www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
13427314
13427315

9530 Hayne Blvd, New Orleans, LA 70127

MC
LA 995714587
Latitude Realty
Listed by Latitude Realty
$1,200,000
482 days on market
Updated 11 days ago

Habibi Market Convenience Store w Apartments

Details
Property Type Retail
Sub Type Convenience Store, Grocery Store (+1)
Square Footage 10,000
Cap Rate 25%
NOI $300,000
Occupancy 100%
Tenancy Multi
Price per SqFt $120
Year Built 1995
Buildings 1
Stories 2
Lot Size (SqFt) 11,400
Zoning S-RM2
Parking Spaces 12 spaces
Parking Per SqFt 1.20
Investment Type Owner/User
Tenant Credit No Credit Rating
Ownership 100
Sale Condition For sale by owner

Large Convenient Store / Grocery Store Owner/Operator W 2nd Story Apartments

Marketing description

Well Established Local Convenience Store w attached warehouse & Apartments (on 2nd story), Store typical items plus Lottery, ATM, Check Cashing, Food Stamps, Deli w Food, Liquor, beer, wine; (2) Apartments on 2nd story: Unit 1 has 2 bedrooms, Unit 2 has 8 bedrooms (fully leased)

Investment highlights

Great Family Owned Large full service convenience store surrounded by large number of apartment complexes for a great client base. The second story contains 2 separate apartment units with 1st apartment being a 2 bedroom and the 2nd apartment being an 8 bedroom. Both of the apartments have maintained full occupancies. Then entire 2 story building is metal with a metal roof and metal exterior wall which is perfect for storm protection.

This Entire building was built and has been operating by the same family since 1995 and is a Staple of the Area. Profits could be higher if new owner was to bring back WIX food card. A constant profitable money make ready for new owner!

Listing Contacts

MC
LA 995714587
Latitude Realty
Listed by Latitude Realty

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$300,000.00
$25,000.00/mo

Valuation Metrics

0
DSCR
25%
Cap Rate
25%
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Matthew Carpenter
License
995714587
Brokerage
Marques M Thomas
Brokerage Phone
5044424345
Title
Real Estate Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591