposure. This is THE location! **The commercial space features two expansive, separate and well-defined levels (main and upper), providing outstanding flexibility for a wide range of business models, professional services, boutiques, showrooms or 100's of other creative uses. **Positioned in one of Excelsior’s most active and walk-able areas, the property delivers exceptional business brand presence while capturing the prestige and lifestyle appeal of Excelsior Bay and Lake Minnetonka. **This is a fantastic opportunity for owner-users, investors, developers, and business visionaries who desire a premier presence in a community known for its amazing lake lifestyle, dining experiences like Vagabondo, Mirabelle, Coalition, Maynard's, 318 plus numerous shops on Water Street and surrounding streets, along with a long-term business value, who are seeking an exceptional, highly-coveted Lake Minnetonka location. **For developers and investors, the property’s configuration, location, and prominent visibility, un-lock a variety of high-value possibilities—whether as a refined live/work estate, a signature business destination, or a strategic redevelopment. **The attached 4-story home boasts (4) bedrooms with a master bedroom and en-suite, (4) bathrooms, kitchen, dining room and a great room with vaulted ceilings designed for everyday living, as well as, entertaining. **More home highlights include a large private backyard and a three-car attached garage, creating an exceptional live-work lifestyle in an unbeatable Excelsior location. **Don’t wait on this one!

520 2nd Street, Excelsior

Listing courtesy of Up Front Homes.

$105,000
7006652 MLS
Commercial mixed use building at a great location! Corner of 29th & Penn with tons of traffic exposure. This would make a great spot for office, shop, retail, or mixed-use with apartment + business. Lot extends to alley with enough room to build a garage or add some parking. ZONE C1 - Neighborhood Commercial District allows many uses. Currently has 3 rooms street side for business/office use + kitchen & full bathroom. Back of building includes 2bedrooms apartment with kitchen & full bathroom. Projected ARV rents for current set up = $3000/month total. C1 Zoning offers a multitude of options if building new. Neighboring lot to South is vacant and possibly for sale. Opportunity knocks!

2759 Penn Avenue N, Minneapolis

Listing courtesy of eXp Realty.

$1,300,000
14 Beds ⋅ 11 Baths ⋅ 6813799 MLS
1900 Vincent Ave N, Minneapolis presents a compelling opportunity to acquire a well-maintained 13-unit apartment building with strong fundamentals and upside potential. Within the current owner’s ownership, most major CapEx items, including the roof (2013), the boiler (2019) the water heater (2019), and windows (2018), have all been replaced. In 2024, solar panels were added to the roof, adding another income-generating feature of the building, reducing near-term maintenance concerns, and improving long-term operating efficiency. A current office/flex space offers potential for additional rental income as is, or the ability to convert it to another unit. 3 garages are being used by the seller, these could also be rent out.

1900 Vincent Avenue N, Minneapolis

Listing courtesy of Keller Williams Premier Realty.

$205,000
7006272 MLS

534 Selby Avenue, Saint Paul

Listing courtesy of Diversified Realty.

$2,600,000
6821429 MLS
611 Grand Avenue | Merchants of Crocus Hill Prime historic commercial building on a corner lot in Saint Paul’s highly sought-after Grand Avenue / Crocus Hill corridor. 100% occupied with six established tenants providing stable in-place income and consistent foot traffic. Exceptional visibility in one of the city’s most walkable, high-demand retail districts. Property offers potential for up to 10 suites and includes 11 off-street parking spaces, a rare amenity along Grand Avenue. A true core retail asset in a location where opportunities are limited.

611 Grand Avenue, Saint Paul

Listing courtesy of Coldwell Banker Realty.

$799,000
7004216 MLS
Welcome to 3040 Lyndale Ave S in the heart of the highly sought-after Lyn-Lake neighborhood (CM3 Zoning). This is not just real estate — this is a high-visibility corner asset positioned for strong cash flow, brand presence, and long-term upside. Located at Lyndale & 31st, the property offers exceptional street exposure, high daily traffic, abundant on-site parking across both parcels, attached garage stalls, and a flexible multi-level layout ideal for a wide range of uses. The layout is perfectly suited for a flagship cannabis dispensary with built-in separation for retail and operations, plus the opportunity to create a discreet, speakeasy-style entrance leading to a lower-level consumption lounge — a rare and highly desirable experiential concept. Beyond cannabis, the asset easily translates into **multiple high-demand concepts**, including: -Suite-style salon with café component -Full-service salon with rental booth income -Elevated vintage café + curated bookstore -Boutique office or creative headquarters -Wellness, medical, or detox facility (inpatient/outpatient) - One-of-a-kind boutique bed & breakfast, offering a unique stay experience in one of Minneapolis’ most vibrant districts For investors, this is where it gets compelling — the property’s layout and zoning make it easy to lease, reposition, or multi-tenant for diversified income streams. And for those thinking long-term: generate income now while planning a future redevelopment to fully unlock the potential of this prime corner site. Strong parking. Multiple revenue paths. Opportunities with this level of flexibility, visibility, and upside rarely come to market. Secure your footprint in one of Minneapolis’ most active and evolving corridors.

