600-650 S Main Street is a prime investment opportunity in vibrant downtown Mooresville. This 30-unit townhouse property was last purchased in 2018 from the original owner. The current owners have renovated 24 of the units and brought them to near-market value. Market rents are listed in the financials, and there is 0% vacancy. Existing income on this property makes it a short- or long-term hold, but the upside of the future development in this rapidly expanding downtown location should be considered. The property is also precisely 3 miles from the Lowes Corporate Offices, one of the biggest employers in the region. Located in the heart of Downtown Mooresville, the property is surrounded by significant mixed-use development and neighborhood amenities. Recent announcements include a multi-million dollar renovation to the Historic Baseball park located directly across the street and the expansion of the Charlotte Light Rail Red Line, which will stop in Mooresville. Mooresville is a quiet community on the shore of Lake Norman, about thirty minutes north of Charlotte on Interstate 77. Known to many as “Race City USA,” it is home to the North Carolina Auto Racing Hall of Fame, many NASCAR and IndyCar racing teams and drivers, and several racing technology suppliers. Lake Norman sits just west of town, providing a popular swimming, boating, and fishing destination.