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Multi-Use Corner Commercial Space

1029 S Riverside Dr Iowa City, IA 52240

1029 S Riverside Dr, Iowa City, IA, 52240
$24 SF/Yr
For Lease
$24 SF/Yr

COMMERCIAL - IowaCity, IA

Lot Size1.00 Acre
Days on Market494

Property Features for 1029 S Riverside Dr

General Information

Property type
Commercial Lease
Property subtype
Other
Zoning
Commercial
Interior features
ZeroStepEntry
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

Building Details

Year built
1952
Flooring type
Concrete
Building materials
Frame, SteelOrMetal
Roof type
Composition
Listing Agency Lepic-Kroeger, REALTORS
2346 MORMON TREK BLVD SUITE #2000, Iowa City, IA
Listed by Ryan O'leary
Added: Mar 11, 2025 Checked: Jul 17 at 12:06 am
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 brand-new multi-use commercial space is positioned for flexible occupancy, with an adaptable layout intended to support retail, restaurant, or office use. The offering includes plentiful on-site free parking, which can benefit both customers and employees depending on the tenant’s concept. The space is available for lease under a NNN-style structure, with additional charges for insurance, taxes, and CAMS.

The property sits at a corner location at one of the busiest intersections in Iowa City, at the junction of Hwy 1W and Riverside Drive. Its visibility and access from a high-traffic corridor make it well suited for businesses that rely on drive-by exposure and convenient parking.

For tenants, this flexibility can help accommodate a range of operational needs, from storefront retail and dine-in concepts to professional office environments. The commercial zoning supports a variety of neighborhood-serving uses, and the location’s corner presence with abundant free parking can help reduce friction for day-to-day customer access. Bring your intended build-out plan and operating requirements—this space is designed to be worked into a tenant-specific configuration.

Key Highlights

  • Corner location at Hwy 1W and Riverside Drive in Iowa City
  • Multi‑use space with free parking available
  • Base rent listed as $24/SF NNN; additional charges shown include insurance, taxes, and CAMS

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

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

Suggested Use

Big Box & Wholesale Store Storage Facility HVAC Service Building Supply Garden Center (Bike/Boat/Book/etc) Store Locksmith Carpet & Flooring Store Furniture & Home Goods Travel Agency

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

FAQs

What type of property is this?
Retail space - Brand-new corner space with on-site free parking, offering flexibility for retail, restaurant, or office build-outs.
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; Multi‑use space with free parking available; Base rent listed as $24/SF NNN; additional charges shown include insurance, taxes, and CAMS
Contact an agent
More about this property
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