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    1501 Prytania St New Orleans, LA 70130

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    For Lease
    $1.00 SF/Yr

    Unique suites for artists, entrepreneurs, and small businesses.

    Property size:
    3,000 SF
    Lot size:
    0.19 Acres

    Property Features for 1501 Prytania St

    General Information

    Size
    3,000 SF
    Lot size
    0.19 Acres

    Source: ben + burka Agent Aaron Kazanoff

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

    Overview

    Creative Space in Lower Garden

    Located at 1501 Prytania Street in New Orleans’ Lower Garden District, The Bazaar offers a purpose-built space designed to support artists, entrepreneurs, and small businesses. The property houses 13 uniquely styled suites leased by an electric mix of artists, offices, makers, and residents. Approximately 3,000 square feet is currently available, including a corner suite with foot traffic, outdoor space, and visibility at the intersection of Melpomene and Prytania. Suites range from 600 to 1,200 square feet and can be combined. The property is undergoing major exterior renovations. The owner will consider build-to-suit options for qualified tenants.
    Location Intelligence

    Current Use by Public Records

    Picture Perfect Upholstery Upholstery Shop

    Suggested Use

    Realty agency Spa & Massage Dental Office Restaurant Hair Salon Nail Salon Building Supply Gym & Fitness Daycare Center Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    New Orleans
    County
    Jefferson
    State
    Louisiana
    Longitude
    -90.0743958
    Latitude
    29.9382512

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    FAQs

    What type of property is this?
    Retail space - Unique suites for artists, entrepreneurs, and small businesses.
    Where is this retail space located?
    The property is located at 1501 Prytania St New Orleans, LA.
    What is the lease rate?
    The lease rate is $1.00 SF/Yr.
    What are key features of this property?
    This property features: - Prime location in the Lower Garden District at the intersection of Melpomene and Prytania, offering high visibility and foot traffic.; - Approximately 3,000 square feet of available space, including an iconic corner suite.; - Diverse tenant mix of artists, offices, makers, and residents, fostering a creative environment.
    (512) 799-3069
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    1501 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
    1501 Prytania St New Orleans, LA 70130
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