388 Riverside Drive
Asheville, NC, 28801 $ 2,200,000
Bedrooms-- Baths-- Monthly Estimate*
$ 15,195
for $2,200,000. The lot size is 2.29.
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.
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FeaturesGeneralZoning RAD-RIV
View City Mountain(s) Water Year Round
Property Subtype Unimproved Commercial
Parcel Number 9638-89-2921-00000
Additional Parcels Description 9639-80-1387-00000 and 9639-80-2116-00000
County Buncombe
New Construction N
Property Type Commercial Sale
HOA N
Possible Use Commercial Multi-Family
Directions 370 388 and 420 Riverside Drive Asheville NC. GPS is accurate.
City Asheville
Senior Community Y/N N
Lot Size Units Acres
Carport Y/N N
Additional Parcels Y/N Y
Lease Considered Y/N Y
Standard Status Active
Construction Type Site Built
Restrictions N/A
Tax Assessed Value 619800
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ExteriorLot Features Cleared Flood Plain/Bottom Land Level River Front
Inclusions Building
Lot Size Area 2.29
Number of Buildings 1
Road Surface Type Paved
Road Responsibility Publicly Maintained Road
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InteriorBasement (Y/N) N
Below Grade Finished Area 0
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* Excluded FeaturesList ByIvester Jackson BlackstreamBroker
Affordability Calculator
- Monthly Principal & Interest
- $15,195
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Asheville, NC
Average List Price $1,833,734
Percent of Sale Price 17%
About Asheville, NC 93,508 Population
25% Since 2002
$ 48,694 Median Income
39.56 Median Age
21% Households with Children
Trends Information provided by ATTOM Data Solutions.
294628 Elementary School
294724 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/6/2026 | $2,200,000 | | Listed Price |