3040 Lyndale Avenue S, Minneapolis

Listing courtesy of Northstar Real Estate Associates.

$750,000
7003899 MLS
A compelling development opportunity in Saint Paul’s North End. This 2.7-acre parcel encompasses 17 city lots and is zoned RM2 (Medium Density Residential), offering significant flexibility for future use. The owner has preliminary approval for a 50-unit apartment complex or senior housing development. Recent conversations have also explored the potential for self-storage, driven by the strong performance of nearby facilities. Variances have already been granted for parking, wetland use, and setbacks, helping streamline the development process. Prior approvals, permits, and completed soil and wetland studies are available in supplements. Ideally located with convenient access to downtown Saint Paul, public transportation, and major thoroughfares. Ready for development.

1600 Sylvan Street, Saint Paul

Listing courtesy of Coldwell Banker Realty - Lakes.

$750,000
7003897 MLS
A compelling development opportunity in Saint Paul’s North End. This 2.7-acre parcel encompasses 17 city lots and is zoned RM2 (Medium Density Residential), offering significant flexibility for future use. The owner has preliminary approval for a 50-unit apartment complex or senior housing development. Recent conversations have also explored the potential for self-storage, driven by the strong performance of nearby facilities. Variances have already been granted for parking, wetland use, and setbacks, helping streamline the development process. Prior approvals, permits, and completed soil and wetland studies are available in supplements. Ideally located with convenient access to downtown Saint Paul, public transportation, and major thoroughfares. Ready for development.

1400 Sylvan Street, Saint Paul

Listing courtesy of Coldwell Banker Realty - Lakes.

$719,000
7003895 MLS
Located in the vibrant Southeast Minneapolis neighborhood near the University of Minnesota, 836 Thornton Street SE offers a unique opportunity for both investors and owner-occupants alike. This urban duplex boasts a spacious 2,590 square feet of living space, encompassing 5 bedrooms and 2 bathrooms. Situated on a 0.12-acre lot, the property is zoned under Corridor 4, presenting significant potential for a comprehensive development venture. The flexibility of this zoning allows for various possibilities, making it an attractive prospect for those looking to maximize the property's value. Whether you're seeking a lucrative investment or a versatile living arrangement, 836 Thornton Street SE stands as a prime candidate. Perfect for those wanting to capitalize on the dynamic energy of the University area, this property offers the chance to be part of a thriving community while also exploring the extensive development potential it holds.Additional details on Corridor 4 zoning are available in the supplements.

836 Thornton Street, Minneapolis

Listing courtesy of Coldwell Banker Realty - Lakes.

$750,000
6826491 MLS
A 6-unit multifamily investment opportunity located in the Lyndale neighborhood of South Minneapolis. The property is comprised of four two-bedroom units & two one-bedroom units. A new high-efficiency boiler & two new water heaters were installed in 2024. The windows were replaced in 2019. The building is currently enrolled in the Minneapolis 4D program, providing a significant reduction in annual property tax expense. There is off-street parking in the back of the building; one space for each unit. All current tenants are on month-to-month leases. The property is well located for easy access to I-35W as well as for easy access to numerous neighborhood amenities toward Lyndale Avenue & beyond.

3408 Stevens Avenue, Minneapolis

Listing courtesy of MRG Realty Partners, LLC.

$640,000
6826530 MLS
3948 Oakland Avenue is a 5-unit multifamily investment opportunity located in the Bryant neighborhood of South Minneapolis. The property is comprised of three two-bedroom units, one three-bedroom unit, & one four-bedroom unit. A new boiler was installed in 2019, and the building has 100-amp electrical service. The building is currently enrolled in the Minneapolis 4D program, providing a significant reduction in annual property tax expense. There are four single stall garages included at the property. All current tenants are on month-to-month leases. The property is well located for easy access to I-35W, as well as for access to numerous additional South Minneapolis area amenities.

