Historic Mixed-Use Storefront
For Sale
$200,000
302 E railroad avenue, Independence, LA 70443
Masonry construction combines ground-floor commercial space with two upstairs apartments.
Property Size8,163 SF
Price / SF$24.50
Days on Market797
Property Features for 302 E railroad avenue
General Information
Standard status
Active
Size
8,163 SF
Property subtype
Retail
Amenities
Water
Sewer
Listing Agency:
Keller Williams Realty Service - Hammond
(504) 915-1961
Listed By:
Bart Gillis · License #000069580
(504) 915-1961
Source:
Lacdb.resimplifi
Added: Jun 25, 2024
Changed: Aug 30
Last Checked: Aug 30 at 1:08AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty Service - Hammond
Investment Insights
Based on property information with market context.
This historic masonry building contains 8,163 square feet across two levels. The 4,615-square-foot lower floor is arranged for potential division into at least three commercial spaces, while the 3,548-square-foot upper level currently contains two apartments. The property is located at 302 E Railroad Avenue in downtown Independence, Louisiana.
Renovation work qualifies for a 35% Louisiana historic-building tax credit and a 20% Federal historic tax credit, subject to applicable program requirements and confirmation through the Louisiana Office of Cultural Development. The existing combination of storefront and residential areas supports a mixed-use configuration within the building’s current layout.
Renovation work qualifies for a 35% Louisiana historic-building tax credit and a 20% Federal historic tax credit, subject to applicable program requirements and confirmation through the Louisiana Office of Cultural Development. The existing combination of storefront and residential areas supports a mixed-use configuration within the building’s current layout.
Key Highlights
- 8,163 SF historic masonry mixed‑use building
- 4,615 SF downstairs area with potential for at least 3 commercial spaces
- 3,548 SF upstairs level configured as 2 apartments
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
185
Businesses Nearby
Explore this area
Business Placement
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 Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Masonry construction combines ground-floor commercial space with two upstairs apartments.
Where is this mixed-use property located?
The property is located at 302 E railroad avenue Independence, LA.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: 8,163 SF historic masonry mixed‑use building; 4,615 SF downstairs area with potential for at least 3 commercial spaces; 3,548 SF upstairs level configured as 2 apartments
