Jones Lang LaSalle, Inc. ("JLL"), as the exclusive advisor, is pleased to present the opportunity to acquire the historic Berg Bag Building ("the Property") located at 410 N 3rd Avenue Minneapolis, MN 55401, a 4 story building totaling 21,875 SF, located in the highly sought-out North Loop district. The Property is currently 100% vacant.
This opportunity presents a chance for investors to acquire a historic asset which is attractive to multiple end-users as it is part of Minneapolis's 2040 Plan in the Transit 30 district. Further, the Property may have significant tax incentives for a new owner who is able to capitalize on the pending bill for the adaptive reuse of underutilized and vacant buildings.