RIVER ARTS DISTRICT OPPORTUNITY LAND FOR SALE 144 & 159 RIVERSIDE DRIVE, ASHEVILLE, NC 28801 Presented By DEWEY PROPERTY ADVISORS TIM BRAMLEY EDDIE DEWEY 1 Page Avenue Asheville, NC 28801 828.548.0090 x103 828.548.0090 x102 828.548.0090
[email protected] [email protected] deweypa.com RIVER ARTS DISTRICT OPPORTUNITY 144 & 159 RIVERSIDE DRIVE, ASHEVILLE, NC 28801 EXECUTIVE SUMMARY OFFERING SUMMARY PROPERTY OVERVIEW Sale Price: $3,500,000 Prime development land in the heart of Asheville's River Arts District. Property is located in a qualified Opportunity Zone. Site is well positioned for development situated on gentle slope. Lots have 500 feet of frontage on Riverside Lot Size: 3.72 Acres Drive and 450 feet of frontage along the French Broad River. Price / Acre: $940,860 Nestled in the scenic mountains of western North Carolina, the charm of Asheville's River Arts District (RAD) is no Zoning: RAD-RIV secret. It is one of the largest and most diverse arts districts in the nation. RAD is a hub for eclectic arts, culture, food/ Market: Asheville beverage and entertainment with close proximity to downtown Asheville. Submarket: River Arts District Traffic Count: 10,000 Dewey Property Advisors // 1 Page Avenue // Asheville, NC 28801 // 828.548.0090 // deweypa.com Page 2 RIVER ARTS DISTRICT OPPORTUNITY 144 & 159 RIVERSIDE DRIVE, ASHEVILLE, NC 28801 COMPLETE HIGHLIGHTS LOCATION INFORMATION Building Name River Arts District Opportunity Street Address 144 & 159 Riverside Drive City, State, Zip Asheville, NC 28801 County Buncombe Market