Description

INVESTOR OR OWNER-OCCUPANT OPPORTUNITY AT THE HISTORICAL LATTNER BUILDING. *OPPORTUNITY ZONE* Direct skywalk and parking ramp access for easy parking. This is a fully leased investment opportunity in downtown Cedar Rapids with a going-in CAP rate of 9.96%. Remaining lease term has annual rental increases in place. This property could also be available for an owner/occupant for the entire building, or a portion of the building (Contact Listing Agent for more details). The property has been well-maintained with recent updates, including newer roof top units, upgraded 1st floor zone system, key card access, security door and cameras, basement dehumidifiers.

Listing ID #2601077

Commercial Sale

213 4th Avenue SE
Cedar Rapids, Iowa 52403

$2,495,000
Square Feet25,110
Lot Size0.19 Acre
Country : US
State : IA
County : Linn
City : Cedar Rapids
Zipcode : 52403
StatusActive
Virtual Tour: View Tour
Listing Agent
Erica Seelman
GLD COMMERCIAL
Mortgage Calculator
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Features
2601077
25,110 Sqft
Sprinkler/Irrigation
3
From 1st Ave SE, travel south on 3rd St. SE, turn west on 4th Ave SE. The property is located on the south side of 4th Ave SE.
Additional Details
0.19 Acre
Central Air
Central, Gas
Membrane
Storage
02-13-2026
.193 Ac

Information on this page deemed reliable, but not guaranteed to be accurate. Listing information was entered by the listing agent and provided by ICAAR (Iowa City Area Association of REALTORS®) MLS and CRAAR (Cedar Rapids Area Association of REALTORS®) MLS. Urban Acres claims no responsibility for any misinformation, typographical errors, or misprints displayed from the MLS sources.

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