
Description
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. *There is currently a 1486 Sq. Ft. Tenant Dwelling on this property which generates $7,800.00 Annual Lease Payment. **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.
School Ratings & Info

Description
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. *There is currently a 1486 Sq. Ft. Tenant Dwelling on this property which generates $7,800.00 Annual Lease Payment. **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.

Digital Millennium Copyright Act