DeDe Heller
(701) 293-3333
- Market Watch
- Buyers
- Property Search
- Sellers
- Customer Reviews
- Market Watch for Buyers
- Virtual Market Analysis for Buyers
- Map Search
- Market Watch for Sellers
- Virtual Market Analysis for Sellers
- Customer Reviews
- Home
- Atlas Search
- My Home Finder
- New Listings
- Elegant Homes
- Virtual Market Analysis
- My Listings
- Valuable Resources
- Calculators
- Open Houses
- Contact Me
- Home
34 Total Photos [Click to View All]
Listing Details
- $1,495,000
- MLS# 6808068
- Type Commercial - Business
- Status Active
Listed By
Agency Name: Keller Williams Premier Realty
Agency Phone: 651-379-5252
Shown By
Agent Name: DeDe Heller
Agent Phone: (701) 293-3333
Agency Title: Town & Country Realty
Home Value Estimate
Description
Prime Payne Ave mixed-use opportunity with income now and upside later. 883 Payne Ave offers 7 total units including two street-level restaurant suites plus five apartments, all complemented by a rare on-site parking lot. Current operations generate $192,792 in gross/effective income with $88,315 NOI, and pro forma projections support $214,200 income and $109,723 NOI through improved rents and continued stabilization. High-visibility corridor location with long-term flexibility for investors seeking strong cash flow, value-add potential, and future redevelopment optionality. All tours require proof of funds and/or approval of financing. ...read more
Features
- Heating: Boiler
- Stories: 2.0
- Taxes: $22,870
- Water: City Water/Connected
- Year Built: 1906
Gallery
Listed By
Agency Name: Keller Williams Premier Realty
Agency Phone: 651-379-5252
Shown By
Agent Name: DeDe Heller
Agent Phone: (701) 293-3333
Agency Title: Town & Country Realty
Select a format below, new window will open and will prompt you to print.
My Home Finder
Sign up for a HomeFinder account and save favorite listings, favorite property searches, and schedule daily email with new listings matching your specified criteria!
Have an account? Login:
By searching Listing Data you agree to this End User License Agreement
© 2026 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
Member Participants (and their affiliated licensees, if applicable) shall indicate on their websites that IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Privacy Policy / DMCA Notice / ADA Accessibility
