1146 Payne Avenue

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1146 Payne Avenue

St Paul, MN 55130
Asking Price
$375K
Asset Type
Storefront Retail
Class
Class B

What's Special

Standalone Retail For Sale <p>Freestanding stand-alone building β€” no shared walls, full site control</p><p>Hard corner, signalized intersection with exceptional visibility and ingress/egress</p><p>8,369 VPD on Payne Avenue</p><p>Tanks & pumps removed β€” clean, remediated site ready for immediate occupancy</p><p>Zoned B-2 Community Business β€” retail, restaurant, service & more permitted</p><p>Surrounded by national tenants: McDonald's, Caribou Coffee, Walgreens, AutoZone</p><p>& more</p>

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NOI
$80,000
Cap Rate
21.33%
DSCR
3.59
Strong
Cash-on-Cash
51.32%
Monthly Payment
$1,855.295
Annual Cash Flow
$57,736.455

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