489 W Railroad Avenue Independence, LA ^$ 69,000

489 W Railroad Avenue

^$ 69,000

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489 W Railroad Avenue

Independence, LA, 70443

^$ 69,000

Studio Baths0.0 Sq 2,733

Monthly Estimate*

^$ 482

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Studio

Commercial Property for sale in Independence, LA

for $69,000. This 2,733 square foot building was built in 1956 on a lot size of 0.17.

This rare historic building is located in the heart of Independence's business area! This 2,733 sq ft commercial property presents a unique investment opportunity with potential for commercial or residential use. The building features masonry construction, a mix of stucco, brick, and wood exterior, and two parcels of land (25 x 100 and 45 x 145) attached in a T shade. The first floor currently houses a hair salon with renovation potential, while the second-floor apartment requires repairs due to fire damage. Situated in flood zone X, this property offers endless possibilities. The adjacent property is listed at $454,000.

Commercial Active

Price

^$ 69,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Lot Size

0.17

Year Built

1956

Town/City

Independence

County/Region

Tangipahoa

MLS | Web ID

2442050

Features

General

Sewer Public Sewer

Zoning COMMER

Construction Materials Brick Stucco

Year Built 1956

Stories 2

Levels Two

County Tangipahoa

Property Type Commercial Sale

Subdivision Name Independence

Other Structures Living Quarters

Total Rooms 0

Status Active

Directions GPS

City Independence

Buyer Agent Compensation 3

Street Name RAILROAD

Year Built Details The first-floor commercial space was renovated in 2013 following a fire that occurred in the second-floor bedroom area.

Days on Market 20

Structure Type Mixed Use Other Retail

Standard Status Active

Tax Lot 30

Buyer Agent Compensation Type %

Legal Description LOTS 30 & 34 SQ 24 INDEPENDENCE B433 P175 B1320 P757 MAP 1636/646

Exterior

Parking Features Three or more Spaces

Lot Features City Lot Irregular Lot Oversized Lot

Water Source Public

Lot Size Area 0.17

Building Area Total 2733

Lot Dimensions 25x110x145x110

Lot Size Acres 0.17

Interior

Full Baths 0

Half Baths 0

Street Suffix Avenue

Total Bedrooms 0

* Excluded Features

List By

The Agency Of M. Grass Group, Llc

Broker

nick@rivetrealtyservices.com

Affordability Calculator

$482

Per Month

Monthly Principal & Interest: $482
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Independence, LA

Average List Price ^$211,650

Percent of Sale Price 207%

About Independence, LA

1,971 Population

17% Since 2002

^$39,073 Median Income

35.61 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

476401 Elementary School

475975 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/29/2024	$69,000	-10.39%	Price Down
4/9/2024	$77,000		Listed Price

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489 W Railroad Avenue, Independence, LA, 70443 is a Commercial Property for sale at $69,000 with 2,733 sqft and a lot size of 0.17. 489 W Railroad Avenue is a studio with 0.0 baths and was built in 1956. The property's zip code is 70443 which is in Independence, LA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the New Orleans Metropolitan Assn. of REALTORS.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the New Orleans Metropolitan Assn. of REALTORS. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 4/30/2024.

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489 W Railroad Avenue

Commercial Property for sale in Independence, LA

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