Asheville News

Sold! Riverside Drive property for $500,000 to Asheville brewery owner

Jason Sandford September 17, 2015

Jason Sandford

Jason Sandford is a reporter, writer, blogger and photographer interested in all things Asheville.

A parcel of land at 834 Riverside Drive, shown at left, sold recently.

Mike Healy, an owner of Lexington Avenue Brewery in downtown Asheville, recently bought 1.4 acres of land at 834 Riverside Drive for $500,000, according to property records. Word on the street is that there are no immediate plans for development, simply an investment buy for the time being.

Pre-recession, there was a plan to build condos/apartments on that riverside property. The plan fell through and the vacant lot next to the Grainger building has remained vacant.

The northern portion of Riverside Drive right on the border with the town limits of Woodfin has received other attention from new property owners. Back in April, an ownership group bought two big warehouses nearby at 750 Riverside Drive for $2.2 million. The plan is to fix up the warehouses and open up a wood/furniture design shop, a glassblowing studio and create space for other artists to move into.

Jason Sandford

Jason Sandford is a reporter, writer, blogger and photographer interested in all things Asheville.

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6 Comments

Elvis November 1, 2015

Yes please another brewery or hotel is what we need,maybe a Starbucks in the lobby too

Reply
Jason October 20, 2015

A hotel/brewery would be great. Something nice.

Reply
Harry September 17, 2015

Why of course Jen. How about a hotel or restaurant?

Reply
1. weavervilleman September 18, 2015
  
  A hotel would be a GOOD idea 😉
  
  Reply
Jen September 17, 2015

Can we please have something other than another brewery?
This is getting ridiculous.

Reply
1. Dillon September 18, 2015
  
  You are so right, getting more breweries is ridiculous, like the post above, it needs a restaurant or a hotel, this is ridiculous.
  
  Reply