Riverfront Land with Restaurant
For Sale
$2,200,000
388 Riverside Drive, Asheville, NC 28801
Commercial Sale, Asheville, NC
Property SizeContact for details
Lot Size2.29 Acres
Days on Market47
Property Features for 388 Riverside Drive
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
RAD-RIV
Zoning description
RAD-RIV
Lot features
Cleared, Flood Plain/ Bottom Land, Level, River Front
View
Water, City
Directions
370, 388 and 420 Riverside Drive Asheville, NC. GPS is accurate.
Standard status
Active
APN
9638-89-2921-00000
Lot size
2.29 Acres
Taxes and HOA fees
Tax Description
2.29 acres Deed 2292/110
Legal Description
2.29 acres Deed 2292/110
Listing Agency:
Ivester Jackson Blackstream
(828) 367-9001
Listed By:
Amy Spivey · License #217247
(828) 506-7137
Added: Jul 6
Changed: Aug 19
Last Checked: Aug 21 at 9:06AM
MLS# 4396739
Copyright © 2026 Canopy MLS. 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 2.29-acre waterfront land parcel includes an existing structure and a current permit for restaurant reconstruction. The property previously operated as the White Duck Taco Shop River Arts location, providing an established restaurant-related context for future planning. Zoning is designated RAD-RIV.
Located at 388 Riverside Drive in Asheville, the site has direct frontage along the French Broad River and adjoins the greenway. Its setting combines river access, roadway exposure, and proximity to the River Arts District, with downtown Asheville, breweries, galleries, dining, lodging, and outdoor recreation identified in the surrounding area. The property offers a substantial river-oriented redevelopment site with an existing restaurant permit in place.
Located at 388 Riverside Drive in Asheville, the site has direct frontage along the French Broad River and adjoins the greenway. Its setting combines river access, roadway exposure, and proximity to the River Arts District, with downtown Asheville, breweries, galleries, dining, lodging, and outdoor recreation identified in the surrounding area. The property offers a substantial river-oriented redevelopment site with an existing restaurant permit in place.
Key Highlights
- 2.29‑acre waterfront land parcel
- Direct French Broad River frontage
- Greenway adjacency
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
876
Businesses Nearby
48k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 28%
Groceries 27%
Hotels & Casinos 16%
Apparel 10%
Earth Fare
Groceries
12,986 visits/mo
0.4 miles
Crumbl Cookies
Dining
8,656 visits/mo
0.3 miles
Crowne Plaza Hotels & Resorts Asheville
Hotels & Casinos
7,942 visits/mo
0.5 miles
Plato's Closet
Apparel
4,793 visits/mo
0.3 miles
Jason's Deli
Dining
4,614 visits/mo
0.3 miles
Demographics for 28801, NC
15,148
Population
8,490
Households
1.8
Avg Household Size
39
Median Age
53%
College-Educated
93%
High-School Grad
5.1 sq mi
ZIP Area
2,970
Density / Sq Mi
$51,125
Median Household Income
$38,829
Median Earnings
$1,130
Median Rent
$481,400
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Waterfront Land - Waterfront parcel with an existing structure and an active permit supporting restaurant reconstruction.
Where is this waterfront land located?
The property is located at 388 Riverside Drive Asheville, NC.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: 2.29‑acre waterfront land parcel; Direct French Broad River frontage; Greenway adjacency
