1132 Payne Avenue offers a compelling value-add investment opportunity in Saint Paul’s Payne-Phalen corridor, a neighborhood undergoing significant revitalization. This mixed-use property features three fully occupied units, providing immediate income with strong upside potential through renovations and rent enhancements. Positioned in an active redevelopment zone near major projects like the Hamm’s Brewery redevelopment and the Latino Economic Development Center’s $1 million reinvestment, this property is well-situated for future growth and appreciation. With its central location and favorable B2 Community Business zoning, the building serves both commercial and residential uses, appealing to investors seeking stable returns and long-term value.