747 Payne Ave 8,333 SF Industrial Building Saint Paul, MN 55130 $1,441,000 ($172.93/SF)

Positioned on a prominent corner along the revitalizing Payne Avenue commercial corridor, this standalone industrial commercial property at 747 Payne Avenue offers a compelling blend of flexibility, functionality, and long-term value within the St. Paul marketplace. Constructed with durable cinder block and brick, the building represents a rare urban industrial asset in the city—enhanced by a series of meaningful capital improvements including new windows added in late 2023 and early 2026, updated HVAC systems in 2024, LED lighting, steel entry doors, fresh interior and exterior paint, and roofing upgrades scheduled for completion in 2026.
The property’s layout supports a wide range of uses through four distinct spaces featuring drive-in access, a loading dock, ramp access, Phase 3 power, and a backup generator. Heated and non-heated areas accommodate various operational needs, while practical additions including restrooms, utility sinks, and storage enhance day-to-day functionality. Zoned for industrial commercial use, the site is approved for general retail, grocery, restaurant, light industrial, wellness, health clubs, service businesses, storage, and limited production and processing under 15,000 square feet of cannabis cultivation or manufacturing.