Hennepin County Building Acquisition at 219 South 4th Street

Hennepin County is seeking to acquire a property located at 219 South 4th Street in Minneapolis, MN. The property includes an approximately 40,434 square foot building and approximately 0.16 acres of land, along with all existing furniture and equipment. The county will prepare an initial draft of the Purchase Agreement within ten business days of executing a Letter of Intent. A 60-day Due Diligence Period will follow the execution of the Purchase Agreement, during which the buyer will examine the property and determine its suitability for their proposed use. The closing is scheduled to occur by September 1, 2026, or another mutually agreeable date. The county will provide a title commitment for the property within 5 business days of the Purchase Agreement's effective date.