For Sale $475,000
A rare chance to acquire one of Mooresville's most unique mixed-use assets and one of the last of its kind. This three-story live/work building in the heart of Morrison Plantation delivers immediate income from a tenant-occupied commercial unit at grade level, paired with a one bedroom residential unit above that's ready for an owner-occupant or additional rental income. The commercial space on the main level comes with its own private entry and half bath, and is already generating income from an established tenant so your investment is working from day one. Above it, the residential component spans two floors: level two offers a full kitchen with stainless appliances, pantry, dining room, a two-story great room with plantation shutters, and a half bath. The third level features a primary bedroom, full bath, large walk-in closet, and laundry. The location couldn't be stronger surrounded by Harris Teeter, Great Clips, Brooklyn Boys Pizza, Pure Barre, Tacos 4 Life, Hoptown Brewery, and more, this is an established, high-traffic retail corridor with a loyal tenant base. Units like this almost never come to market. There are only a handful of live/work buildings in Mooresville, and they don't build them like this anymore. Whether you're an investor looking for a turnkey income property, or someone who wants to live above a performing asset, this is the opportunity you've been waiting for
| List Price: | $475,000 |
| Status: | For Sale |
| Bedrooms: | 1 |
| Type: | Townhouse |
| Approx Sq. Ft.: | 590 sqft |
| Parking: | Parking Lot |
| MLS Number: | CAR4384925 |
| Subdivision: | Meeting Street Townhomes |
| Bathrooms: | 3 |
| Year Built: | 2003 |
| Sewer Type: | Public Sewer |
| Elementary: | Unspecified |
| Middle: | Unspecified |
| High: | Unspecified |
| Date | Event | Price | $/SQFT |
| 09-09-2025 | Under Contract | $168,900 | $287 |
| 08-16-2025 | Price Decrease | $168,900-3.43% | $287 |
| 07-27-2025 | Listed | $174,900 | $297 |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Lake Norman Elementary School | 1 miles | PK-05 | 9 |
| Lakeshore Elementary School | 2 miles | PK-05 | 8 |
| Langtree Charter Academy | 3 miles | KG-06 | 9 |
| Coddle Creek Elementary School | 4 miles | PK-05 | 9 |
| Shepherd Elementary School | 4 miles | PK-05 | 8 |
| Community School of Davidson | 6 miles | KG-06 | 10 |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Status | List Price | Days on Market |
| 132 Market Place Avenue, Mooresville NC | 0 mi | $475,000 | days | |
| 140 Singleton Road, Mooresville NC | 0.1 mi | $329,900 | days | |
| 121 Quarter Lane, Mooresville NC | 0.1 mi | $317,000 | days | |
| 119 Capital Avenue, Mooresville NC | 0.1 mi | $400,000 | days | |
| 238 Welton Way, Mooresville NC | 0.2 mi | $347,000 | days | |
| 125 C Capital Avenue, Mooresville NC | 0.2 mi | $397,000 | days |
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Property Type | Sold Price | Property Details |
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| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
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| H.O.A. / Maintenance |
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| Property Insurance |
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| Total Monthly Payment | $20,941 |
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Transportation to Work |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
A Courtesy Listing Provided By The Firm Real Estate
132 Market Place Avenue, Mooresville NC is a 590 ft2 . This is for $475,000. This has 1 bedrooms, 3 baths, and was built in 2003.
Based on information submitted to the MLS GRID as of 2026-06-05 10:56:27 EST. All data is
obtained from various sources and may not have been verified by broker or MLS GRID. Supplied
Open House Information is subject to change without notice. All information should be independently
reviewed and verified for accuracy. Properties may or may not be listed by the office/agent
presenting the information. Some IDX listings have been excluded from this website.
Properties displayed may be listed or sold by various participants in the MLS.
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