Mixed-Use Building with
For Sale
$109,000
489 W RAILROAD Avenue, Independence, LA 70443
Commercial Sale, Independence, LA
Property Size2,270 SF
Price / SF$48.02
Days on Market246
Property Features for 489 W RAILROAD Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Comm
Parking features
Off Street
Directions
From I-12, Exit Independence to right, make right on W Railroad (Hwy 51), building on right
Standard status
Active
APN
0INDY00000805
Size
2,270 SF
Additional Details
Mixed-Use Components
retail, residential
Taxes and HOA fees
Tax Description
LOTS 30 & 34 SQ 24 INDEPENDENCE
Legal Description
LOTS 30 & 34 SQ 24 INDEPENDENCE
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1913
Floors in Building
2
Building materials
Brick
Buildings
1
Listing Agency:
Keller Williams Realty Serv.
(985) 727-7000
Listed By:
Bart A Gillis · License #000069580
(504) 915-1961
Added: Feb 20
Changed: Oct 23
Last Checked: Oct 24 at 3:06AM
MLS# 2545136
Copyright © 2026 ROAM MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
At 489 W Railroad Avenue in Independence, this 2,270-square-foot mixed-use building has commercial space on the ground floor and a redesigned apartment floor plan upstairs. The approximately 1,100-square-foot lower-level commercial area is vacant and has been gutted, leaving the interior ready for a new configuration. The property is zoned Comm and was built in 1913, with brick construction and off-street parking.
Completed work includes new windows, electrical panels and a water supply line, along with a 10-year roof coating and spray foam insulation beneath the roof decking. The building occupies two city lots. Public water and public sewer serve the property.
Completed work includes new windows, electrical panels and a water supply line, along with a 10-year roof coating and spray foam insulation beneath the roof decking. The building occupies two city lots. Public water and public sewer serve the property.
Key Highlights
- 2,270‑square‑foot mixed‑use building with approximately 1,100 square feet of ground‑floor commercial space
- Redesigned apartment floor plan upstairs
- Situated on two city lots
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
Frequently Asked Questions
What type of property is this?
Mixed-use property - Ground-floor commercial space sits below a redesigned apartment layout, with off-street parking and public utilities.
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 building with approximately 1,100 square feet of ground‑floor commercial space; Redesigned apartment floor plan upstairs; Situated on two city lots
