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.

Features
: Central, Gas
: Central Air
: Sprinkler/Irrigation
: Carpet
: Storage
: Public Sewer
: Electricity Available, Natural Gas Available
Address Map
IA
Linn
Cedar Rapids
52403
4th
213
Avenue
W92° 20' 3.2''
N41° 58' 34.4''
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.
SE Quadrant
SE
UDC
MLS Addon
GLD COMMERCIAL
Erica Seelman
Sqft0
Sqft0
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Additional Information
: Three Or More
.193 Ac
2026-02-13
3
3
https://www.propertypanorama.com/instaview/cdr/2601077
: Public
Financial
48582.0
Listing Information
Jennifer Sexton
sextonjennif121
CGLDC
GLD COMMERCIAL
seelmanerica121
CGLDC
Cash, Other
Active
2026-02-24T18:55:24Z
CDR
2026-02-13T12:13:50Z

213 4th Avenue Se, Cedar Rapids, Iowa 52403 - Commercial Sale For Sale

213 4th Avenue Se, Cedar Rapids, Iowa 52403

25,110 Sqft
$2,495,000
Listing ID #2601077
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 2601077
Price : $2,495,000
Square Footage : 25,110 Sqft
Year Built : 1900
Lot Area : 0.19 Acre
Status : Active
Property Sub Type : Office
Roof : Membrane
Agent info
Twenty40 Real Estate + Development
2496 Roycroft Alley
Contact Agent