213 4th Avenue SE Cedar Rapids IA 52403
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213 4th Avenue SE Cedar Rapids IA 52403
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.
MLS#
2601077
Price
$2,495,000
Status
Active
Property Type
Commercial Sale
Property Subtype
Office
Property Features
Lot Size:
0.193 Acres
Taxes
$48,582
Property Descriptions
Parcel#
14281-33003-00000
Utilities
Electricity Available, Natural Gas Available
Lot Dimensions:
0.193 Acres
Total Building Square Footage:
25,110 /SF
Sewer
Public Sewer
Water
Public
Listed By / Shown By
Agency Name:
GLD COMMERCIAL
Agent Name:
Erica Seelman
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