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
Stockwell is located in Indiana. Stockwell, Indiana has a population of 215. Stockwell is more family-centric than the surrounding county with 32.81% of the households containing married families with children. The county average for households married with children is 31.5%.
The median household income in Stockwell, Indiana is $67,639. The median household income for the surrounding county is $53,468 compared to the national median of $69,021. The median age of people living in Stockwell is 35.1 years.
The average high temperature in July is 84.9 degrees, with an average low temperature in January of 17.9 degrees. The average rainfall is approximately 38.5 inches per year, with 19.5 inches of snow per year.
