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    302 E Railroad Ave Independence, LA 70443

    For Lease
    $1,838 /Mo ($20 SF/Yr)

    Retail - Independence, LA

    Type:Retail
    Property size:
    1,103 SF
    Days on Market:
    161
    Last Refresh:
    Dec 5 at 4:06 am

    Property Features for 302 E Railroad Ave

    General Information

    Property type
    Commercial Lease
    Property subtype
    Retail
    Standard status
    Active
    Zoning
    Comm
    Size
    1,103 SF

    Taxes and HOA fees

    Expense value
    1838
    Expense
    Security Deposit
    Expense freq.
    Once

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Building materials
    Brick
    Architectural style
    Other

    Keller Williams Realty Services (985) 727-7000 [email protected]

    Listing agent Bart Gillis (985) 727-7000

    Listing date Jun 28, 2025

    MLS# 2508984 Listing URL

    Copyright © 2025 Gulf South Real Estate Information Network. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Retail Space in Independence

    This retail space, situated in a circa-1913 historic masonry building that originally served as a general store, is currently undergoing renovation. Located in downtown Independence, Louisiana, the property offers an exciting opportunity for businesses. The space features exposed brick, 14-foot ceilings, and ample natural light, creating an attractive ambiance for customers. The property is 1103 square feet, with additional square footage available up to 2400 square feet. Several restaurants and businesses are located nearby, contributing to consistent foot traffic. A local restaurateur recently opened a restaurant across the street. The estimated date of availability is December 2026. A possible 3-month rent abatement may be available depending on the level of finishing required by the tenant. Unit A is also available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Gym & Fitness Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Independence
    County
    State
    Louisiana
    Longitude
    -90.5002405
    Latitude
    30.6358157

    Nearby Similar for Lease

    • $4,176 /Mo
      2,406 SF

      Downtown Independence Retail Opportunity

      Renovated retail space in historic building, ideal for cafe.
      302 E Railroad Ave, Independence, LA 70443
      View Details
    • $20 SF/Yr
      111,170 SF

      Covington Village Walk Office Suites

      Prime Office Space, St. Tammany Parish
      5100 Vlg Walk, Independence, LA 70443
      View Details

    FAQs

    What type of property is this?
    Retail space - Renovated retail space in historic downtown Independence building.
    Where is this retail space located?
    The property is located at 302 E Railroad Ave Independence, LA.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: - Prime downtown location in a revitalizing area with high foot traffic.; - Historic circa-1913 masonry building with exposed brick and **14' ceilings**.; - Ample natural light creating an attractive ambience.
    (985) 727-7000
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    302 E Railroad Ave Independence, LA 70443
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