Mixed-Use Quadplex with Retail Space

497 W Railroad Ave Independence, LA 70443

Claim this Listing
For Sale
$300,000

Two lower flexible spaces plus four upper units provide multiple paths for retail, office, or residential concepts.

Added:
Aug 6, 2025
Days on Market:
340
Last Refresh:
Jul 8 at 3:32 am

Property Features for 497 W Railroad Ave

General Information

Standard status
Active

Listing office NextHome Real Estate Professionals

Listing date Aug 6, 2025

Source Exprealty

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 NextHome Real Estate Professionals


Investment Insights

Based on property information with market context.

This for-sale mixed-use building is arranged with two spacious areas on the lower level that can be adapted for a variety of uses such as a banquet hall, offices, storefront space, or other configurations. The upper levels include four units, offering an opportunity to operate as apartments, office spaces, or short-term rental-style accommodations.

Located at 497 W Railroad Ave in Independence, LA, the property’s layout supports a live/work or multi-revenue approach, depending on how an owner or operator chooses to configure each floor. The combination of flexible lower space and multiple upper units can be attractive for investors or owner-operators seeking to align unit mix with their business plan.

For tenants, this asset may fit teams looking for adaptable office or retail space on the ground level, with the option of multiple unit-style setups above. For buyers, the structure’s two distinct areas—lower flexible spaces and four upper units—creates room to pursue different use strategies within a single property. Final suitability will depend on how the space is ultimately configured and permitted for each intended use.

Key Highlights

  • Two flexible lower‑level areas for use as a banquet hall, offices, or storefront
  • Four upper units with potential for apartment, office, or short‑term rental use
  • Property layout supports multiple concepts across lower retail/office space and upper units

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Arline Event Center Hotel & Motel

Suggested Use

Big Box & Wholesale Store Storage Facility Locksmith Furniture & Home Goods Hair Salon Bakery Butcher Auto Parts Store Nail Salon Veterinary Clinic

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Two lower flexible spaces plus four upper units provide multiple paths for retail, office, or residential concepts.
Where is this quadplex located?
The property is located at 497 W Railroad Ave Independence, LA.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Two flexible lower‑level areas for use as a banquet hall, offices, or storefront; Four upper units with potential for apartment, office, or short‑term rental use; Property layout supports multiple concepts across lower retail/office space and upper units
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