Grocery Store with Backup
For Sale
$379,900
515 Main Street, Franklin, LA 70538
Commercial Sale, Franklin, LA
Property Size11,484 SF
Lot Size1.00 Acre
Price / SF$33.08
Days on Market447
Property Features for 515 Main Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Business
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bathroom 1
Parking features
Parking Lot, Off Street
Security features
Security System
Directions
From Hwy 90 Take Northwest Blvd Exit -Turn RIGHT onto Chatsworth Rd - Turn LEFT onto Iberia St - Turn RIGHT onto Main St - STRAIGHT across Willow St - 5th Building on Right - Parking Lot side of building
Subdivision
St. Mary
Standard status
Active
APN
2264681175
Size
11,484 SF
Lot size
1.00 Acre
Taxes and HOA fees
Tax Description
LOT BD LAWLESS ET AL - MAIN ST - YOUNGER - FIRST ST ACQ 426 338734 LOT BD CONNOLY - MAIN ST - KRAMER - FIRST ST ACQ 426 338734
Legal Description
LOT BD LAWLESS ET AL - MAIN ST - YOUNGER - FIRST ST ACQ 426 338734 LOT BD CONNOLY - MAIN ST - KRAMER - FIRST ST ACQ 426 338734
Utilities
Heating system
Heat Pump (Heating), Central
Cooling system
Central Air
Water source
Public
Building Details
Floors in Building
2
Roof type
Rubber
Listing Agency:
EXP Realty, LLC
(337) 522-7554
Listed By:
Rachel Spencer · License #0995693630
(337) 349-2506
Added: Jul 9, 2025
Changed: Sep 13
Last Checked: Sep 28 at 12:06PM
MLS# 2500001065
Copyright © 2026 Realtor Association of Acadiana. 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.
The vacant grocery property includes an approximately 11,484-square-foot building on a 1-acre site. Existing improvements include cash registers, POS terminals, shelving, commercial coolers and freezer equipment, a box crusher, bathrooms, central air, and heat-pump heating. A 175kw diesel generator can automatically start within minutes of an electrical outage and operate the building and its systems. The property also has a 20-ton HVAC system installed 3 years ago, with a 5-year transferable compressor warranty, plus a 5-year-old rubber roof.
Located at 515 Main Street in downtown Franklin, the property sits across from the St. Mary Parish Courthouse. The sale includes the main building lot and an adjacent parking lot, with public water service and Business zoning. The existing layout and equipment support continued grocery use or another retail concept.
Located at 515 Main Street in downtown Franklin, the property sits across from the St. Mary Parish Courthouse. The sale includes the main building lot and an adjacent parking lot, with public water service and Business zoning. The existing layout and equipment support continued grocery use or another retail concept.
Key Highlights
- Approximately 11,484 square feet on 1 acre
- 175kw diesel generator can run the entire building and all systems
- Grocery equipment includes POS terminals, shelving, commercial coolers and freezer
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
280
Businesses Nearby
7k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 62%
Beauty & Spa 38%
Merle Norman Cosmetic Studio
Beauty & Spa
2,615 visits/mo
0.2 miles
Shell
Shops & Services
2,530 visits/mo
0.0 miles
Whitney Bank
Shops & Services
1,681 visits/mo
0.1 miles
Demographics for 70538, LA
12,604
Population
6,428
Households
2
Avg Household Size
42
Median Age
14%
College-Educated
85%
High-School Grad
229.9 sq mi
ZIP Area
55
Density / Sq Mi
$55,662
Median Household Income
$36,436
Median Earnings
$860
Median Rent
$109,100
Median Home Value
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Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Vacant commercial building with grocery equipment, dedicated parking, and backup power for the entire facility.
Where is this grocery and convenience store located?
The property is located at 515 Main Street Franklin, LA.
What is the asking price?
The asking price for this property is $379,900.
What are key features of this property?
This property features: Approximately 11,484 square feet on 1 acre; 175kw diesel generator can run the entire building and all systems; Grocery equipment includes POS terminals, shelving, commercial coolers and freezer
