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Mixed-Use Land for Sale in Asheville, North Carolina

388 Riverside Dr, Asheville, NC 28801

$2,200,000
2.29 acres
Active sale
ago
Est $15,975/mo

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.

Location

Street address
388 Riverside Dr
Zip code
28801
Elevation
2,006 feet
Coordinates
35.5901, -82.5691

Property details

Acreage
2.29 acres
Zoning
RAD-RIV
MLS #
CMLS 4396739
Posted

Parcels

  • 9638-89-2921-00000

Legal description

Details and features

Listing

Type
Commercial Sale
Franchise
Independent

Lot

View
City, Water
Features
Cleared, Flood Plain/Bottom Land, Level, River Front

Listing history

DateEventPriceChangeSource
July 6, 2026New listing$2,200,000CMLS
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This 2.29-acre property is located at 388 Riverside Dr in Asheville, NC 28801. The land is available for sale, priced at $2,200,000 — $960,699 per acre.

Listed by Ivester Jackson Blackstream, (704) 996-5686

Checked 1 hour agoUpdated

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