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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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388 Riverside Dr , Asheville, NC 28801
$2,200,000
Est. Payment: $11,337.05/mo
0 Bed
0 Bath
0 Sqft
Status: active | Days on site: 1
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

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.

Highlights

Listed by Amy Spivey , 828-506-7137 Ivester Jackson Blackstream , 828-367-9001. Canopy MLS mls logo

Property Type

Commercial Sale

Lot/Acreage
2.29

County

Buncombe

Listing ID

4396739

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Below Ground Sq Ft:0

Exterior Features

Lot:Cleared,Flood Plain/Bottom Land,Level,River Front
Zoning:RAD-RIV
Principal Interest
$11,337
Taxes
$1,403

Home Price

$2,200,000

Loan Details

30 yrs
6.683%

Down Payment

20%
$440,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$11,337.05

Principal

Taxes

Principal Taxes HOA Total
Monthly $11,337.05 $1,402.50 $0.00 $12,739.55
Yearly $136,044.63 $16,830.00 $0.00 $152,874.63
Total $4,081,339.05 $504,900.00 $0.00 $4,586,239.05

Today's Rates

30 Year

6.68%

20 Year

6.55%

15 Year

6.13%

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Market insight data is pulled from the same city as the listing being viewed (Asheville, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information submitted to the MLS GRID as of the date listed below. 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.
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Listings courtesy of Canopy MLS as distributed by MLS GRID

IDX service by Blueroof 360

Data last updated: 2026-08-02T01:59:06.000Z

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