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Historic Mixed-Use Office Building

2200 PRYTANIA Street New Orleans, LA 70130

2200 PRYTANIA Street, New Orleans, LA, 70130
$2,495,000
For Sale
$2,495,000

COMMERCIAL - New Orleans, LA

Property Size6,728 SF
Price / SF$370.84
Days on Market238

Property Features for 2200 PRYTANIA Street

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
HU-RD1
Standard status
Active
APN
412102706
Size
6,728 SF

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

Utilities

Water source
Public

Building Details

Year built
1858
Floors in Building
4
Listing agency Witry Collective, L.L.C.
Listed by Katie Witry · License #995710150
Added: Nov 25, 2025 Updated: Jun 19 at 2:13PM Checked: Jul 21 at 8:06AM
MLS# 2532125

Copyright © 2026 New Orleans Metropolitan Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This historic Greek Revival/Italianate building offers four levels with original features and a flexible interior layout. Interiors include marble fireplaces, original wood floors and windows, and a curving stairway serving the upper levels. A recent and sensitive renovation by Waggonner & Ball raised the ground floor level and exposed original framing and masonry walls. The upper floors are designed for a flexible plan and can support a range of residential and commercial uses. The property also includes multiple large windows on all levels for daylighting from three sides, along with a rear, private courtyard that has two exterior galleries and a parking area sized for three standard (or four compact) automobiles.

Situated at a corner location, the building has two entrances and a wrought iron front balcony on Jackson Avenue. It is described as being a block off St. Charles Avenue and four blocks from Magazine Street, with proximity to the Central Business District as well as institutions and commercial businesses.

The building’s configuration includes a ground floor plus upper levels, with a flexible floor plan and multiple window openings throughout, supporting different sizes of uses as needed.

Key Highlights

  • Greek Revival/Italianate historic building built in 1852 with four levels and original wrought iron front balcony on Jackson Avenue
  • Corner of Jackson Avenue and Prytania Street; two entrances and tall ceilings with curving stairway and marble fireplaces
  • Recent and sensitive renovation by Waggonner & Ball raised the ground floor level and exposed original framing and masonry walls

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $153.4k $22.80
− Vacancy −$21.2k −$3.15
EGI $132.2k $19.65
− OpEx −$33.1k −$4.91
NOI $99.2k $14.74
6,728 SF · lease $22.80/SF/yr · vacancy 13.80% · expense 25.00%

Alternative Uses

Best Use
Office B
$1.42M
$1.24M – $1.65M (±1% cap)
NOI $99,172 @ 7.0% cap · market cap 3.97%
Second Best
Mixed Use
$1.30M
$1.14M – $1.51M (±1% cap)
NOI $90,828 @ 7.0% cap · market cap 3.64%
Theoretical Best
Office A
$1.71M
$1.50M – $2.00M (±1% cap)
NOI $119,702 @ 7.0% cap · market cap 4.80%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Waggonner & Ball Architects Architect

Suggested Use

(Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Electrical Service Tanning Salon Locksmith (Bike/Boat/Book/etc) Store Pet Store & Service Acupuncture Mobile Phone Store Adult Day Care

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

FAQs

What type of property is this?
Live-work space - Four-level historic building with marble fireplaces, original wood details, and two entrances plus a private rear courtyard.
Where is this live-work space 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: Greek Revival/Italianate historic building built in 1852 with four levels and original wrought iron front balcony on Jackson Avenue; Corner of Jackson Avenue and Prytania Street; two entrances and tall ceilings with curving stairway and marble fireplaces; Recent and sensitive renovation by Waggonner & Ball raised the ground floor level and exposed original framing and masonry walls
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