The Historic Lattner Building presents an opportunity to acquire a multi-story downtown office asset in the heart of Cedar Rapids. Located within a designated Opportunity Zone, the property offers a combination of historic character, functional office space, and long-term repositioning potential for investors and owner-users alike. The building contains approximately 25,110 square feet and benefits from direct connectivity to the downtown skywalk system and an adjacent city parking ramp, enhancing accessibility for tenants, employees, and visitors.
The property has been maintained and updated with improvements that support ongoing operations, including newer rooftop units, an upgraded first-floor zone system, key card access, security doors, and camera systems. A basement level provides additional storage and support space, creating operational flexibility for a variety of business uses. The Urban Downtown Core zoning designation further supports a broad range of potential occupancy strategies.
Positioned within downtown Cedar Rapids, the asset is surrounded by restaurants, services, and business amenities that contribute to a walkable urban environment. Its central location provides convenient access to the city's commercial core while benefiting from continued investment activity associated with the Opportunity Zone designation. Qualifying investments may be eligible for applicable Opportunity Zone tax benefits.
For investors seeking a value-add office asset or businesses looking to establish a headquarters presence in downtown Cedar Rapids, the Historic Lattner Building offers a combination of accessibility, historic significance, and operational flexibility.