White-Envelope Retail
For Lease
$20 SF/Yr
107 Hwy 1W, Iowa City, IA 52240
CommercialLease, IowaCity, IA
Space Size1,784 SF
Lot Size0.04 Acres
Days on Market31
Property Features for 107 Hwy 1W
General Information
Property type
Commercial Lease
Property subtype
Retail
Zoning
Commercial
Directions
Corner of Hwy 1W and Riverside Dr. Located right next to Sun Tan City and Fin and Feather in the Gateway One Shopping Center.
Subdivision
IowaCity
Standard status
Active
APN
1016408011
Lot size
0.04 Acres
Taxes and HOA fees
Tax Annual Amount
4894
Utilities
Heating system
Natural Gas, Forced Air
Cooling system
Central Air
Building Details
Year built
1966
Flooring type
Concrete
Building materials
Block
Roof type
Tar/Gravel
Listing Agency:
Ambrose & Associates, REALTORS
(319) 354-8118
Listed By:
Tina Frantz
(319) 621-2180
Added: Aug 6
Changed: Aug 19
Last Checked: Sep 5 at 6:06AM
MLS# 202604882
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.
Approximately 1,784 square feet of retail space is available within Gateway One Shopping Center. The suite is offered in white-envelope condition, allowing the interior to be configured for retail, office, medical, or service-oriented use, subject to lease terms and landlord approval. Tenant improvement and build-out terms are negotiable.
The property sits at the intersection of Highway 1 and Riverside Drive in Iowa City, next to Sun Tan City and Fin & Feather. Gateway One includes Starbucks, AutoZone, Arby's, Dollar Tree, Firehouse Subs, Pizza Ranch, and other national and local retailers and restaurants. The center provides convenient access and ample parking. The building was constructed in 1966 and features block construction, concrete flooring, natural gas forced-air heating, central air, and a tar-and-gravel roof.
The property sits at the intersection of Highway 1 and Riverside Drive in Iowa City, next to Sun Tan City and Fin & Feather. Gateway One includes Starbucks, AutoZone, Arby's, Dollar Tree, Firehouse Subs, Pizza Ranch, and other national and local retailers and restaurants. The center provides convenient access and ample parking. The building was constructed in 1966 and features block construction, concrete flooring, natural gas forced-air heating, central air, and a tar-and-gravel roof.
Key Highlights
- Approximately 1,784 square feet of retail space
- White‑envelope delivery supports customized interior build‑out
- Located at Highway 1 and Riverside Drive in Iowa City
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
919
Businesses Nearby
327k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 40%
Superstores 27%
Shops & Services 15%
Groceries 9%
Walmart
Superstores
88,081 visits/mo
0.5 miles
McDonald's
Dining
37,057 visits/mo
0.3 miles
Aldi
Groceries
28,506 visits/mo
0.3 miles
Culver's
Dining
26,507 visits/mo
0.3 miles
Kum & Go
Shops & Services
26,219 visits/mo
0.3 miles
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
$26.29 /SF/Yr
Avg Asking Price
$10.72–$46.67 /SF/Yr
Price Range
5,851 SF
Avg Space Size
This space is priced 24% below the average of $26.29 /SF/Yr.
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Commercial suite within a multi-tenant shopping center at Highway 1 and Riverside Drive.
Where is this retail space located?
The property is located at 107 Hwy 1W Iowa City, IA.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: Approximately 1,784 square feet of retail space; White‑envelope delivery supports customized interior build‑out; Located at Highway 1 and Riverside Drive in Iowa City
