612-217-5157
410 N 3rd Ave, Minneapolis, MN for Sale
Office - FOR SALE
1/8
null | Request Cap Rate

410 N 3rd Ave
Minneapolis, MN 55401


HIGHLIGHTS

  • Value-add opportunity
  • Highly accessible
  • Desirable North Loop Neighborhood

OVERVIEW

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.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Berg Bag Building

PROPERTY TYPE

Office

ADD'L SUBTYPES

Freestanding, Restaurant, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

C

YEAR BUILT

1884

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,663 SF

ZONING

DT1

APN/PARCEL ID

22-029-24-42-0045

ASK ABOUT THIS PROPERTY

612-217-5157

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612-217-5157

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