For Auction
Asset Snapshot
Investment Highlights
Offering Summary
Brokered by Marcus & Millichap and powered by RealINSIGHT Marketplace, the Old Republic Title Building at 400 2nd Avenue South is a fully vacant, twelve-story, 135,778 SF office tower poised for conversion into up to 165 multifamily units in the heart of downtown Minneapolis. Built in 1929 as the Hodgson Building and later home to General Mills and Old Republic National Title Insurance Company, the property retains expansive steel-framed windows, sweeping city views, and structural bones suited to studio, alcove, one-bedroom, and two-bedroom layouts. Third-party partners BKV Group (architecture) and New History (historic consulting) are already engaged, and the building may qualify for listing on the National Register of Historic Places, unlocking 20% federal and 20% state historic tax credits to substantially offset conversion costs. Situated at the convergence of the CBD, Downtown East, and Gateway Districts, the asset sits minutes from U.S. Bank Stadium, the Mississippi riverfront, and Minneapolis's skyway network, positioning it to capture housing demand from a metro adding more than 170,000 residents by 2028.
Due Diligence
Transaction Managers
Platform Fee
Buyer pays a minimum platform fee of 5% or $25,000 at closing.
How it Works
Learn about bidding, reserve prices, and closing.
Read the auction guideAuctioneer
Need Help?
Your transaction managers are your first point of contact for any auction or process questions. For additional support:
Investment Sales Brokers
Disclaimers
The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions. Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property. You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.
