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Nicholas LaHaye
REALTOR®

5931-61 Bullard Avenue, New Orleans, LA 70128

$6,800,000
  • 5931-61 Bullard Avenue, New Orleans, LA 70128 Main Photo

39 Photos

Active Price Reduced $100,000 on October 27th, 2026
MLS#2536092
STATUSActive PROPERTY TYPECommercial - Business

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

5931-61 Bullard Avenue | MLS# 2536092

This commercial property located at 5931-61 Bullard Avenue, New Orleans, LA 70128 is currently listed for sale with an asking price of $6,800,000. Search New Orleans real estate on nicholaslahaye.wurthre.com today.

Property Features

Property Type: Commercial - Business
Lot Size: 6.94 Acres
Stories: 1.0
Year Built: 2008

Feature Descriptions

Days on Site: 7
Exterior: Frame, Structural Insulated Panels
Lot Dimensions: 756x400
Parcel#: 701285931,5941,5951,5961BULLARDAV
Parking: Parking Lot
Parking Notes: Parking Lot
Sewer: Public Sewer
Utilities: Natural Gas Available
Water: Public

Listed By / Shown By

Listed By

Agency Name: Anthony Posey Properties, Inc
Agency Phone: 504-595-8000

Shown By

Agent Name: Nicholas LaHaye
Agent Phone: (601) 916-5580
Agency Title: Wurth Real Estate Services

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 10/30/2026. The listing information on this page last changed on 10/30/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 10/30/2026 12:00:32 AM EST) or ROAM MLS (last updated Thu 10/29/2026 11:55:28 PM EST). Real estate listings held by brokerage firms other than Wurth Real Estate Services may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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Agency License Information: Licensed in Louisiana


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