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Iowa City, IA Storefront Properties for Sale

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Renovated Multi-Tenant Shopping Center
Updated: Mar 11, 2025
Renovated Multi-Tenant Shopping Center

Iowa City, IA 52246

$2,750,000
1.01 AC lot
Renovated 1.01‑acre shopping center configured for multiple tenants
Varied suite sizes accommodate a range of retail occupants
Large parking field for customers and employees
CC2 zoning
Located at 1029 S Riverside Dr, Iowa City, IA 52246
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Convenience Store Building with Cooler
Updated: Jan 20, 2025
Convenience Store Building with Cooler

Iowa City, IA 52246

$950,000
0.81 AC lot
2,752 SF commercial building on 0.81 acres
CN1 Neighborhood Commercial zoning
Walk‑in cooler, fixed counters, and checkout counter remain
Former tanks, canopy, and fuel pumps have been removed
Central air and forced‑air natural gas heating
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Absolute NNN Retail Property
Absolute NNN Retail Property

121 W Benton St., Iowa City, IA 52246

$1,350,000
4,480 sqft

The property is subject to an absolute NNN lease with tenant responsibility for taxes, insurance, HVAC, maintenance, and roof.

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See hot listings in Iowa City

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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Mixed-Use Building with Apartment Units
Mixed-Use Building with Apartment Units

510 E Burlington, Iowa City, IA 52240

$875,000
5,184 sqft

Two street-level commercial spaces and four apartments share dedicated parking, supporting flexible mixed-use occupancy in Iowa City.

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Renovated Retail Building
Renovated Retail Building

1029 S Riverside Dr, Iowa City, IA 52246

$2,750,000
13,640 sqft

Completely renovated retail building offering multiple suite sizes and a large on-site parking field for customers and employees.

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Absolute NNN Investment Properties
Absolute NNN Investment Properties

121 W Benton Street, Unit 824 Orchard Street, Iowa City, IA 52246

$1,585,000

Two Iowa City assets offer separate purchase options with tenant-paid operating expenses.

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Freestanding Storefront Retail Building
Freestanding Storefront Retail Building

525 Hwy 1 W, Iowa City, IA 52246

Contact for pricing
4,560 sqft

CC2-zoned retail property with signalized access along Highway 1 W, approximately one mile from the University of Iowa campus.

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Mixed-Use Suite with Storefront Windows
Mixed-Use Suite with Storefront Windows

11 S Gilbert St Iowa City, Iowa 52240, Iowa City, IA 52240

Contact for pricing

The interior includes a reception area, office, conference room, kitchen, and bathroom.

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Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 8 Active listings in Iowa City, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mixed-Use Building with Apartments
Mixed-Use Building with Apartments

122 2nd Street SE, Swisher, IA 52338

$699,950
4,800 sqft 0.39 AC lot

Commercial space anchors the main level, with four one-bedroom apartments on the floor above.

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Mixed-Use Building with 4 Apartments
Mixed-Use Building with 4 Apartments

122 2nd Street SE, Swisher, IA 52338

$699,950
4,800 sqft

Main-level commercial space is paired with four upstairs one-bedroom apartments.

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Divisible Retail Storefront Space
Divisible Retail Storefront Space

121 W Main St, Solon, IA 52333

$478,000
1,819 sqft

Single contiguous 3,638 SF retail commercial space offered as a package, with potential to divide into two units.

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Divisible Storefront Property
Divisible Storefront Property

121 W Main Street, Unit 103, Solon, IA 52333

$478,000
3,638 sqft

Contiguous commercial space with flexibility for a two-unit configuration.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

C2 Commercial Land Parcel
C2 Commercial Land Parcel

Ridgeway at University Ct, Coralville, IA 52241

$2,138,796
4.91 AC lot

C2-zoned commercial land with utilities at the lot and access from a roundabout intersection.

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C2 Commercial Land
C2 Commercial Land

Crosspark Rd, Coralville, IA 52241

$3,396,710
7.80 AC lot

Commercial land with utilities at the lot and access near US Hwy #965 and Forever Green Road.

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Commercial Land Near Highway
Commercial Land Near Highway

Crosspark Rd, Coralville, IA 52241

$896,980
2.06 AC lot

The site has C2 zoning and utilities extending to the lot.

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Commercial Land with Utilities
Commercial Land with Utilities

Crosspark Rd, Coralville, IA 52241

$1,039,560
2.39 AC lot

C2-zoned commercial land with utilities at the lot, positioned near US Highway 965 and Forever Green Road.

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Iowa City, IA Storefront Properties Market Trends and Statistics

Explore 8 storefront properties for sale in Iowa City, IA, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 27,864 square feet of properties for sale, with an estimated market value of $10,260,000.

Sale prices for retail units in Iowa City, IA start at $875,000, averaging $1,710,000, and reaching up to $2,750,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Storefront properties 16
Auto shops 1
Automotive properties 1
Banks 1
Grocery and convenience stores 1

Demographics Overview

Population 108K
Population Growth (5Y) +35.7%
Median Household Income $62,209
College Educated 50.5%

High-Yield Neighborhoods for Investment

Identify Iowa City submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
52240 $875K
52246 $1.8M

Taxes & Financing

Tax Rate (average for all types) 3.25%
Property Tax per SF $18.14 per SF
Tax Rate vs County Average 0.17 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Johnson County

New Delisted

Total CRE Inventory on Market (SF)

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