Located in the Payne Avenue Commercial Vitality Zone — one of five Saint Paul corridors receiving ~$750K/year in dedicated sales tax investment for business development, façade improvements, and streetscape enhancements.
Saint Paul — Commercial Vitality Zones ↗Within a HUD-designated Qualified Census Tract — LIHTC projects here receive a 30% basis boost, significantly increasing the tax credit allocation for affordable housing development.
HUD — LIHTC Qualified Census Tracts ↗Property type suggests multifamily rental use — may qualify for the Saint Paul 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.
Saint Paul — 4d Affordable Housing Incentive ↗Saint Paul's Sales Tax Revitalization (STAR) program provides grants and loans for commercial, mixed-use, and neighborhood improvement projects. Applications accepted annually.
Saint Paul — STAR Program ↗Affordable housing developments in QCTs receive a 30% increase in eligible basis for Low Income Housing Tax Credits — materially improving project feasibility. Allocated through MHFA.
HUD — LIHTC Qualified Census Tracts ↗The Payne Avenue corridor receives dedicated CVZ funding (~$750K/year across all zones) for business recruitment, façade improvements, and public space enhancements. Contact Saint Paul PED for current grant cycles.
Saint Paul — Commercial Vitality Zones ↗Signals are based on public datasets; program eligibility requires verification.
2 permits on record since 2015 · Most recent: Oct 2018 (building permit)
Trinity Exteriors Inc.
ESCAPE FIRE PROTECTION
Source: Saint Paul open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Payne-Phalen District 5 Planning Council · Saint Paul
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 330
General Business — highway and auto-oriented commercial
Setbacks
Estimated Buildable Footprint
Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.
No buildable area could be estimated under current zoning setbacks. The lot may be too small or the setbacks consume the entire parcel.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 568 BEAUMONT ST | HOUSING AND REDEV AUTHORITY | EXEMPT, VACANT LAND | $11,100 | 47 ft |
| 663 PAYNE AVE | HOUSING AND REDEV AUTHORITY | EXEMPT, VACANT LAND | $37,000 | 79 ft |
| 655 PAYNE AVE | LA PALMA PROPERTIES LLC | IND WAREHOUSE | $1,417,300 | 82 ft |
| 565 BEAUMONT ST | HOUSING AND REDEV AUTHORITY OF ST PAUL | RESID/EXEMPT VACANT LAND | $18,800 | 181 ft |
| 672 BEDFORD ST | OSVALDO GARCIA DURAN | TWO FAMILY DWELLING - UP/DWN | $216,300 | 185 ft |
| 676 BEDFORD ST | CITY OF ST PAUL | EXEMPT PROP. OWNED BY MUNICIPALS | $655,800 | 185 ft |
| 662 PAYNE AVE | O I G HOLDINGS LLC | SMALL (UNDER 10,000 SF) DET. RETAIL | $171,800 | 189 ft |
| 0 PAYNE AVE | FREDERICK PETER YARUSSO MICHAEL JOSEPH YARUSSO | COMMERCIAL VACANT LAND | $32,900 | 189 ft |
| 557 BEAUMONT ST | LAWRENCE T TROOIEN | SINGLE FAMILY DWELLING, PLATTED LOT | $206,700 | 190 ft |
| 575 BEAUMONT ST | RACHEL TOLO ISAIAH TOLO | TWO FAMILY DWELLING - UP/DWN | $260,000 | 194 ft |
Most Recent Sale