Minneapolis · Commercial sale
People Serving People buys 219 4th St S in Minneapolis for $5.5 million
A commercial property at 219 4th St S, Minneapolis sold for $5,500,000 on September 4, 2026. See the seller and buyer net sheets for this sale.
What would your home net? Get a free Hennepin County seller net sheet Agents: send a branded net sheet like this to your seller, free
- Sale price
- $5,500,000
- Sold
- September 4, 2026
- Property type
- Commercial property
- Lot size
- 6,970 sq ft
- Year built
- 1914
A commercial property at 219 4th St S in Minneapolis sold for $5,500,000 on September 4, 2026, according to the Certificate of Real Estate Value filed with the Minnesota Department of Revenue. The sale price marks a steep decline from the $12,000,000 the property fetched in 2020, per Assessor's records.
The seller is County of Hennepin, and the buyer is People Serving People, INC.
Assessor's records also show the building was constructed in 1914 and the lot spans 6,970 square feet.
What this sale costs to close
What does closing cost at this price? Under Hennepin County custom the seller's larger charges are $18,700 for the state deed tax + Environmental Response Fund (Hennepin/Ramsey) and $10,600 for the owner's title insurance policy. The seller's estimated net is $5,429,314 before brokerage commissions and any loan payoff. A cash buyer would need about $5,459,505 at closing.
Source: Minnesota Department of Revenue, Certificates of Real Estate Value, document 1918944. Property details: Hennepin County Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.
