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Stephanie Bilbe Burkett
REALTOR®
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5931-61 Bullard Avenue, New Orleans, LA 70128

$7,100,000
  • 5931-61 Bullard Avenue, New Orleans, LA 70128 Main Photo

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Active
MLS#2536092
STATUSActive PROPERTY TYPECommercial - Retail

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

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 $7,100,000. Search New Orleans real estate on sburkett.wurthre.com today.

Property Features

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

Feature Descriptions

Community Features: Common Grounds/Area
Days on Site: 71
Exterior: Frame, Structural Insulated Panels
Lot: City Lot, Oversized Lot
Lot Dimensions: 756x400
Parking: Parking Lot
Sewer: Public Sewer
Water: Public

Listed By / Shown By

Listed By

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

Shown By

Agent Name: Stephanie Bilbe Burkett
Agent Phone: (504) 975-4160
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 03/15/2026. The listing information on this page last changed on 03/15/2026. 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 Sun 03/15/2026 12:25:00 AM EST) or Greater Baton Rouge MLS (last updated Sat 03/14/2026 11:30:28 PM EST) or GSREIN MLS (last updated Sun 03/15/2026 12:22:27 AM 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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