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848 Payne Ave
Saint Paul, MN 55130

$2,722 - $3,928 USD/MO

Apartments For Lease  •  2,333+ SF

Property Details

  • Property Type Apartments
  • Year Built 2021
  • Total Building Size 78,000 SF
  • Building Class A
  • Zoning T2
0 Transit Score
83 Walk Score

2 Spaces Available

Name Space Use Size Rent Details
1st Floor Ste 100 Retail 3,367 SF $14.00 USD/SF/YR 
Restaurant ready space
Corner location
Dedicated parking

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Triple Net
  • Space Type: New
1st Floor Ste 200 Retail 2,333 SF $14.00 USD/SF/YR 
Small retail/deli/coffee space
Office
Endcap

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Triple Net
  • Space Type: Relet

Description 

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.

Highlights

Ground level retail space for lease
Onsite shared parking
5,600 SF (divisible)

Property Flyers

Amenities

  • Controlled Access
  • Dishwasher
  • Fitness Center
  • Microwave
  • Washer/Dryer
  • Grill
  • Package Service
  • Pet Play Area
  • Walking/Biking Trails
  • Refrigerator
  • Oven
  • Walk-In Closets
  • Bicycle Storage
  • Maintenance on site
  • Pet Care
  • Pet Washing Station
  • Window Coverings

Public Transportation

Commuter RailDriveWalkDistance
St. Paul-Minneapolis (Empire Builder - Amtrak) 5 min - 1.8 mi
AirportDriveWalkDistance
Minneapolis-St Paul International/Wold-Chamberlain 20 min - 11.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 92
Type: AttachedGarage
Included in Rent: Yes
Erin Larson 612-314-1692 Schafer Richardson
Erin Larson 612-314-1692 Schafer Richardson