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213 4th Avenue SE Cedar Rapids, IA 52403 Commercial - Office Active

New - 29 Hours Ago
  • 213 4th Avenue Se, Cedar Rapids, IA 52403 Main Photo

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Description

*OPPORTUNITY ZONE* FOR SALE OR FOR LEASE: THE HISTORICAL LATTNER BUILDING. This downtown property features 25,000+ square feet of office space, perfectly suited for an owner/occupant, investor, or tenant. Direct skywalk and city parking ramp access for easy parking and accessibility. This property is located in the heart of downtown Cedar Rapids in an Opportunity Zone, with walkability to neighborhood restaurants and amenities. The building has been well maintained with recent updates, including newer roof-top units, upgraded 1st floor zone system, key card access, security door and cameras. This property features a basement for bonus square footage and storage opportunities. Flexible square footage is available for companies seeking a lease opportunity.

Property Highlights

Property Type: Commercial - Office
Building Description: 3.0 stories
Year Built: 1900

General Information

County: Linn
Listed By:
GLD COMMERCIAL Erica Seelman 319-731-3400
Cedar Rapids MLS
$2,325,000
Est. $15,670/mo
New to the Market Active
SQUARE FEET25,110 MLS#2606184
STATUSActive PROPERTY TYPECommercial - Office

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Ruhl&Ruhl Realtors

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213 4th Avenue Se, Cedar Rapids, IA 52403.

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Loan Type FHA 30 Year FixedVA 30 year fixed30 yr Jumbo
Purchase Price $2,325,000$2,325,000$2,325,000
Down Payment $81,375$0$465,000
Monthly Mortgage Amount $14,242$15,012$11,756
Taxes $3236$3236$3236
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $1,395$0$0
Monthly Estimated Total $19,551$18,926$15,670

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