$2,200,000
388 Riverside Dr, Asheville, NC 28801
0 bed · 0 bath
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Presented by Citadel Cofield · Office (980) 272-8547
About This Property
Rare 2.29-acre riverfront redevelopment opportunity in Asheville’s River Arts District, positioned along Riverside Drive with direct French Broad River frontage and greenway adjacency. This highly visible site offers a unique combination of location, access, scale, and future-use flexibility in one of Asheville’s most recognized creative and commercial corridors. Formerly home to the White Duck Taco Shop River Arts location, the property includes a structure with a current permit in place for restaurant rebuild, creating a meaningful head start for the next chapter of use or redevelopment. Commercial zoning allows for a wide range of possibilities and supports the site’s highest and best use potential. The setting lends itself naturally to hospitality, restaurant, event, outdoor recreation, mixed-use, retail, office, residential-over-commercial, or other creative development concepts. With the French Broad River, greenway, Riverside Drive exposure, and nearby River Arts District amenities all converging here, the property is well positioned for a project that serves both locals and visitors. This is a site where Asheville moves — by foot, bike, paddle, and car — and where thoughtful redevelopment can become part of the continued momentum of the River Arts District. The surrounding area has shown remarkable resilience and renewal, with public and private investment, rebuilding activity, and renewed interest in the river corridor already underway. Buyers seeking a strategic riverfront acquisition in Asheville will recognize the rarity of this offering; minutes to downtown Asheville, the RAD, breweries, galleries, dining, lodging, and outdoor recreation.
About the Neighborhood
Homes for sale in 28801 place buyers at the heart of Asheville's most celebrated and architecturally significant urban core, encompassing Downtown Asheville, the River Arts District, and the historic Montford neighborhood, one of the most intact collections of Victorian and Arts and Crafts architecture in the American Southeast. The residential landscape in Montford features exquisite Queen Anne, Colonial Revival, and Craftsman homes on tree-shaded streets within walking distance of Asheville's legendary Lexington Avenue arts corridor, the Grove Arcade, and a nationally recognized independent restaurant scene. The River Arts District along the French Broad River has transformed former industrial studios into one of the Southeast's most vibrant working artist communities, with dozens of galleries and creative businesses anchoring the zip code's southwestern edge. Mission Health's main hospital campus and a dense concentration of creative economy employers make 28801 a genuine live-work destination. The 28801 real estate market commands some of the highest valuations in Western North Carolina, driven by irreplaceable architectural inventory, walkability, and Asheville's sustained status as one of America's most visited mountain cities.
Property Features
Property Description
- New Construction: No
- MLS #: 4396739
Association
- HOA Required: No
Road
- Road Responsibility: Publicly Maintained Road
- Road Surface Type: Paved
View
- City
- Mountain(s)
- Water
- Year Round
Location
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LISTING COURTESY OF: IVESTER JACKSON BLACKSTREAM
amy@ijbproperties.com
$2,200,000
Est. Payment: $11,308/mo
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Asheville, NC 28801
0
bedrooms
N/A
baths
N/A
sq.ft.
N/A
price per sf
Presented By
Carnarri Cofield
REALTOR®
Office: (980) 272-8547
Listings courtesy of Canopy MLS as distributed by MLS GRID
No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Citadel Cofield, its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Ivester Jackson Blackstream
Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.