Store and Restaurant Convenience
11334 HIGHWAY 23 Belle Chasse, LA 70037
For Sale
$950,000
COMMERCIAL - Belle Chasse, LA
Property Size3,468 SF
Lot Size4.00 Acres
Price / SF$273.93
Days on Market46
Property Features for 11334 HIGHWAY 23
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- A-2
- Standard status
- Active
- APN
- 1504150-1504210
- Size
- 3,468 SF
- Lot size
- 4.00 Acres
Taxes and HOA fees
- Tax Description
- 1/2 X 40 ON R/DESC R/W OF LA ST HWY 23. BOUNDED ABOVE BY D JEANFREAU & N FLEMING & BELOW BY LANDS NOW OR FORMERLY BELONGING TO HELEN F SLAVICH. COMM BLDG & FREEZER BLDG
Utilities
- Water source
- Public
Building Details
- Year built
- 1965
- Floors in Building
- 1
Listing Agency:
Homesmart Realty South
(504) 908-7653
Listed By:
Daniel Trosclair
(504) 908-5037
Added: Jun 9
Last Checked: Jul 24 at 11:06PM
MLS# 2561127
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.
This for-sale property operates as a combined convenience store and restaurant in very good condition, totaling 4,511 square feet of combined space. The main improvements include 4,255 square feet, with 3,468 square feet of finished and conditioned area configured for open retail use. The layout features two service counters, a walk-in cooler/beer cave, a storage room, an open dining room, a commercial kitchen, and two restrooms. An additional 788 square feet provides covered and screened storage/boil space, and there is also a detached 256 square foot walk-in freezer adjacent to the main improvements.
The property is located at 11334 Highway 23 in Belle Chasse, Louisiana, within Plaquemines Parish. The land is described as having easements for government and right-of-way access, with approximately 1 acre identified as used for the main site.
For a buyer seeking an established footprint for a convenience concept with in-house food service, the existing configuration supports both retail counter service and a full commercial kitchen with dining. With multiple cold-storage components and dedicated food-service areas already in place, the property may be well suited to continue similar operations under the A-2 zoning designation.
The property is located at 11334 Highway 23 in Belle Chasse, Louisiana, within Plaquemines Parish. The land is described as having easements for government and right-of-way access, with approximately 1 acre identified as used for the main site.
For a buyer seeking an established footprint for a convenience concept with in-house food service, the existing configuration supports both retail counter service and a full commercial kitchen with dining. With multiple cold-storage components and dedicated food-service areas already in place, the property may be well suited to continue similar operations under the A-2 zoning designation.
Key Highlights
- 1965‑built combined store and restaurant with 4,511 sq ft total space
- 4,255 sq ft main improvements with 3,468 sq ft finished/conditioned retail and dining area
- Open retail space with 2 service counters plus walk‑in cooler/beer cave and storage room
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $79.9k | $23.04 |
| − Vacancy | −$1.6k | −$0.46 |
| EGI | $78.3k | $22.58 |
| − OpEx | −$19.6k | −$5.64 |
| NOI | $58.7k | $16.93 |
3,468 SF · lease $23.04/SF/yr · vacancy 2.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$839.0K
$734.1K – $978.8K
NOI $58,728 @ 7.0% cap · market cap 6.18%
Second Best
Retail
$783.0K
$685.2K – $913.6K
NOI $54,813 @ 7.0% cap · market cap 5.77%
Theoretical Best
Office A
$915.0K
$800.6K – $1.07M
NOI $64,047 @ 7.0% cap · market cap 6.74%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Grocery and convenience stores
FAQs
What type of property is this?
Grocery and convenience store - Combined convenience store and restaurant with conditioned dining, kitchen, and walk-in cooler/freezer on an A-2 zoned site.
Where is this grocery and convenience store located?
The property is located at 11334 HIGHWAY 23 Belle Chasse, LA.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 1965‑built combined store and restaurant with 4,511 sq ft total space; 4,255 sq ft main improvements with 3,468 sq ft finished/conditioned retail and dining area; Open retail space with 2 service counters plus walk‑in cooler/beer cave and storage room
