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    2127 Prytania St New Orleans, LA 70130

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    For Lease
    $7,000 /Mo ($20 SF/Yr)

    Restaurant space for lease in historic Magnolia Mansion.

    Property size:
    4,054 SF
    Lot size:
    4,054 SF

    Property Features for 2127 Prytania St

    General Information

    Size
    4,054 SF

    Source: Chuck Pennewell Agent Chuck Pennewell

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Mansion Restaurant Space Available

    Located on Prytania Street, between Josephine Street and Jackson Avenue, Magnolia Mansion is situated less than a block away from the Historic St. Charles Streetcar Line. The property is excellently located between the Garden District, the heart of the Museum District, and the French Quarter. The available restaurant space, formerly Le Coeur Du Magnolia, is approximately 4,054 square feet and located on the first floor of the building. The kitchen is fully equipped with all FF&E available for use by the new tenant. The restaurant opens up to two spacious courtyards, providing additional seating. The space allows seating for 100+ indoors and unlimited seating outdoors.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Magnolia Mansion Hotel 2127 Prytania Hotel

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Food Barbeaux and Resurrection Garden & Grocery, Joel Catering, R.E.D. Culinary Investments LLC, Highlights Catering, NOLA CATERING AND HOSPITALITY Services LLC

    Location Insight

    • Map
    • Local Demand
    City
    New Orleans
    County
    Jefferson
    State
    Louisiana
    Longitude
    -90.0793206
    Latitude
    29.933304

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    FAQs

    What type of property is this?
    Restaurant - Restaurant space for lease in historic Magnolia Mansion.
    Where is this restaurant located?
    The property is located at 2127 Prytania St New Orleans, LA.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: - Prime location on Prytania Street, between Josephine Street and Jackson Avenue, near the St. Charles Streetcar Line.; - Fully equipped kitchen with all FF&E included.; - Approximately 4,054 SF restaurant space on the first floor.
    (913) 645-7391
    Request Owner's contact information
    2127 Prytania St New Orleans, LA 70130
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    New Orleans, LA 70130
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2127 Prytania St New Orleans, LA 70130
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