Historic Mixed-Use
For Sale
$109,000
489 W RAILROAD Avenue, Independence, LA 70443
Commercial, Independence, LA
Property Size2,270 SF
Price / SF$48.02
Days on Market202
Property Features for 489 W RAILROAD Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Comm
Parking features
Off Street
Subdivision
Not a Subdivision
Lot features
Oversized
Standard status
Active
APN
0INDY00000805
Size
2,270 SF
Taxes and HOA fees
Tax Description
LOTS 30 & 34 SQ 24 INDEPENDENCE
Legal Description
LOTS 30 & 34 SQ 24 INDEPENDENCE
Utilities
Water source
Public
Building Details
Year built
1913
Floors in Building
2
Listing Agency:
Keller Williams Realty Services
(985) 727-7000
Listed By:
Bart Gillis
(504) 915-1961
Added: Feb 20
Changed: Aug 19
Last Checked: Sep 10 at 11:06AM
MLS# 2545136
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.
Built in 1913, this 2,270-square-foot mixed-use property combines a masonry storefront with commercial space on the first floor and a redesigned apartment floor plan upstairs. Approximately 1,100 square feet of commercial area is positioned for a future interior layout tailored to the eventual operator.
Substantial building work has been completed, including replacement windows, new electrical panels, a new water supply line, a 10-year roof coating, and spray foam insulation beneath the roof decking. The property occupies two city lots and includes off-street parking. Public water serves the building, and the zoning designation is Comm. Located on W Railroad Avenue in Independence, the property offers a combination of commercial frontage, upper-level residential planning, and additional site area within the existing town setting.
Substantial building work has been completed, including replacement windows, new electrical panels, a new water supply line, a 10-year roof coating, and spray foam insulation beneath the roof decking. The property occupies two city lots and includes off-street parking. Public water serves the building, and the zoning designation is Comm. Located on W Railroad Avenue in Independence, the property offers a combination of commercial frontage, upper-level residential planning, and additional site area within the existing town setting.
Key Highlights
- 2,270‑square‑foot mixed‑use property built in 1913
- Approximately 1,100 SF of commercial space downstairs
- Redesigned apartment floor plan on the upper level
Property Analytics
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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
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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?
Mixed-use property - Masonry commercial property with upgraded building systems and a redesigned apartment floor plan above.
Where is this mixed-use property located?
The property is located at 489 W RAILROAD Avenue 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: 2,270‑square‑foot mixed‑use property built in 1913; Approximately 1,100 SF of commercial space downstairs; Redesigned apartment floor plan on the upper level
