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    1029 S Riverside Dr Iowa City, IA 52246

    For Sale
    $800,000

    Commercial - IA

    Lot size:
    1.01 Acres
    Days on Market:
    133
    Last Refresh:
    Dec 7 at 7:06 pm

    Property Features for 1029 S Riverside Dr

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    CC2
    APN
    1016401010
    Interior features
    Zerostepentry
    Lot size
    1.01 Acres

    Utilities

    Heating system
    Central, Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1952
    Flooring type
    Concrete, Vinyl
    Building materials
    Block, Frame, Glass
    Architectural style
    Other

    Lepic-Kroeger, REALTORS (319) 351-8811 [email protected]

    Listing agent Ryan O'Leary (319) 351-8811

    Listing date Jul 28, 2025

    MLS# 202504732 Listing URL

    Copyright © 2025 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.

    Overview

    Restaurant and Retail Space Available

    This commercial space presents a rare opportunity for ownership. Unit 300 features 4991 square feet of restaurant and retail space, complete with a new hood system and buildout ready for new equipment and a new concept. The unit also includes overhead door access to a large warehouse. Located at 1029 Riverside Drive, the property has been completely renovated for multiple tenants and is situated at one of the busiest intersections in the area. A large parking field is available for both customers and employees. The property is zoned CC2 and the lot size is 1.01 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    T-Mobile Cell Phone Store Hertz - Uber Iowa ... Car Rental Agency Thrifty Car Rental ... Car Rental Agency Walgreens Community Pharmacy Medical Clinic Hertz Car Rental ... Car Rental Agency

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Iowa City
    County
    Johnson
    State
    Iowa
    Longitude
    -91.540879
    Latitude
    41.648159

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    FAQs

    What type of property is this?
    Restaurant - Commercial space with restaurant buildout and warehouse access for sale.
    Where is this restaurant located?
    The property is located at 1029 S Riverside Dr Iowa City, IA.
    What is the asking price?
    The asking price for this property is $800,000.
    What are key features of this property?
    This property features: - Restaurant/Retail Space: 4991 sq ft ready for new equipment and concept.; - New Hood System: Includes a new hood system already installed.; - Overhead Door Access: Features overhead door access to a large warehouse.
    (319) 351-8811
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1029 S Riverside Dr Iowa City, IA 52246
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