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1600 Melrose Dr Shelby, NC 28152

For Sale
$409,000

4 Acres, High Visibility, Development Potential

Property size:
1,486 SF

Description

Added:
Feb 3, 2025
Days on Market:
316
This exceptional 3.92-acre commercial property, located at 1600 Melrose Drive in Shelby, NC, presents a remarkable investment opportunity. Situated on a prominent corner lot at the intersection of Melrose Drive and DeKalb Street, this property boasts significant frontage: 733.69 feet on DeKalb Street and 50.97 feet on Melrose Drive. Its strategic location directly across Melrose Drive from Shelby Middle School ensures high visibility and accessibility. Currently zoned CPD (Corridor Protection District) within Shelby city limits, this versatile parcel offers a wide range of development possibilities. All utilities are readily available on-site. The recorded deed includes a 15-foot perpetual non-exclusive driveway easement across an existing gravel drive for access to the adjacent property at the rear. The current zoning allows for multi-family development (including townhomes and condominiums), single-family development, and numerous commercial uses. A detailed redline boundary aerial map is available for review. Furthermore, the property is easily subdividable into two parcels: a 2.53-acre lot and a 1.39-acre lot, with potential individual sale prices of $295,000 and $114,000 respectively. This prime location and flexible zoning make this property ideal for a variety of commercial or residential projects. Don't miss this chance to acquire a highly desirable corner lot in a thriving Shelby community.

Property Features for 1600 Melrose Dr

General Information

Property type
Other commercial real estate
Square Feet
1,486 SF
Lot Size
174,240 SF

Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Restaurant Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Shelby
County
Cleveland
State
North Carolina
Longitude
-81.55273
Latitude
35.26384

FAQs

What type of property is this?
Commercial real estate - 4 Acres, High Visibility, Development Potential
Where is this commercial real estate located?
The property is located at 1600 Melrose Dr Shelby, NC.
What is the asking price?
The asking price for this property is $409,000.
More about this property
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