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Bar and Event Venue
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796 Riverside Dr, Asheville, NC 28801

Single-story 2,480 SF bar and event space set on 1.22 acres with approximately 265 feet of river frontage.

Property Size2,480 SF
Lot Size1.22 Acres
Days on Market123

Property Features for 796 Riverside Dr

General Information

Standard status Active
Size 2,480 SF
Lot size 1.22 Acres
Property subtype Retail
Zoning CS/River

Additional Details

Business Included Yes
Highway Access Yes

Amenities

fire pits
tables
benches
lounge

Building Details

Stories 1
Listing Agency: Coldwell Banker King
Listed By: Dick McKinney · License #NC
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 22 at 2:15AM

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 Coldwell Banker King

Investment Insights

Based on property information with market context.

This property is a single-story building of approximately 2,480 square feet, operating as a bar and as a venue for special events and wedding events. The grounds are described as a park-like setting with sprawling outdoor areas, including fire pits and seating with tables and benches, along with a lounge area by the water.

The site is located on Riverside Drive in the River Arts District, with approximately 265 feet of river frontage and stated high visibility. Public remarks also note River District zoning that allows for a variety of land uses, with CS/River having more requirements. The DOT has been approved to move Riverside Drive over some areas, and the property is described as installing sound barriers. The remarks further cite close proximity to UNCA, I-26, Downtown, medical, and shopping.

The property has been described as having reopened for weddings venues, special events, and other events after closing during the COVID period.

Key Highlights

  • 1.22‑acre property in the River Arts District with approximately 265 ft of river frontage
  • Single‑story building with 2,480 SF of bar and event space
  • River District zoning allows for a variety of land uses (CS/River has additional requirements)

Property Analytics

Current Use

Out of the Blue Peruvian ... Restaurant Out of the Blue Peruvian Clothing & Fashion Store

Suggested Use

Top Pick Real Estate Agency Hair Salon Restaurant Building Supply HVAC Service Big Box & Wholesale Store

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

Lease Details

Turnkey business
Opportunity
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

442
Businesses Nearby
5k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 82% Home Improvements & Furnishings 18%
State Employees Credit Union Shops & Services
4,128 visits/mo 0.3 miles
Grainger Home Improvements & Furnishings
906 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

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Similar Off Market Nearby

  • Real Montford (rooftop bar) 346 Montford Ave, Asheville, NC 28801
  • The Getaway River Bar 790 Riverside Dr, Asheville, NC 28801
  • Ole Shakey’s 790 riverside dr, asheville, nc 28801

Frequently Asked Questions

What type of property is this?
Bar & Pub - Single-story 2,480 SF bar and event space set on 1.22 acres with approximately 265 feet of river frontage.
Where is this bar & pub located?
The property is located at 796 Riverside Dr Asheville, NC.
What are key features of this property?
This property features: 1.22‑acre property in the River Arts District with approximately 265 ft of river frontage; Single‑story building with 2,480 SF of bar and event space; River District zoning allows for a variety of land uses (CS/River has additional requirements)
(828) 777-0129 Call to check price and availability
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