6943 Monroe Street, Stockwell, IN 47905
sale
$290,000
|
Other
Courtesy Of Century 21 Scheetz
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
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Property Features
- Age: Over 50 Years Old
- Age: New Construction
- Amenities: Disabled Access
- Architecture Style: Other
- Cooling System: Central Air
- Exterior Type: Brick
- Exterior Type: Stone
- Floor Covering: Laminate
- Floor Covering: Wood
- Floor Covering: Concrete
- Floors: 2
- Heating System: Natural Gas
- Legal Description: Addn To Orig Stockwell Blk 15 Lot 1-2-3
- MLSID: 202616869
- Roof Type: Shingle
- Rooms: Bathroom 4
- Rooms: Bathroom 2
- Rooms: Bathroom 3
- Rooms: Bathroom 1
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