5931-61 Bullard Ave, New Orleans, LA 70128

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List Price
$6,800,000
Price Change
▼ $100,000 1793139320
MLS#
2536092
Status
ACTIVE
Type
Commercial
Stories
1
Parish
Orleans

Property Description

Opportunity Knocks — Positioned for Growth in New Orleans EastLocation 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 potentialClear value-add pathway through strategic rent adjustments and operational efficienciesThree to five additional plots with road frontage included, offering expansion, redevelopment, or future build-out opportunitiesPositioned in a growth corridor with visible reinvestment momentumPotential to exceed $1M+ in annual gross income with targeted updates and repositioningDesigned for experienced investors who recognize scalable opportunity and understand performance metricsThis asset offers both stability and scalability — cash flow today with tangible pathways for appreciation tomorrow.Additional Information:Appraisal available with verified purchase structureMotivated seller — all offers consideredShowings by appointment only (24–48 hours advanced notice required)Do not disturb tenantsSeller will consider contribution to buyers down payment or loan reduction Strategic positioning today can translate into outsized returns tomorrow

Additional Information

Sewer
Public Sewer
Water
Public

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Listing courtesy of Anthony Posey Properties, Inc.

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