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$ 290,000
Est. payment /mo
Active
6943 Monroe Street Stockwell, IN 47905
7,492 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Other/Unknown
Listing Status Active
Purchase Type For Sale
MLS Listing ID 202616869
Year Built 1901
Annual Tax Amount $1,730
Tax Year 2025
Lot Size 7,492 Sqft
Property Sub-Type Other/Unknown
Property Description
Prime Mixed-Use Investment Opportunity in Stockwell, Indiana! This versatile commercial building features two ground-level storefronts ideal for retail, office, or service businesses, plus a residential one-bedroom (or larger) apartment providing immediate rental income. Upstairs, a spacious ballroom/event space awaits your vision—currently needing light cosmetic and functional updates, it offers tremendous potential as a venue for weddings, parties, corporate events, or community gatherings. Perfectly positioned in the heart of Stockwell (Lauramie Township, Tippecanoe County), this property sits just minutes from Lafayette and benefits from the steady growth of the Greater Lafayette metro area. With strong local demand for commercial spaces and rental housing, this turnkey-plus-opportunity property is ready to generate multiple revenue streams in the right hands. Whether you're an investor seeking cash-flow stability or an entrepreneur looking to create a unique destination, this property delivers flexibility, income potential, and room to build equity through value-add improvements. Don't miss this rare chance to own a piece of Stockwell's charming small-town fabric with big profit potential. HIGHLIGHTS - 1. Two separate storefronts. 2. One Apartment on second story (currently rented) 3. Comes with all accessories to start pizza shop/ice cream business 4. Ballroom upstairs ready to be finished into more apartments or other rental spaces 5. 25 minutes from Ross-Ade Stadium and Purdue University
Location
State IN
County Tippecanoe County
Area Tippecanoe County
Direction Highway 52 to east 900 south to Monroe St
Interior
Flooring Concrete, Laminate, Unfinished, Wood
Appliance Building, Furniture, Land, Lease, Other
Exterior
Roof Type Dimensional Shingles
Building
Story 2
New Construction Yes
Others
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202616869
IDX information provided by the Indiana Regional MLS
Listed by Kyle Pugh • Century 21 Scheetz - Carmel • cell: 463-224-2992