Storefront Property with River
For Sale
Under Contract
$250,000
704 Riverside Drive, Asheville, NC 28801
COMMERCIAL - Asheville, NC
Property SizeContact for details
Lot Size0.13 Acres
Days on Market177
Property Features for 704 Riverside Drive
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
RIVER
Parking features
Parking Lot
Lot features
Level, River Front
View
City
Special listing conditions
Third Party Approval
Standard status
Active Under Contract
APN
9639-65-8574-00000
Lot size
0.13 Acres
Taxes and HOA fees
Tax Description
DEED DATE:08/30/2019 DEED:5806-1158 PLAT:0000-0000
Legal Description
DEED DATE:08/30/2019 DEED:5806-1158 PLAT:0000-0000
Utilities
Sewer type
Public Sewer
Building Details
Year built
1960
Floors in Building
1
Building materials
Block, Hard Stucco
Roof type
Metal
Listing Agency:
Pinnacle Lifestyle Realty LLC
(828) 508-9589
Listed By:
Matt Jones · License #279516
(828) 508-9589
Added: Feb 19
Changed: Aug 4
Last Checked: Aug 15 at 8:06AM
MLS# 4347154
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.
The 1960 storefront property occupies 0.13 acres beside the French Broad River in North Asheville. The building was flooded during Helene, with water reaching nearly the roofline. Drywall and other interior materials have been removed, leaving a shell with existing partitions and one bathroom. Construction includes block and hard stucco, with a metal roof, public sewer, and a parking lot. A separate shed/boathouse is also included, and railroad tracks cross the property.
The site is at Pearson Bridge with river access upstream from Riverside Park and Taylor's Wave. Riverside Drive is part of the Riverlink Gateway Park project, which is intended to connect the area with The River Arts District. The property is being sold as-is, subject to court approval and a 10-day upset bid period.
The site is at Pearson Bridge with river access upstream from Riverside Park and Taylor's Wave. Riverside Drive is part of the Riverlink Gateway Park project, which is intended to connect the area with The River Arts District. The property is being sold as-is, subject to court approval and a 10-day upset bid period.
Key Highlights
- 0.13‑acre storefront property beside the French Broad River
- Building flooded during Helene, with water reaching nearly the roofline
- Existing shell includes partitions and 1 bathroom
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
876
Businesses Nearby
48k
Monthly Visits Nearby
Balanced
Demand for This Use
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
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Frequently Asked Questions
What type of property is this?
Storefront property - Flood-affected building shell with partitions, one bathroom, parking, and a separate shed/boathouse.
Where is this storefront property located?
The property is located at 704 Riverside Drive Asheville, NC.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 0.13‑acre storefront property beside the French Broad River; Building flooded during Helene, with water reaching nearly the roofline; Existing shell includes partitions and 1 bathroom
