132 Market Place Avenue, Mooresville NC

  • 1 Bed
  • 3 Bath
  • 590 ft2

For Sale $475,000

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Remarks:

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

General Information:

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

Assigned Schools:

Elementary: Unspecified
Middle: Unspecified
High: Unspecified

Price & Sales History

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

Nearby Schools

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.

Properties For Sale Nearby

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
1 to 6 of 37 Result

Sold Properties Nearby

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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

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    Total Monthly Payment $20,941

    Demographic Data For Zip 28117

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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.

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    Property Listing Information

    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. Click here for more information

    Neither Yates Realty nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.