Historic Mixed-Use
For Sale
$2,495,000
2200 PRYTANIA Street, New Orleans, LA 70130
Commercial Sale, New Orleans, LA
Property Size6,728 SF
Price / SF$370.84
Days on Market334
Property Features for 2200 PRYTANIA Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
HU-RD1
Parking
3
Lot features
Corner Lot
Directions
At the historic intersection of Prytania and Jackson (1 block to St. Charles Avenue & 4 blocks to Magazine Street)
Standard status
Active
APN
412102706
Size
6,728 SF
Additional Details
Currently Operating
Yes
Property Use
Office
Taxes and HOA fees
Tax Description
SQ 202 PT LOT 13 PT LOT 14 JACKSON AND PRYTANIA 35 OVER 16 X 105 VAR 1452/56 JACKSON AV & 2200 PRYTANIA FILE #16704
Legal Description
SQ 202 PT LOT 13 PT LOT 14 JACKSON AND PRYTANIA 35 OVER 16 X 105 VAR 1452/56 JACKSON AV & 2200 PRYTANIA FILE #16704
Utilities
Utilities
Natural Gas Available
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1858
Floors in Building
4
Flooring type
Wood
Buildings
1
Listing Agency:
Witry Collective, L.L.C.
(504) 291-2022
Listed By:
Katie A Witry · License #995710150
(504) 919-8585
Added: Nov 25, 2025
Changed: Oct 23
Last Checked: Oct 25 at 6:06AM
MLS# 2532125
Copyright © 2026 ROAM MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 6,728-square-foot, four-level property combines a Greek Revival and Italianate exterior with an adaptable interior. Its features include two entrances, tall ceilings, marble fireplaces, original wood floors and windows, and a curved stairway to the upper levels. A renovation exposed original framing and masonry, while upper floors retain flexible layouts. Large windows on three sides provide natural daylight. The rear courtyard includes two exterior galleries and parking for three standard or four compact vehicles.
At Jackson Avenue and Prytania Street, the building is one block from St. Charles Avenue and four blocks from Magazine Street. The Central Business District and nearby institutions and businesses are also close. The property is zoned HU-RD1 and has public water and sewer, with natural gas available. Its history includes use as a pharmacy and as offices for an architectural firm; residential space was also present on the second and third floors.
At Jackson Avenue and Prytania Street, the building is one block from St. Charles Avenue and four blocks from Magazine Street. The Central Business District and nearby institutions and businesses are also close. The property is zoned HU-RD1 and has public water and sewer, with natural gas available. Its history includes use as a pharmacy and as offices for an architectural firm; residential space was also present on the second and third floors.
Key Highlights
- 6,728‑square‑foot, four‑level mixed‑use property
- Rear courtyard with two exterior galleries and parking for three standard or four compact vehicles
- At the corner of Jackson Avenue and Prytania Street; one block from St. Charles Avenue and four blocks from Magazine Street
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$99,172
Cap Rate
3.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,983,440
$2.0M
Cap Rate 7%
$1,416,743
$1.4M
Cap Rate 9%
$1,101,911
$1.1M
Market Conditions
NOI Build-Up for 6,728 SF
Gross rent
$153.4K $22.80/SF
− Vacancy
−$21.2K −$3.15/SF
EGI
$132.2K $19.65/SF
− OpEx
−$33.1K −$4.91/SF
NOI
$99.2K $14.74/SF
Area
New Orleans, LA
Vacancy
13.80%
Lease Rate
$22.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,983,440
Cap Rate 7%
$1,416,743
Cap Rate 9%
$1,101,911
Alternative Uses
Best Use
Office B
$1.42M
$1.24M – $1.65M
NOI $99,172 @ 7.0% cap · market cap 3.97%
Second Best
Mixed Use
$1.30M
$1.14M – $1.51M
NOI $90,828 @ 7.0% cap · market cap 3.64%
Theoretical Best
Office A
$1.71M
$1.50M – $2.00M
NOI $119,702 @ 7.0% cap · market cap 4.80%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Single-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,703
Businesses Nearby
Explore this area
Business Placement
Demographics for 70130, LA
14,521
Population
10,927
Households
1.3
Avg Household Size
38
Median Age
64%
College-Educated
92%
High-School Grad
2.1 sq mi
ZIP Area
6,915
Density / Sq Mi
$82,758
Median Household Income
$52,492
Median Earnings
$1,410
Median Rent
$529,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in New Orleans, LA
Frequently Asked Questions
What type of property is this?
Mixed-use property - Four levels, adaptable upper-floor layouts, and a private rear courtyard support a range of commercial and residential configurations.
Where is this mixed-use property located?
The property is located at 2200 PRYTANIA Street New Orleans, LA.
What is the asking price?
The asking price for this property is $2,495,000.
What are key features of this property?
This property features: 6,728‑square‑foot, four‑level mixed‑use property; Rear courtyard with two exterior galleries and parking for three standard or four compact vehicles; At the corner of Jackson Avenue and Prytania Street; one block from St. Charles Avenue and four blocks from Magazine Street
