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NOVA SP 848 Payne Ave 2,333 - 5,700 SF of 4-Star Retail Space Available in Saint Paul, MN 55130
HIGHLIGHTS
- Ground level retail space for lease
- 5,600 SF (divisible)
- Onsite shared parking
ALL AVAILABLE SPACES(2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- SPACE USE
- CONDITION
- AVAILABLE
Restaurant ready space Corner location Dedicated parking
- Lease rate does not include utilities, property expenses or building services
Small retail/deli/coffee space Office Endcap
- Lease rate does not include utilities, property expenses or building services
- Highly Desirable End Cap Space
| Space | Size | Term | Rental Rate | Space Use | Condition | Available |
| 1st Floor, Ste 100 | 3,367 SF | Negotiable | $14.00 /SF/YR $1.17 /SF/MO $47,138 /YR $3,928 /MO | Retail | Shell Space | Now |
| 1st Floor, Ste 200 | 2,333 SF | Negotiable | $14.00 /SF/YR $1.17 /SF/MO $32,662 /YR $2,722 /MO | Retail | Shell Space | Now |
1st Floor, Ste 100
| Size |
| 3,367 SF |
| Term |
| Negotiable |
| Rental Rate |
| $14.00 /SF/YR $1.17 /SF/MO $47,138 /YR $3,928 /MO |
| Space Use |
| Retail |
| Condition |
| Shell Space |
| Available |
| Now |
1st Floor, Ste 200
| Size |
| 2,333 SF |
| Term |
| Negotiable |
| Rental Rate |
| $14.00 /SF/YR $1.17 /SF/MO $32,662 /YR $2,722 /MO |
| Space Use |
| Retail |
| Condition |
| Shell Space |
| Available |
| Now |
1st Floor, Ste 100
| Size | 3,367 SF |
| Term | Negotiable |
| Rental Rate | $14.00 /SF/YR |
| Space Use | Retail |
| Condition | Shell Space |
| Available | Now |
Restaurant ready space Corner location Dedicated parking
- Lease rate does not include utilities, property expenses or building services
1st Floor, Ste 200
| Size | 2,333 SF |
| Term | Negotiable |
| Rental Rate | $14.00 /SF/YR |
| Space Use | Retail |
| Condition | Shell Space |
| Available | Now |
Small retail/deli/coffee space Office Endcap
- Lease rate does not include utilities, property expenses or building services
- Highly Desirable End Cap Space
PROPERTY FACTS
| Total Space Available | 5,700 SF | Apartment Style | Mid-Rise |
| No. Units | 97 | Building Size | 78,000 SF |
| Property Type | Multifamily | Year Built | 2021 |
| Property Subtype | Apartment |
| Total Space Available | 5,700 SF |
| No. Units | 97 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Size | 78,000 SF |
| Year Built | 2021 |
ABOUT THE PROPERTY
Located at 848 Payne Avenue, in the heart of St. Paul’s East Side, Nova SP is Schafer Richardson’s fourth affordable housing project and is the company’s first affordable housing project in Ramsey County. The development will consist of 99 studio, one, and two-bedroom units along with 5,600 square feet of ground floor commercial space. The apartment units will be rent restricted for households earning at or below 60% of the Area Median Income. Resident amenities include a fitness center, bike storage, package notification and storage system, dog park, outdoor patio space, and on-site management. The development will be Enterprise Green Communities certified and will include energy and water efficiency measures, innovative stormwater management measures, healthy interior materials, and a 130kW solar photovoltaic array on the roof. The development is also designed towards SB 2030 standards. Nova SP is Schafer Richardson’s first Opportunity Zone project and is also the first low-income housing tax credit and opportunity zone project to close in Minnesota. Construction is expected to last from June 2020 to August 2021.
NEARBY MAJOR RETAILERS
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NOVA SP | 848 Payne Ave
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