Building Details

Year built 1913

Floors in Building 2

Listing Agency: Keller Williams Realty Services l***@kw.com Show Phone

Listed By: Bart Gillis Show Phone

Added: Jan 9 Changed: Aug 19 Last Checked: Aug 23 at 1:06PM

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MLS# 2536960

Copyright © 2026 New Orleans Metropolitan Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This commercial space, situated in downtown Independence, presents an opportunity for businesses. The space is located in a circa-1913 historic masonry building, currently under renovation, and features exposed brick and 14-foot ceilings. The available space is 1103 square feet, with additional square footage available up to 2400 square feet. The estimated availability date is December 2026. The property is zoned for commercial use. Another unit is also available.

Key Highlights

• Prime downtown location in a revitalizing area
• Historic 1913 masonry building with exposed brick and 14' ceilings
• Opportunity for rent abatement (up to 3 months) depending on tenant finish‑out requirements

Property Analytics

Property Profile

Current Use

Retail space

Suggested Use

Top Pick Big Box & Wholesale Store Storage Facility Locksmith Furniture & Home Goods Hair Salon Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

$3.00 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

185

Businesses Nearby

35k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 60% Groceries 35% Dining 6%

Piggly Wiggly Groceries

12,163 visits/mo 0.4 miles

Dollar General Shops & Services

10,321 visits/mo 0.4 miles

Dollar Tree Shops & Services

5,690 visits/mo 0.4 miles

O'Reilly Auto Parts Shops & Services

4,773 visits/mo 0.4 miles

Pizza Hut Dining

1,969 visits/mo 0.1 miles

Demographics for 70443, LA

10,229

Population

3,321

Households

3.1

Avg Household Size

38

Median Age

18%

College-Educated

74%

High-School Grad

76.2 sq mi

ZIP Area

134

Density / Sq Mi

$59,333

Median Household Income

$36,242

Median Earnings

$953

Median Rent

$145,700

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Retail space - Renovated retail space in historic building, available December 2026.

Where is this retail space located?

The property is located at 302 E RAILROAD Avenue Independence, LA.

What is the lease rate?

The lease rate is $1,838/Mo.

What are key features of this property?

This property features: Prime downtown location in a revitalizing area; Historic 1913 masonry building with exposed brick and **14' ceilings**; Opportunity for rent abatement (up to 3 months) depending on tenant finish‑out requirements