One of the landmarks in Riverside is the Riverside Red X store. It was founded as a gas station in 1948 by Edward Young. Over time, Young expanded the store into selling many different product lines. Young and local business owners Ferd Filger and Dr. Thomas M. Eagle led the incorporation of Riverside in 1951, after both Parkville and Kansas City expressed interest in annexing the area. As of 2015, the store was still owned by the Young family and was well known around the Kansas City area for selling cheap beer, wine, cigarettes and gasoline.