Corner Retail Space with Free
For Lease
$24 SF/Yr CAM $0.68 /USD/SF/YR
1029 S Riverside Dr, Iowa City, IA 52240
COMMERCIAL - IowaCity, IA
Space SizeContact for details
Lot Size1.00 Acre
Days on Market520
Property Features for 1029 S Riverside Dr
General Information
Property type
Commercial Lease
Property subtype
Other
Zoning
Commercial
Interior features
ZeroStepEntry
Elementary school
Horn
Middle school
Northwest
Directions
South on Riverside Drive, Left on Hwy 1. Corner of S Riverside Dr and Highway 1.
Subdivision
IowaCity
Standard status
Active
APN
1016401010
Lot size
1.00 Acre
Taxes and HOA fees
Tax Year
2020
Tax Annual Amount
32796
Utilities
Heating system
Natural Gas, Forced Air
Cooling system
Central Air
Amenities
free parking
Building Details
Year built
1952
Flooring type
Concrete
Building materials
Frame, SteelOrMetal
Roof type
Composition
Listing Agency:
Lepic-Kroeger, REALTORS
(319) 351-8811
Listed By:
Ryan O'leary · License #S41249
(319) 594-7926
Added: Mar 11, 2025
Changed: Aug 4
Last Checked: Aug 12 at 9:06AM
MLS# 202501639
Copyright © 2026 Iowa City Area Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Retail space positioned at the corner of one of the busiest intersections in Iowa City at Hwy 1W and Riverside Drive, with plenty of free parking available in the multi-use space. The layout is flexible and can be built out for retail, restaurant, or office use, allowing an incoming tenant to tailor improvements to their concept.
Interior accessibility includes zero-step entry. The space features concrete flooring and is served by forced air heating with natural gas and central air conditioning. Construction is frame with steel or metal components, and the roof is composition.
The property is located on a 1-acre lot and was built in 1952. Zoning is Commercial.
Interior accessibility includes zero-step entry. The space features concrete flooring and is served by forced air heating with natural gas and central air conditioning. Construction is frame with steel or metal components, and the roof is composition.
The property is located on a 1-acre lot and was built in 1952. Zoning is Commercial.
Key Highlights
- Corner location at Hwy 1W and Riverside Drive in Iowa City
- Plenty of free parking available in the multi‑use space
- Flexible space can be built out for retail, restaurant, or offices
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$3.60 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
358
Businesses Nearby
Explore this area
Business Placement
Demographics for 52240, IA
34,224
Population
17,035
Households
2
Avg Household Size
29
Median Age
47%
College-Educated
94%
High-School Grad
142.1 sq mi
ZIP Area
241
Density / Sq Mi
$55,189
Median Household Income
$25,508
Median Earnings
$1,065
Median Rent
$241,100
Median Home Value
Market
Lease Benchmarks for Iowa City, IA
$22.6 /SF/Yr
Avg Asking Price
$10.72–$35.07 /SF/Yr
Price Range
6,858 SF
Avg Space Size
This space is priced 6% above the average of $22.6 /SF/Yr.
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail space at a busy intersection in Iowa City with free parking and zero-step entry for easy access.
Where is this retail space located?
The property is located at 1029 S Riverside Dr Iowa City, IA.
What is the lease rate?
The lease rate is $24 SF/Yr.
What are key features of this property?
This property features: Corner location at Hwy 1W and Riverside Drive in Iowa City; Plenty of free parking available in the multi‑use space; Flexible space can be built out for retail, restaurant, or offices
