410 Depot Street, Asheville, NC 28801
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1 410 Depot Street, Asheville, NC Scott Carter Office: Cell: S Lexington Ave, Asheville, NC scottcarter@recenter.com
2 Property Details.67 acres offered at $880,000 Approx.3 acres and 50 ft of frontage available for $490,000 (subject to survey) Level Lot suitable for commercial and/or mixed use development RAD-SHP zoning allows for up to 21,50 SF footprint and up to 4 floors so a total of 86,000 SF structure Walkable to shopping, dining, businesses and entertainment in the River Arts District Easy access to downtown and I-240
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4 Portion of Parcel is also available at $550,000
5 Area Businesses 410 Depot St The Foundation - The Wedge, 12 Bones Smokehouse and RAD Skatepark Glen Rock Depot Development Penny Cup of Coffee Pink Dog Creative - Vivian Seasonal New American Kitchen, Fresh Wood Fired Pizza West, Multiple Art Studios Magnetic Theatre 6. The Lift Studios 7. Zack Noble Noble Forge Custom Metal Works 8. Soapy Dog 9. Ultra Coffee Bar 10. Jonas Gerard Fine Arts 11. Odyssey Center for the Ceramic 12. The Wedge - Wedge Brewing Co., Multiple Art Studios, Bull and Beggar, District Wine Bar, Food Trucks 13. Proposed Stoneyard Apartments
6 RADTIP Background RADTIP The River Arts District Transportation Improvement Project (RADTIP) is a City of Asheville multi-modal transportation project that includes the installation of sidewalks, street trees, public art, bike lanes and greenways in the River Arts District, adjacent to the French Broad River. The City engaged the community multiple times throughout the years to form the vision for RADTIP. When complete, the project will incorporate a 2.2-mile piece of the Wilma Dykeman Riverway, an urban parkway designed to support sustain able development along approximately 8 miles of French Broad River and Swannanoa River corridor. It will not only increase safety for pedestrians, bicyclists and motorists, but also incorporate a greenway and new recreation facilities along the French Broad River. Half of the construction cost of RADTIP is funded through a $14.6 million TIGER VI grant from the federal Transportation Department, a $3.5 million grant from the Buncombe County Tourism Development Authority, and two grants from state of North Carolina. The City share comes from a combination of parking and stormwater funds, general funds and City debt proceeds used to finance the Capital Improvements Plan. Asheville s mayor, Esther Manheimer said that the project is one of several, likely to have a direct economic impact: If you put that infrastructure in the River Arts District, you re going to see investment down there, she said. RECENT SUCCESSFUL DEVELOPMENT Glen Rock Depot Development and 408 Depot St 100% Occupied Includes Integrative Family Medicine, Benbow Cabinet Design, Desert Moon Designs, Amplified Media, Pilates Studio, Ashewell Medical Group, MustAsheville Bikes, Rebel Yell, River Arts Dentistry, Eco Depot Art Gallery and over 80 apartment homes/100% Occupied Pink Dog Creative 100% Occupied Vivian - Seasonal New American Kitchen, Fresh Wood Fired Pizza West, Sunnyside Trading Company and multiple Artist s Galleries 5 Foundry St The Wedge at Foundation 12 Bones Smokehouse RAD Skate Park
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8 Approx..3 acre portion with 50 ft of frontage - $550,000 (subject to survey)
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372 Depot Street, Unit 40 $449,000
372 Depot Street, Unit 40 $449,000 LEED registered flexible commercial space for Sale in Glen Rock Depot, located in the heart of Asheville s thriving River Arts District 2 Storefront Units under one PIN
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