Flood-Damaged Storefront
For Sale
$250,000
704 Riverside Drive, Asheville, NC 28801
Shell-condition commercial building with partitions, one bathroom, and an included shed or boathouse near the French Broad River.
Property Size3,150 SF
Price / SF$79.37
Days on Market163
Property Features for 704 Riverside Drive
General Information
Standard status
Active
Size
3,150 SF
Property subtype
Commercial
Building Details
Building Size
3,150 SF
Year Built
1960
Buildings
2
Listing Agency:
Pinnacle Lifestyle Realty LLC
(828) 508-9589
Listed By:
Matt Jones · License #279516
Source:
Techrealtyllc
Added: Feb 19
Changed: Jul 31
Last Checked: Jul 31 at 3:50PM
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 Pinnacle Lifestyle Realty LLC
Investment Insights
Based on property information with market context.
This 3,150-square-foot storefront property, built in 1960, is being offered in shell condition following flooding during Helene. Water levels reached nearly the roofline, and drywall and other interior materials have been removed. The remaining layout includes partitions and one bathroom. The property also includes a shed or boathouse, with railroad tracks located on the property.
The site is next to the French Broad River at Pearson Bridge in North Asheville, with river access upstream from Riverside Park and Taylor's Wave. The Riverlink Gateway Park project runs along Riverside Drive and is planned to link 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 next to the French Broad River at Pearson Bridge in North Asheville, with river access upstream from Riverside Park and Taylor's Wave. The Riverlink Gateway Park project runs along Riverside Drive and is planned to link 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
- 3,150‑square‑foot storefront property built in 1960
- Flooded during Helene, with water levels peaking at nearly roofline
- Interior materials removed; remaining shell includes partitions and 1 bathroom
Property Analytics
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 - Shell-condition commercial building with partitions, one bathroom, and an included shed or boathouse near the French Broad River.
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: 3,150‑square‑foot storefront property built in 1960; Flooded during Helene, with water levels peaking at nearly roofline; Interior materials removed; remaining shell includes partitions and 1 bathroom