3948 Oakland Avenue, Minneapolis

Listing courtesy of MRG Realty Partners, LLC.

$2,750,000
7000870 MLS
Tree-lined, classic 12-unit apartment building ideally tucked behind the Room & Board high-end furniture store and directly across from the renowned upscale Galleria Mall. The property features 11 spacious two-bedroom, one-bath units and one studio, all offering well-designed, open, and functional floor plans. Residents enjoy walking-distance access to numerous restaurants, shops, banks, Lunds & Byerlys, Whole Foods, Southdale Center, Cub Foods, and Target. Located just 10 minutes from downtown Minneapolis and the University of Minnesota, the property is also situated within the highly sought-after Edina School District. This property offers a quiet residential sanctuary in the heart of Edina, combining privacy with unmatched convenience. Each unit includes a private one-car detached garage plus one additional off-street parking space. Additional features include: Baseboard hot water radiant heat for consistent comfort Tenants pay electric Coin-operated laundry on site Located in Edina—one of the most affluent close-in suburbs of Minneapolis—the property presents future redevelopment potential, situated just half a block from the France Avenue commercial district, which includes hospitals, physician offices, and high-end shopping destinations. The property is zoned PRD-4, allowing for flexible higher-density multifamily development with commercial elements (buyer to verify with the City of Edina). 1031 Exchange property.

4001 Mavelle Drive, Edina

Listing courtesy of Sweet Home Realty, LLC.

$499,000
2 Baths ⋅ 6804921 MLS
Amazing office space in Loring Park at Loring Green East at 1201 Yale Place. Business suite on the edge of downtown Minneapolis includes 2 conference rooms, 8 offices, reception area and counters, kitchen, restrooms, baths, 2 storage rooms, and access to amenities throughout this well maintained condominium building. Ample, attached indoor parking space. You'll love the water feature when you enter the reception area. Perfect location for several types of businesses but was last used as a law office. Existing furnishings could stay. Prime location with easy parking and in and out access. Amenities include: indoor swimming pool & hot tub, exercise room, party room with kitchen and billiard space, walking trails to park on property. Ready to move in and conduct business first class!

1201 Yale Place Unit A100, Minneapolis

Listing courtesy of Coldwell Banker Realty.

$1,875,000
6824408 MLS
Embrace this rare opportunity to own a distinguished Park Avenue Georgian Revival mansion located along the iconic “Golden Mile” in Minneapolis. Encompassing more than 13,000 square feet, the property at 2318 Park Avenue is zoned BFI3/RM3 and is situated within the vibrant Phillips West neighborhood, approximately 1.5 miles from the Minneapolis central business district. The property also lies within a designated Minnesota Opportunity Zone, offering potential tax advantages for qualified investors. Currently utilized as office space for a nonprofit organization, the building offers exceptional flexibility with 34 private offices of varying sizes and numerous stately common and collaboration areas well suited for professional, institutional, or adaptive reuse purposes. All four finished floors are accessible via elevator, providing seamless vertical circulation throughout the building. The grand main entrance makes a lasting impression, featuring black-and-white marble flooring and an elegant spiral staircase that underscores the property’s historic character and architectural significance. Situated on a fenced 0.87-acre parcel, the grounds include lush, irrigated lawns, two patio areas ideal for outdoor gatherings, and 29 surface parking spaces. A detached, heated four-car garage with an integrated workshop further enhances the property’s functionality, making this an exceptional offering for an owner-user or investor seeking a landmark asset with proximity to downtown Minneapolis.

2318 Park Avenue, Minneapolis

Listing courtesy of Edina Realty, Inc..

