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$ 7,100,000
Est. payment /mo
Active
5931-61 BULLARD AVE New Orleans, LA 70128
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2536092
HOA Y/N No
Year Built 2008
Property Description
Opportunity Knocks — Positioned for Growth in New Orleans East
Location isn't just important — it's everything. This rare, large-scale income-producing asset sits in the heart of a rapidly developing corridor in New Orleans East, surrounded by new construction and ongoing redevelopment that continues to elevate the area's long-term trajectory. This is more than stabilized income — it's a strategic value-add play with measurable upside. Investment Highlights:
Strong in-place income with rents currently below market, creating immediate revenue lift potential
Clear value-add pathway through strategic rent adjustments and operational efficiencies
Three to five additional plots with road frontage included, offering expansion, redevelopment, or future build-out opportunities
Positioned in a growth corridor with visible reinvestment momentum
Potential to exceed $1M+ in annual gross income with targeted updates and repositioning
Designed for experienced investors who recognize scalable opportunity and understand performance metrics
This asset offers both stability and scalability — cash flow today with tangible pathways for appreciation tomorrow.
Additional Information:
Appraisal available with verified purchase structure
Motivated seller — all serious offers considered
Showings by appointment only (24–48 hours advanced notice required)
Do not disturb tenants
Proof of funds required prior to showing
Strategic positioning today can translate into outsized returns tomorrow
Location isn't just important — it's everything. This rare, large-scale income-producing asset sits in the heart of a rapidly developing corridor in New Orleans East, surrounded by new construction and ongoing redevelopment that continues to elevate the area's long-term trajectory. This is more than stabilized income — it's a strategic value-add play with measurable upside. Investment Highlights:
Strong in-place income with rents currently below market, creating immediate revenue lift potential
Clear value-add pathway through strategic rent adjustments and operational efficiencies
Three to five additional plots with road frontage included, offering expansion, redevelopment, or future build-out opportunities
Positioned in a growth corridor with visible reinvestment momentum
Potential to exceed $1M+ in annual gross income with targeted updates and repositioning
Designed for experienced investors who recognize scalable opportunity and understand performance metrics
This asset offers both stability and scalability — cash flow today with tangible pathways for appreciation tomorrow.
Additional Information:
Appraisal available with verified purchase structure
Motivated seller — all serious offers considered
Showings by appointment only (24–48 hours advanced notice required)
Do not disturb tenants
Proof of funds required prior to showing
Strategic positioning today can translate into outsized returns tomorrow
Location
State LA
County Orleans
Community Common Grounds/Area
Zoning comm
Interior
Fireplace No
Exterior
Parking Features Parking Lot
Community Features Common Grounds/Area
Water Access Desc Public
Building
Lot Description City Lot, Oversized Lot
Dwelling Type Retail
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
Others
Tax ID 701285931,5941,5951,5961BULLARDAV
Special Listing Condition None
Virtual Tour https://listings.goodbonesphotography.com/sites/qnnzwgk/unbranded
Listed by Anthony Posey Properties, Inc
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