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Retail, Residential & Land Portfolio

2 Properties Offered at $600,000 in Multiple Locations

Investment Highlights

  • Neighborhood Staple
  • Close proximity to highway 35
  • Heavy foot traffic

Executive Summary

Obsidian Group is proud to present this unique retail and residential portfolio. Magnolias restaurant was a local favorite for decades after some internal fire damage ownership has decided to sell the restaurant (not the Magnolia name) the neighboring triplex, parking lot, and vacant land north west of the restaurant. The building is zoned B-2 allowing a wide variety of uses for your business.

Property Facts

Price $600,000
Price / SF $600.00 / SF
Sale Type Investment or Owner User
Status Active
Number of Properties 1
Individually For Sale 0
Total Building Size 1,000 SF
Total Land Area 0.10 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
1081 Payne Ave, Saint Paul, MN 55130 Retail 1,000 SF 1960 -
Triplex Land 0.09 AC - -
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Amenities

  • Bus Line
  • Dedicated Turn Lane
  • Signage
  • Signalized Intersection
  • Listing ID: 34148625

  • Date on Market: 12/10/2024

  • Last Updated:

  • Address: Retail, Residential & Land Portfolio, Saint Paul, MN

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