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Denise Jarboe

denise@theharrisgrouprealty.com +1(270) 993-6433

Listed by Kyle Pugh • Century 21 Scheetz - Carmel • cell: 463-224-2992

$290,000

Est. payment - /mo

4 Baths

7,492 Sqft Lot

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Key Details

Property Type Commercial

Sub Type Other

Listing Status Pending

Purchase Type For Sale

MLS Listing ID IRM202616869

HOA Y/N No

Year Built 1901

Annual Tax Amount $1,730

Tax Year 2025

Lot Size 7,492 Sqft

Acres 0.172

Lot Dimensions 79X121

Property Sub-Type Other

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

Rooms

Basement Unfinished

Interior

Heating Gas

Inclusions Building, Furniture, Land, Lease, Other

Fireplace N

Exterior

Parking Features Parking Lot, Paved, Private, On Street

View Y/N true

Building

Sewer Public Sewer

Water City

New Construction Yes

Others

Pets Allowed No

Tax ID 79-16-08-229-017.000-007

Acceptable Financing IRM202616869

Listing Terms IRM202616869

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/irmls/202616869

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Denise Jarboe

+1(270) 993-6433

Broker Associate License ID: RB20000819

6943 Monroe ST Stockwell, IN 47905

Denise Jarboe

Key Details

Location

Rooms

Interior

Exterior

Building

Others

NEARBY SCHOOL & BUSINESS

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