Masonry Mixed-Use
For Sale
$109,000
489 W Railroad Ave, Independence, LA 70443
Historic two-level property combines commercial space below with a redesigned apartment floor plan upstairs.
Property Size2,270 SF
Price / SF$48.02
Days on Market50
Property Features for 489 W Railroad Ave
General Information
Standard status
Active
Size
2,270 SF
Additional Details
Floor
Ground
Utilities to Site
Yes
Building Details
Year Built
1913
Construction
masonry
Listing Agency:
Keller Williams Realty Services
(504) 915-1961
Listed By:
Bart Gillis · License #000069580
Source:
Fiorellaavenue
Added: Jul 10
Changed: Aug 28
Last Checked: Aug 25 at 4:35AM
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 Services
Investment Insights
Based on property information with market context.
This historic masonry mixed-use property contains approximately 2,270 square feet across two levels. The approximately 1,100-square-foot ground-floor commercial area has been gutted and is configured as a flexible blank canvas. Renovation work includes new windows, electrical panels, a water supply line, a 10-year roof coating, and spray foam insulation beneath the roof decking. The upper level includes a newly redesigned apartment floor plan.
The property encompasses 2 city lots at 489 W Railroad Ave in Independence, Louisiana. Its combination of commercial space, an upper-level residential layout, and multiple lots creates a distinctive physical configuration for redevelopment or continued mixed-use planning.
The property encompasses 2 city lots at 489 W Railroad Ave in Independence, Louisiana. Its combination of commercial space, an upper-level residential layout, and multiple lots creates a distinctive physical configuration for redevelopment or continued mixed-use planning.
Key Highlights
- Approximately 2,270 square feet across two levels
- Approximately 1,100 sf of ground‑floor commercial space
- Historic masonry storefront on 2 city lots
Property Analytics
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
182
Businesses Nearby
36k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 61%
Groceries 34%
Dining 5%
Piggly Wiggly
Groceries
12,163 visits/mo
0.2 miles
Dollar General
Shops & Services
10,321 visits/mo
0.5 miles
Dollar Tree
Shops & Services
5,690 visits/mo
0.5 miles
O'Reilly Auto Parts
Shops & Services
4,773 visits/mo
0.2 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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Historic two-level property combines commercial space below with a redesigned apartment floor plan upstairs.
Where is this mixed-use property located?
The property is located at 489 W Railroad Ave Independence, LA.
What is the asking price?
The asking price for this property is $109,000.
What are key features of this property?
This property features: Approximately 2,270 square feet across two levels; Approximately 1,100 sf of ground‑floor commercial space; Historic masonry storefront on 2 city lots
