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213 4th Avenue SE

Cedar Rapids, IA 52403
  • $2,495,000
  • STATUS: Active
  • ON SITE: 29 Days
  • MLS #: 2601077
UPDATED: 60 min ago
$2,495,000
  • 0
    BEDS
  • 0.19
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 25,110
    SQFT
  • $99
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1900
County:
Area:

School Ratings & Info

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.

Monthly Payment Calculator

© 2026 Cedar Rapids Area Association of REALTORS® Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Graf Real Estate ERA Powered. Data last updated: 2026-03-15T06:42:38.943.
www.cedarrapidsareahomes.com/homes/173034103
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213 4th Avenue SE Cedar Rapids, IA 52403

  • Price: $2,495,000
  • Status: Active
  • On Site: 29 Days
  • Updated: 60 min ago
  • MLS #: 2601077
0
Beds
0
Baths
0
½ Baths
0.19
Acres
25,110
SQFT
$99
$/SQFT
1900
Built
Neighborhood:
SE Quadrant
County:
Linn
Area:
SE Quadrant
Property 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.
Exterior Features

Exterior Features Sprinkler / Irrigation Roof Membrane

Interior Features

Basement YN Yes Cooling Central Air Cooling YN Yes Flooring Carpet Heating Central Gas Heating YN Yes Interior Features Storage Levels Three Or More

Property Features

Association YN No Building Features Elevator(s) Private Restrooms Pole Sign Business Name Lattner Bldg Inclusions Building Land Lease Considered YN No Listing Terms Cash Other Possession Negotiable Property Sub Type Office Property Sub Type Additional Office Sewer Public Sewer Tax Annual Amount 48582 Utilities Electricity Available Natural Gas Available Water Source Public Zoning UDC Zoning Description UDC

Listing information © 2026 Cedar Rapids Area Association of REALTORS® Multiple Listing Service.
Listing provided courtesy of Erica Seelman of GLD COMMERCIAL: 319-731-3400.
© 2026 Cedar Rapids Area Association of REALTORS® Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Graf Real Estate ERA Powered. Data last updated: 2026-03-15T06:42:38.943.
 
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