$2,300,000
30 Beds ⋅ 12 Baths ⋅ 6826518 MLS
Investment opportunity. Six units, two buildings, all new with 5BRs, 2BA and Laundry in each unit. 814 is currently leased for $9250 month. Highly marketable modern interior finishes Strong rental appeal in the Marcy-Holmes / University district. 814 & 816 6th Street SE: Common Lot Development. Both 814 and 816 6th Street SE exist on a single parcel under one PID and were developed as a Common Lot Development in the Marcy-Holmes neighborhood. Together, 814 & 816 6th Street SE form a unified six-unit multifamily asset on a single PID, built and renovated to modern 2020s standards. Between the two structures, nearly every system structural, mechanical, electrical, plumbing, exterior envelope, and interior finishes is new, code-compliant, and designed for long-term durability and ease of maintenance. The site now includes: One fully renovated, expanded triplex (814) and One slab-on-grade new construction triplex (816). A total of six modern, code-compliant residential units were created on the shared lot. Both properties were built to current building, mechanical, electrical, plumbing, zoning, and life-safety standards, including separate utility services, fire systems, and modern energy-efficient components. 814 6th Street SE – Full Gut Renovation & Triplex Conversion: 814 began as an older duplex and was transformed into a three-level triplex through a complete gut renovation and addition. Other than the foundation and the first- and second-floor exterior walls, the structure is essentially new construction. Full interior demolition and rebuild. Added a third story to convert the duplex into a triplex. Constructed a three-story treated-wood rear deck. * 816 6th Street SE – New Construction Slab-on-Grade Triplex (In final phase of completion). 816 was built as a brand-new slab-on-grade triplex, designed to complement 814 while offering fully modern construction and finishes. While layouts differ, the systems and interior standards match 814 to maintain continuity across the parcel. *Structural & Exterior:Ground-up slab-on-grade new construction. LP SmartSide exterior siding. New exterior paint. Pre-finished soffit & fascia. Architectural asphalt shingle roof. Batt + poly insulation package. Single-hung Vector windows, matching 814. Interior staircase access to each unit. *Mechanical, Electrical & Plumbing: New water and new sewer service runs. Three separate electrical services/meters (one per unit). Three independent forced-air heating and cooling systems (Magic-Pak) Three 40-gallon electric water heaters. All electric appliances (ranges, dryers, etc.), consistent with 814. New plumbing system throughout.* Interior Construction & Finishes: LVP flooring throughout. Kitchens and bathrooms identical in finish level to 814, including: Legacy soft-close cabinetry. Quartz countertops. Tile backsplash. Stainless steel appliances. Tile shower surrounds. New trim, interior doors, and full interior paint/enamel. Stackable washer/dryer hookups in each unit. *Both buildings offer: Separate utilities, Updated life-safety systems, Uniform design language and material quality, Low-maintenance exterior finishes.

814 6th Street SE, Minneapolis

Listing courtesy of Morgan And Trust Realty.

$745,000
6824217 MLS
A rare infill opportunity in St. Paul’s West Side. This two-parcel offering includes a ±3,000 sq ft warehouse with drive-in access and a fully fenced ±6,300 sq ft vacant lot - ideal for contractors, creative users, storage, or future expansion. Zoned B2, the site supports a wide range of commercial and mixed-use concepts. Assignable Rights of First Refusal for the immediately adjacent parcels at 525 & 531 Ohio Street allow a future owner to assemble up to ±20,250 sq ft of contiguous land - an exceptional long-term redevelopment opportunity. Currently leased through Aug 31, 2027, offering stable income while planning future use.

515 Ohio Street, Saint Paul

Listing courtesy of Gold Group Realty, LLC.

$199,900
6824449 MLS

1001 Payne Avenue, Saint Paul

Listing courtesy of NAI Gateway Commercial.

$240,000
6821614 MLS
Stand-alone commercial building with two new parking lots! Former salon use. Building with an open floor plan with 2 sinks, 6 hook-ups for pedicure chairs, 1 room with a hand sink, a laundry room with washer and dryer, a restroom, and 5 parking stalls. The breakroom has a microwave and refrigerator. This building can be used as a retail shop or an office for professional services.

727 Marie Avenue, South Saint Paul

Listing courtesy of RE/MAX Results.

$3,200,000
6820365 MLS
Building Size: 8,738 SF Office; 14,083 SF Manufacturing/Tech; 3,999 SF Warehouse Space Available: 5,886 SF Office; 14,083 SF Manufacturing/Tech; 3,999 SF Warehouse Acres: 1.39 Acres Percent Leased: 10.63% Annual Gross Rental Income: $51,451.76 per year Year Built: 1984 original building, 1996 Addition Parking: 77 off-street parking stalls Zoning: I-1 Industrial Clear Height: 12 ft. in manufacturing/tech areas, 20 ft. in warehouse area Loading: 4 drive-in doors Power: Heavy 3-phase Roof & HVAC: New rubber membrane roof in 2019; 9 new rooftop HVAC units in 2019; Warehouse is fully heated and air-conditioned Fire Suppression: Wet, fully sprinkled

1 Premier Drive, Long Lake

Listing courtesy of Keller Williams Premier Realty Lake Minnetonka.

