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Riverfront Commercial Land
New
For Sale
$2,200,000

388 Riverside Drive, Asheville, NC 28801

An existing structure has a current permit for restaurant reconstruction.

Property SizeContact for details
Days on Market2

Property Features for 388 Riverside Drive

General Information

Standard status Active
Property subtype Commercial
Zoning RAD-RIV

Building Details

Buildings 1
Listing Agency: Ivester Jackson Blackstream
Listed By: Amy Spivey · License #217247
Source: Geoffcampbell
Added: Oct 23 Last Checked: Oct 23 at 3:21PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Ivester Jackson Blackstream

Rey
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Investment Insights

Based on property information with market context.

This 2.29-acre commercial land parcel in Asheville includes an existing structure with a current permit for restaurant reconstruction. The property is zoned RAD-RIV and has direct frontage on the French Broad River.

The site is on Riverside Drive, adjacent to the greenway, in the River Arts District. These physical and locational features define the property’s setting and redevelopment context.

Key Highlights

  • 2.29‑acre commercial parcel
  • Direct frontage on the French Broad River
  • Existing structure with a current permit for restaurant reconstruction

Property Analytics

Contact the owner directly Get the owner's phone numbers and email
Open Analytics

Current Use

White Duck Taco ... Restaurant

Suggested Use

Top Pick Dental Office Building Supply Big Box & Wholesale Store Kitchen & Bath Showroom Auto Parts Store Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

551
Businesses Nearby
46k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 29% Groceries 28% Hotels & Casinos 17% Apparel 10%
Earth Fare Groceries
12,986 visits/mo 0.3 miles
Crumbl Cookies Dining
8,656 visits/mo 0.4 miles
Crowne Plaza Hotels & Resorts Asheville Hotels & Casinos
7,942 visits/mo 0.4 miles
Plato's Closet Apparel
4,793 visits/mo 0.3 miles
Jason's Deli Dining
4,614 visits/mo 0.4 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Commercial land - An existing structure has a current permit for restaurant reconstruction.
Where is this commercial 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 commercial parcel; Direct frontage on the French Broad River; Existing structure with a current permit for restaurant reconstruction
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