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McKay Road - Northwest Corner of McKay Rd & Progress Pkwy 1.71 Acres of Commercial Land Offered at $345,625 CAD in Shelbyville, IN 46176

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INVESTMENT HIGHLIGHTS

  • Close proximity to many rooftops

EXECUTIVE SUMMARY

Restricted to any direct competitors of Dollar General and see notes below about allowable uses (highly unlikely to get a rezone approved due to this being part of an original PUD):
PERMITTED ZONING USES:
Commercial Uses
• animal grooming
• personal service uses
• restaurant
• retail (type 1 - 10,000 SF max, no outdoor storage, no drive-thru, open 5am to 10pm)
Institutional Uses
• day care center
Park Uses
• nature preserve/center
• park, public
Residential Uses
• dwelling, multiple-family (excluding ground level storefronts not historicallyused for residential)
• dwelling, single family (on upper floors of other uses)
• dwelling, two-family (on upper floors of other uses)
Utility Uses
• solar energy production, as an
accessory use

PROPERTY FACTS

Price $345,625 CAD
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 1.71 AC
Cross Streets Progress Parkway
Zoning BN - Commercial and part of an original PUD so a variance or rezone would be tricky.

1 LOT AVAILABLE

Lot

Price $345,625 CAD
Price Per AC $202,119.89 CAD
Lot Size 1.71 AC

DESCRIPTION

PERMITTED ZONING USES: Commercial Uses • animal grooming • personal service uses • restaurant • retail (type 1 - 10,000 SF max, no outdoor storage, no drive-thru, open 5am to 10pm) Institutional Uses • day care center Park Uses • nature preserve/center • park, public Residential Uses • dwelling, multiple-family (excluding ground level storefronts not historicallyused for residential) • dwelling, single family (on upper floors of other uses) • dwelling, two-family (on upper floors of other uses) Utility Uses • solar energy production, as an accessory use

  • Listing ID: 34830257

  • Date on Market: 2025-02-14

  • Last Updated:

  • Address: McKay Road, Shelbyville, IN 46176

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