Retail Space with
For Lease
$24 SF/Yr CAM $0.68 /USD/SF/YR
1029 S Riverside Dr, Iowa City, IA 52240
CommercialLease, IowaCity, IA
Space SizeContact for details
Lot Size1.00 Acre
Days on Market533
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
Forced Air, Natural Gas
Cooling system
Central Air
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 19
Last Checked: Aug 25 at 8:06PM
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.
This retail space is part of a multi-use property with an adaptable interior suited to retail, restaurant, or office build-out. The premises feature concrete flooring, a zero-step entry, central air conditioning, and forced-air heat powered by natural gas. Frame and steel or metal construction support the existing structure.
The 1-acre property occupies the corner of Hwy 1W and Riverside Drive in Iowa City. Free on-site parking is available, providing practical access for customers, employees, and visitors. Commercial zoning supports the property’s stated retail, restaurant, and office-oriented configuration.
The 1-acre property occupies the corner of Hwy 1W and Riverside Drive in Iowa City. Free on-site parking is available, providing practical access for customers, employees, and visitors. Commercial zoning supports the property’s stated retail, restaurant, and office-oriented configuration.
Key Highlights
- 1‑acre commercial property at the corner of Hwy 1W and Riverside Drive
- Build‑out options include retail, restaurant, or office use
- Free parking available within the multi‑use property
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.60 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,145
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
$22.97 /SF/Yr
Avg Asking Price
$10.72–$35.07 /SF/Yr
Price Range
7,830 SF
Avg Space Size
This space is priced 4% above the average of $22.97 /SF/Yr.
Vacancy Rate% for Office 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 - Commercially zoned corner space offers build-out flexibility for retail, restaurant, or office occupancy.
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: 1‑acre commercial property at the corner of Hwy 1W and Riverside Drive; Build‑out options include retail, restaurant, or office use; Free parking available within the multi‑use property
