REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Kyle Pugh • Century 21 Scheetz - Carmel • cell: 463-224-2992
$ 290,000
Est. payment | /mo
4 Baths
7,492 Sqft Lot
$ 290,000
Est. payment | /mo
4 Baths
7,492 Sqft Lot
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
IDX information provided by the Indiana Regional MLS. © 2026 Listings courtesy of Indiana Regional MLS as distributed by MLS GRID. All Rights Reserved.
MORTGAGE CALCULATOR
Mortgage values are calculated by Lofty and are for illustration purposes only, accuracy is not guaranteed.
GET MORE INFORMATION