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213 4th Ave SE
Cedar Rapids, IA 52403
Lattner Building · Office Property For Sale
PROPERTY FACTS
ABOUT 213 4TH AVE SE , CEDAR RAPIDS, IA 52403
Opportunity Zone Alert! Great investment opportunity in the historic Lattner Building. The second and half of third floor is leased on 5 year lease terms with a current gross income of $227,382. Great upside with lease of the main floor and balance of the third floor or for an owner occupant to take the 1st floor and have the building cash flow from leased spaces. Ideal location in the core of the central business district with adjacent parking ramp space and amenities nearby. It is a great time to invest in downtown Cedar Rapids after years of public infrastructure projects. The core area is experiencing a transformation with a host of new and repurposed buildings, a significant creation of urban housing, and renewed focus on public amenities.
PROPERTY TAXES
| Parcel Number | 14281-33003-00000 | Improvements Assessment | $1,482,700 |
| Land Assessment | $168,000 | Total Assessment | $1,650,700 |
PROPERTY TAXES
