1600 MELROSE Drive Shelby, NC $ 409,000
1600 MELROSE Drive
$ 409,000
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1600 MELROSE Drive

Shelby, NC, 28152
$ 409,000
Baths0.0 Sq 1,486

Monthly Estimate*

$ 2,718

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Studio

Commercial Property for sale in Shelby, NC

for $409,000. This 1,486 square foot building was built on a lot size of 4.

3.92 ACRES LOCATED 1600 Melrose Drive, CORNER, Shelby, NC 28152 with 733.69 Feet Frontage on DeKalb Street, AND 50.97 Feet Frontage on Melrose Drive.Currently Zoned CPD - Corridor Protection District inside City Of Shelby city limits. ALL UTILITIES AVAILABLE to site. **Recorded Deed contains a 15 ' perpetual non-exclusive driveway easement over existing gravel drive for access to adjoining property at rear of subject property. Current Zoning WILL ALLOW Multi-Family (including Townhome and Condominium Dedelopment), Single Family Development, AND MANY COMMERCIAL OCCUPANCIES. Please see attached REDLINE BOUNDARY Aerial Map. ***This property may be SUBDIVIDED into 2 parcels of 2.53 and 1.39 ACRES at $295,000 and $114,000 respectively. ****This property is at the corner of Melrose Drive and DeKalb Street DIRECTLY ACROSS MELROSE DRIVE FROM Shelby Middle School.

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Commercial Active

Price

$ 409,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Unimproved Commercial

Lot Size

4

Town/City

Shelby

County/Region

Cleveland

MLS | Web ID

4019870

Features
General
Roof Composition
Zoning CPD
Construction Materials Brick Partial Wood
Property SubType Unimproved Commercial
Elevation 1000
County Cleveland
New Construction N
Property Type Commercial Sale
Possible Use Commercial Development Multi-Family Residential Subdevelopment Other - See Remarks
City Shelby
Number of Units Leased 1
Street Name MELROSE
Builder Name UNK
Standard Status Active
Construction Type Site Built
Restrictions Signage
Tax Assessed Value 153117
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Exterior
Lot Features Corner Lot
Inclusions Building Fixtures Land
Lot Size Area 4
Foundation Details None
Number of Buildings 1
Building Area Total 1486
Lot Dimensions 3.92 ACRES
Road Surface Type Paved
Lot Size Units Acres
Road Frontage Type 4 Lane Highway City Street
Road Responsibility Publicly Maintained Road
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Interior
Street Suffix Drive
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Internal Only
Street Number 1 1600
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* Excluded Features
List By
Re/Max Select

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Affordability Calculator

$2,718
Per Month
100%
0%
0%
Monthly Principal & Interest
$2,718
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
294628 Elementary School
294724 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/11/2024$409,000 Listed Price

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1600 MELROSE Drive, Shelby, NC, 28152 is a Commercial Property for sale at $409,000 with 1,486 sqft and a lot size of 4. 1600 MELROSE Drive is a studio with 0.0 baths. The property's zip code is 28152 which is in Shelby, NC