Multi-Unit Restaurant Property With
For Sale
$550,000
4952 Bullard Ave, New Orleans, LA 70128
Three tenant units with one occupied restaurant; two are vacant, and the sale includes seafood business equipment and coolers.
Days on Market11
Property Features for 4952 Bullard Ave
General Information
Standard status
Active
Additional Details
Furnished
Yes
Business Included
Yes
Utilities to Site
Yes
Equipment Included
Yes
Building Details
Tenancy
Multi
Listing Agency:
Rodi Realty, Inc
(504) 536-1105
Listed By:
Humphrey Ndieli
(504) 536-1105
Source:
Exprealty
Added: Jul 21
Changed: Jul 30
Last Checked: Jul 30 at 10:25PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Rodi Realty, Inc
Investment Insights
Based on property information with market context.
This commercial restaurant property has three tenant units. Two of the units are vacant, and one unit is occupied by the Michoud Seafood business.
The sale of the property includes the Michoud Seafood business with its coolers and freezers (free-standing and walk-in), displays, stoves, tables, an ice maker, security systems, and the equipment used in daily operations. The inventory of goods being sold by the business, such as beer, soft drinks, seafood, meat, cigarettes, and similar items, is not included in the sale. The buyer may negotiate with the seller for the purchase of the business inventory.
Each tenant unit has its own separate electric and water meters. The seller notes that because two units are vacant and the buyer will also get the seafood business, there is no need to worry about existing tenant agreements. Showing is by appointment only, and the seller’s agent must be present. Appointments are available between 12 PM and 5 PM, Monday through Saturday.
The sale of the property includes the Michoud Seafood business with its coolers and freezers (free-standing and walk-in), displays, stoves, tables, an ice maker, security systems, and the equipment used in daily operations. The inventory of goods being sold by the business, such as beer, soft drinks, seafood, meat, cigarettes, and similar items, is not included in the sale. The buyer may negotiate with the seller for the purchase of the business inventory.
Each tenant unit has its own separate electric and water meters. The seller notes that because two units are vacant and the buyer will also get the seafood business, there is no need to worry about existing tenant agreements. Showing is by appointment only, and the seller’s agent must be present. Appointments are available between 12 PM and 5 PM, Monday through Saturday.
Key Highlights
- Three tenant units, with two vacant and one occupied by Michoud Seafood
- Sale includes Michoud Seafood coolers and freezers (free‑standing and walk‑in) plus displays and kitchen equipment
- Security system and ice maker included with the Michoud Seafood business
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
111
Businesses Nearby
625
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Home Improvements & Furnishings 100%
United Rentals
Home Improvements & Furnishings
625 visits/mo
0.5 miles
Demographics for 70128, LA
18,260
Population
8,609
Households
2.1
Avg Household Size
37
Median Age
29%
College-Educated
88%
High-School Grad
4.8 sq mi
ZIP Area
3,804
Density / Sq Mi
$53,538
Median Household Income
$36,218
Median Earnings
$1,210
Median Rent
$220,200
Median Home Value
Market
Vacancy Rate% for Retail in New Orleans, LA
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Three tenant units with one occupied restaurant; two are vacant, and the sale includes seafood business equipment and coolers.
Where is this conventional restaurant located?
The property is located at 4952 Bullard Ave New Orleans, LA.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Three tenant units, with two vacant and one occupied by Michoud Seafood; Sale includes Michoud Seafood coolers and freezers (free‑standing and walk‑in) plus displays and kitchen equipment; Security system and ice maker included with the Michoud Seafood business
