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Historic Office Building with Skywalk
New
For Lease
$2,325,000

213 4th Avenue Se, Cedar Rapids, IA 52403

Three-story office property with direct skywalk and city parking ramp access.

Space SizeContact for details
Property Size25,000 SF
Days on Market5

Property Features for 213 4th Avenue Se

General Information

Standard status Active
Size 25,000 SF
Property subtype Commercial
Zoning UDC

Additional Details

Space Use Office
Opportunity Zone Yes

Amenities

skywalk access
city parking ramp access
basement storage
roof-top units
upgraded 1st floor zone system
key card access
security door
cameras

Building Details

Year Built 1900
Stories 3
Building Size 25,000 SF
Listing Agency: GLD COMMERCIAL
Listed By: Erica Seelman · License #S64720000
Source: Q4realestate
Added: Sep 4 Last Checked: Sep 8 at 3:35AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of GLD COMMERCIAL

Investment Insights

Based on property information with market context.

The Lattner Building is a historic office property encompassing 25, 000+ square feet across floors 1-3, with additional basement space for storage. Built in 1900, the building has received recent improvements that include newer rooftop units, an upgraded first-floor zone system, key card entry, a security door, and cameras. Zoning is UDC.

Located at 213 4th Avenue SE in downtown Cedar Rapids, the property connects directly to a skywalk and city parking ramp, supporting convenient access for occupants and visitors. Restaurants and other downtown amenities are within walking distance. The building is situated in an Opportunity Zone and offers flexible office space for companies seeking occupancy.

Key Highlights

  • 25, 000+ square feet of office space across floors 1‑3
  • Direct skywalk and city parking ramp access
  • Built in 1900 with recent building updates

Property Analytics

Current Use

Cedar Rapids SR22 ... Financial Advisor

Suggested Use

Top Pick Auto Parts Store Barber Shop Locksmith (Bike/Boat/Book/etc) Store Pet Grooming Service Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

4,055
Businesses Nearby

Demographics for 52403, IA

23,012
Population
10,759
Households
2.1
Avg Household Size
41
Median Age
40%
College-Educated
95%
High-School Grad
26.3 sq mi
ZIP Area
875
Density / Sq Mi
$73,848
Median Household Income
$46,148
Median Earnings
$857
Median Rent
$190,700
Median Home Value

Market

Lease Benchmarks for Cedar Rapids, IA

$9.42 /SF/Yr
Avg Asking Price
$0.99–$17 /SF/Yr
Price Range
63,823 SF
Avg Space Size

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Three-story office property with direct skywalk and city parking ramp access.
Where is this office building located?
The property is located at 213 4th Avenue Se Cedar Rapids, IA.
What is the lease rate?
The lease rate is $2,325,000.
What are key features of this property?
This property features: 25, 000+ square feet of office space across floors 1‑3; Direct skywalk and city parking ramp access; Built in 1900 with recent building updates
More about this property
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