213 4th Ave SE

213 4th Ave SE, Cedar Rapids, IA 52401

OFFICE For Sale

Year Built: 1900

Floors: 3

Class: C

Available Spaces

SpaceSizeTypePricing
Lattner Building | Office Building Investment Opportunity for Sale SALE $2,495,000.00

Contact

Erica Seelman - GLD Commercial

PHONE: 3197313412

Jenn Sexton - GLD Commercial

PHONE: 3197313413

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. • Fully leased • Downtown office building • Adjacent to a city parking ramp • Connected to skywalk system