$1,600,000
6801942 MLS
15,000 square foot office building in Roseville available for the first time ever. Located in St. Paul Opportunity Zone. Solid Building. 3 Floors. Central Location with Easy Access to MN-36, Downtown Saint Paul, Downtown Minneapolis, Rosedale Center, and Minneapolis St. Paul International Airport. 3 - Even Floor Plates with utilities in the lower level. All floors have a conference room and restrooms. Versatile and ready for the new owner. Originally a multi-tenant building with an elevator reaching all three floors, and lobby/waiting spaces available on all three floors, private suite entries, zoned mechanicals, security lighting, and 70 Parking Spaces. A great central location that is an excellent fit for many general office uses and/or medical offices uses.

2015 Rice Street, Roseville

Listing courtesy of Keller Williams Premier Realty.

$275,000
2 Beds ⋅ 2 Baths ⋅ 6806880 MLS
Exceptional value-add investment opportunity in the heart of Saint Paul’s rapidly revitalizing Payne-Phalen corridor. This three-unit mixed-use commercial property offers strong potential for investors or owner-operators looking to unlock value through upgrades and rent increases. All three units are currently functional but would benefit from modernization, allowing for substantial cash flow growth and appreciation. The property’s prime location on Payne Avenue positions it perfectly to benefit from the area’s ongoing transformation. The Payne Avenue corridor is home to some of Saint Paul’s most ambitious redevelopment efforts. The Hamm’s Brewery redevelopment is set to bring new housing, retail, and community spaces to the area, while the Latino Economic Development Center’s multi-million-dollar renovation will introduce a new event center, commercial kitchen, restaurants, and retail destinations, further energizing this historic commercial strip. As investment pours into the neighborhood, properties like this one stand to gain from increased visibility, higher tenant demand, and future appreciation. Whether you’re an investor seeking a solid long-term hold or an owner-operator looking to establish a business in a high-growth area, 1132 Payne Ave represents a rare opportunity to invest ahead of the curve. With the right vision and updates, this property can deliver impressive returns and become part of the East Side’s next wave of revitalization. Buyer agent to confirm all measurements.

1132 Payne Avenue, Saint Paul

Listing courtesy of Keller Williams Premier Realty.

$320,000
4 Baths ⋅ 6806866 MLS
Exceptional mixed-use investment opportunity along the rapidly redeveloping Payne-Phalen corridor. This property stands out among others on Payne Avenue for its expandable upper-level space and strong value-add potential. The building currently includes well-maintained commercial space on the main level and an upper level that offers an incredible opportunity to build out additional office suites or even convert into a residential unit. The third-floor space already has existing plumbing and electrical infrastructure, making future construction more efficient and cost-effective. Investors and owner-operators have multiple paths to create value here, either by renovating and renting the existing upper-level offices, or by reconfiguring the layout to add two to three new office spaces. For those with a creative vision, the upper level could also be converted into a spacious apartment or mixed live-work setup. Whichever route is chosen, 977 Payne Ave offers significant upside and flexibility to tailor the property to maximize income and appreciation. Located in one of Saint Paul’s most energetic redevelopment corridors, this property benefits from proximity to major area investments, including the Hamm’s Brewery redevelopment, which will bring new housing, retail, and community gathering spaces, and the Latino Economic Development Center’s multi-million-dollar revitalization project, featuring a large event center, commercial kitchen, restaurants, and retail spaces. These transformative projects are driving renewed economic energy, consumer traffic, and property value growth along Payne Avenue. Positioned in the heart of this momentum, 977 Payne Ave offers an unbeatable opportunity to acquire a flexible, income-producing property with built-in expansion potential in a neighborhood on the rise.

977 Payne Avenue, Saint Paul

Listing courtesy of Keller Williams Premier Realty.

$1,000,000
8 Beds ⋅ 8 Baths ⋅ 6808041 MLS
Located in the heart of Saint Paul’s rapidly evolving East Side, 365 Earl Street offers investors a rare mixed-use opportunity in an area poised for significant growth. This property includes 9 total units, 4 commercial and 5 residential, providing both strong income diversity and the security of multiple revenue streams. The commercial spaces are currently occupied by a long-standing convenience store, a tattoo shop, and an Alcoholics Anonymous center, all of which serve the surrounding neighborhood and bring consistent foot traffic to the building. The 5 residential units include three 2-bedroom apartments, one 3-bedroom apartment, and one studio, appealing to a wide range of tenants and offering steady residential demand. This property sits directly along the new Gold Line rapid transit route, connecting the East Side to downtown Saint Paul and beyond. As the Gold Line begins service, the area surrounding Earl Street and Hudson Road is already experiencing early signs of revitalization, with new commercial investment, residential redevelopment, and infrastructure improvements signaling a long-term upward trajectory for property values. The City of Saint Paul and the Downtown Alliance have also announced plans to convert downtown office buildings into 20,000–30,000 new residential units, a shift that will dramatically increase the demand for convenient, transit-connected neighborhoods like this one. For investors, 365 Earl Street represents a solid income-producing asset today and a strategic position for future appreciation tomorrow. The mix of commercial and residential tenants offers balanced returns, while the property’s location along the Gold Line corridor places it squarely within one of the city’s most promising development zones. This building may be purchased individually or as part of a package deal with 1051 Hudson Road, located immediately next door, creating a combined offering ideal for a portfolio-minded buyer seeking scale, stability, and long-term upside. Buyer agent to verify all measurements. Pre-approved and vetted buyers only!

