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Prime Mixed-Use Investment Opportunity 6943 Monroe 6,160 SF 100% Leased Retail Building Stockwell, IN 47983 For Sale
Investment Highlights
- Central location in Stockwell, IN
- One Apartment on second story (currently rented)
- Ballroom upstairs ready to be finished into more apartments or other rental spaces
- Two separate storefronts.
- Comes with all accessories to start pizza shop/ice cream business
- 25 minutes from Ross-Ade Stadium and Purdue University
Executive Summary
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.
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.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
6,160 SF
Building Class
C
Year Built/Renovated
1901/2022
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.83
Lot Size
0.17 AC
Zoning
CB
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 79-16-08-229-017.000-007 | Improvements Assessment | $123,700 |
| Land Assessment | $0 | Total Assessment | $123,700 |
Property Taxes
Parcel Number
79-16-08-229-017.000-007
Land Assessment
$0
Improvements Assessment
$123,700
Total Assessment
$123,700
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Prime Mixed-Use Investment Opportunity | 6943 Monroe
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