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$475,000 Just Listed
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Property Description
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
Full Property Details
Full Property Details for 132 Marketplace Ave
General
- Price: $475,000
- Status: Active
- Type: Commercial
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4385127
- Updated: Today (5/22/2026)
- Added to Site: Today
Interior
- Appliances: Dishwasher, Refrigerator, Washer/Dryer
- Flooring: Laminate
Parking
- Parking Features: On Street, Parking Lot
Location
- County: Iredell
- City Limits: Yes
Heating & Cooling
- Cooling Type: Central Air, Multi Units
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Water: City
Structural Information
- Construction Status: Completed
- Construction: Site Built
- Exterior Const.: Brick Full
- Roof: Composition
- Square Feet: 1,626
- Min Required: 18.81 Sq. Ft.
- Office: 446 Sq. Ft.
- Minimum Avail: 446 Sq. Ft.
- Year Built: 2003
Lot Features
- Street/Road Desc.: Paved
- Fencing (Description): Back Yard, Fenced
Financial Considerations
- Operating Expenses: $9,740.61
Disclosures and Reports
- Restrictions: Architectural Review
- Inclusions: Building
- Property ID: 4647-23-2616.000
- Lot Number: 3153-944
Listed by The Firm Real Estate
Get Pre-Approved Today
Schools
Schools serving 132 Marketplace Ave
School District:Iredell-Statesville Schools
| Name | Grades | Distance |
|---|---|---|
Lake Norman Elementary School 255 Oak Tree Road, Mooresville, NC 28117 | K-5 | 1.3 mi |
Woodland Heights Middle 272 Forest Lake Boulevard, Mooresville, NC 28117 | 6-8 | 2.8 mi |
Lake Norman High School 186 Doolie Road, Mooresville, NC 28117 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 132 Marketplace Ave
Date
Details
Price
Change
Source
5/22/2026
Listed
$475,000
35.71%
MLS
8/01/2025
Sold
$350,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 132 Marketplace Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,550
2%
$334,040
—
2024
$3,490
1%
$334,040
—
2023
$3,466
28%
$334,040
48%
2021
$2,703
—
$226,120
—
2022
$2,707
—
$226,120
—
2020
$2,703
1%
$226,120
—
2019
$2,680
16%
$226,120
17%
2018
$2,310
3%
$193,070
—
2016
$2,250
—
$193,070
—
2015
$2,250
1%
$193,070
-3%
2013
$2,234
—
$199,270
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 132 Marketplace Ave
132 Market Place Avenue, Mooresville, NC 28117 (MLS# 4385127) is a Commercial property. 132 Market Place Avenue is currently listed for $475,000 and was received on May 22, 2026. Want to learn more about 132 Market Place Avenue? Do you have questions about finding other Commercial real estate for sale in Mooresville? You can browse all Mooresville real estate or contact a Coldwell Banker agent to request more information.