365 Earl Street, Saint Paul

Listing courtesy of Keller Williams Premier Realty.

$350,000
2 Beds ⋅ 3 Baths ⋅ 6808082 MLS
This mixed-use property features one retail or office space and two residential units, offering both immediate cash flow and long-term upside. The commercial unit spans approximately 1,200 square feet and is ideal for retail, office, or service-based businesses, with a projected market rent of up to $1,300 per month. The residential units include a spacious two-bedroom, one-bath apartment and a well-designed studio apartment, projected to rent for $1,300 and $850 per month respectively. Together, the property produces a potential gross monthly income of $3,450 and an annual gross of $41,400, making it an attractive income-producing investment based on the income approach. Positioned directly on the light rail line and along the newly constructed Gold Line rapid transit corridor, this property stands at the intersection of accessibility and future growth. The Saint Paul Downtown Alliance and the City of Saint Paul have launched an ambitious initiative to repurpose downtown office buildings into 20,000 to 30,000 new residential units. This plan is expected to drive increased ridership, local business activity, and urban revitalization, creating a ripple effect that will make properties along the Gold Line even more valuable in the years to come. Beyond its strong fundamentals, the property’s flexibility adds a unique layer of opportunity. The commercial space could be leased traditionally or adapted for specialized use, while the residential units could also serve as short-term or mid-term rentals catering to business travelers and transit users. Investors seeking additional scale have the option to acquire the adjoining property at 365 Earl Street for a package sale, further enhancing income potential and property value. In short, this mixed-use building offers more than stable returns; it provides a foothold in one of Saint Paul’s most strategically positioned transit corridors. With reliable cash flow today and significant appreciation potential tied to the city’s long-term development plan, this property represents both solid investment performance and promising future upside. Buyer agent to verify all measurements.

1051 Hudson Road, Saint Paul

Listing courtesy of Keller Williams Premier Realty.

$2,100,000
6815092 MLS
RARE 2+ ACRE LAKE MINNETONKA DEVELOPMENT OPPORTUNITY IN MOUND: **This is an exceptional opportunity for visionary business owners and/or developers in a prime Lake Minnetonka location. This expansive 2+ acre property, with 5000+ sq. ft. of existing commercial, mixed/use space, offers stunning natural surroundings and significant potential for a variety of commercial uses. **Owned by the well-established Huber Funeral Homes, who are relocating their successful Mound business (including pre-arrangements) to their other (2) local sites in Excelsior and Eden Prairie which provides a huge opportunity for the right business! **Future possibilities include but not limited to: Grocery store (Aldi, Lunds & Byerly's, Kowalski's, Cub) Hotel, restaurant, Showrooms for products (Cambria, Slumberland, etc) church/ministry, pharmacy/drug store, bank, salon/spa, luxury high-end car sales w/limited inventory, hospital/urgent care, medical office, dental office, sports gym, event center, banquet hall, chiropractic, orthopedic, recording studios, dance studios, professional service... to name a few. **More than ample 60 parking spots for high-traffic businesses with woodlands & wildlife to the West and North, directly across from Harrison Bay on Lake Minnetonka. With Harrison Bay Senior Living next door to the south. **Attached are (3) car tuck-under garages with separate living on the north side of building including (2) bedrooms, kitchen, living room, porch and a private entrance. The existing building includes large meeting areas on the main level, which are perfect for product showrooms. **All just a few blocks north of 100's of local shops including, coffee, gas stations and restaurants with many new developments including the upper bracket town homes complex, Artessa by Cook's Bay. **Seize this chance to bring your vision to life in a sought-after, up & coming Gateway new development community!

1801 Commerce Boulevard, Mound

Listing courtesy of Up Front Homes.

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