6943 Monroe Street, Stockwell, IN 47905 (MLS # 202616869)
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Listed with Kyle Pugh, Century 21 Scheetz - Carmel, cell: 463-224-2992
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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
| DAYS ON MARKET | 1 | LAST UPDATED | 5/6/2026 |
|---|---|---|---|
| TRACT | None | YEAR BUILT | 1901 |
| COUNTY | Tippecanoe | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Water Heater |
| BASEMENT | Unfinished, Yes |
| CONSTRUCTION | Brick, Stone |
| HEAT | Natural Gas |
| LOT | 7492 sq ft |
| LOT DIMENSIONS | 79X121 |
| PARKING | On Street, Paved, Private, Parking Lot |
| SEWER | Public Sewer |
| STORIES | 2 |
| SUBDIVISION | None |
| TAXES | 1730.68 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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*Estimate only
Listed with Kyle Pugh, Century 21 Scheetz - Carmel, cell: 463-224-2992
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Indiana Regional MLS®. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Copyright© 2026 IRMLS. All rights reserved.
Last Updated On: 5/7/26 6:00 AM PDT
Walk Score provided by walkscore.com
Copyright© 2026 IRMLS. All rights reserved.
Last Updated On: 5/7/26 6:00 AM PDT
Walk Score provided by walkscore.com
This IDX solution is (c) Diverse Solutions 2026.
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