Vacant Grocery Retail
For Sale
$379,900
515 Main Street, Franklin, LA 70538
COMMERCIAL - Franklin, LA
Property Size11,484 SF
Lot Size1.00 Acre
Price / SF$33.08
Days on Market411
Property Features for 515 Main Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Business
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2
Parking features
Parking Lot, Off Street
Security features
Security System
Directions
From Hwy 90 Take Northwest Blvd Exit -Turn RIGHT onto Chatsworth Rd - Turn LEFT onto Iberia St - Turn RIGHT onto Main St - STRAIGHT across Willow St - 5th Building on Right - Parking Lot side of building
Subdivision
St. Mary
Standard status
Active
APN
2264681175
Size
11,484 SF
Lot size
1.00 Acre
Taxes and HOA fees
Tax Description
LOT BD LAWLESS ET AL - MAIN ST - YOUNGER - FIRST ST ACQ 426 338734 LOT BD CONNOLY - MAIN ST - KRAMER - FIRST ST ACQ 426 338734
Legal Description
LOT BD LAWLESS ET AL - MAIN ST - YOUNGER - FIRST ST ACQ 426 338734 LOT BD CONNOLY - MAIN ST - KRAMER - FIRST ST ACQ 426 338734
Utilities
Heating system
Central, Heat Pump (Heating)
Cooling system
Central Air
Water source
Public
Building Details
Floors in Building
2
Roof type
Rubber
Listing Agency:
EXP Realty, LLC
(337) 522-7554
Listed By:
Rachel Spencer · License #0995693630
(337) 349-2506
Added: Jul 9, 2025
Changed: Aug 4
Last Checked: Aug 23 at 7:06AM
MLS# 2500001065
Copyright © 2026 Realtor Association of Acadiana. 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.
This vacant grocery retail building in Franklin, Louisiana is offered with key in-place operational improvements from its previous use. The property comes equipped with cash registers, POS terminals, shelving, commercial coolers and a freezer, and additional grocery-support equipment, along with an included off-site equipment package.
The sale also includes a substantial backup power system: a 175kW diesel generator that auto-starts after loss of electricity and is capable of running the building and its systems. Further property systems include a 3-year-old HVAC system with a 5-year transferable compressor warranty and a roof that is about five years old.
Ownership includes the main building lot and an adjacent parking lot, supporting on-site convenience for customers and staff. The property is located across from St. Mary Parish Courthouse in downtown Franklin and sits in Business zoning.
The sale also includes a substantial backup power system: a 175kW diesel generator that auto-starts after loss of electricity and is capable of running the building and its systems. Further property systems include a 3-year-old HVAC system with a 5-year transferable compressor warranty and a roof that is about five years old.
Ownership includes the main building lot and an adjacent parking lot, supporting on-site convenience for customers and staff. The property is located across from St. Mary Parish Courthouse in downtown Franklin and sits in Business zoning.
Key Highlights
- Vacant grocery store building in downtown Franklin, LA, across from St. Mary Parish Courthouse
- Approximately 11,484 SF building plus adjacent parking lot included in the sale
- Previously equipped as a grocery store: cash registers, POS terminals, shelving, commercial coolers and freezer, box crusher, and more
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
280
Businesses Nearby
7k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 62%
Beauty & Spa 38%
Merle Norman Cosmetic Studio
Beauty & Spa
2,615 visits/mo
0.2 miles
Shell
Shops & Services
2,530 visits/mo
0.0 miles
Whitney Bank
Shops & Services
1,681 visits/mo
0.1 miles
Demographics for 70538, LA
12,604
Population
6,428
Households
2
Avg Household Size
42
Median Age
14%
College-Educated
85%
High-School Grad
229.9 sq mi
ZIP Area
55
Density / Sq Mi
$55,662
Median Household Income
$36,436
Median Earnings
$860
Median Rent
$109,100
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Vacant grocery store building with included refrigeration, POS, shelving, and adjacent parking for convenient access.
Where is this grocery and convenience store located?
The property is located at 515 Main Street Franklin, LA.
What is the asking price?
The asking price for this property is $379,900.
What are key features of this property?
This property features: Vacant grocery store building in downtown Franklin, LA, across from St. Mary Parish Courthouse; Approximately 11,484 SF building plus adjacent parking lot included in the sale; Previously equipped as a grocery store: cash registers, POS terminals, shelving, commercial coolers and freezer, box crusher, and more
