Ground-Floor Live-Work
For Sale
$599,900
917 Conti St Unit 102, New Orleans, LA 70112
Flexible two-room, two-bath layout with polished finishes and access to shared rooftop amenities.
Property Size1,385 SF
Price / SF$433.14
Days on Market82
Property Features for 917 Conti St Unit 102
General Information
Standard status
Active
Size
1,385 SF
Units
Unit Mix
1 x 2BR/2BA
Multifamily Units
1
Additional Details
Floor
Ground Floor
Amenities
rooftop terrace
pool
spas
grilling stations
center atrium with waterfall feature
Building Details
Year Built
1900
Owner Occupied
No
Abandoned
No
Listing Agency:
Talbot Realty Group
Listed By:
Shaun Talbot, Dawn Talbot
(504) 525-9763
Source:
Dominionplace
Added: Jul 27
Changed: Oct 6
Last Checked: Oct 7 at 5:08PM
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 Talbot Realty Group
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Investment Insights
Based on property information with market context.
This ground-level live-work unit offers 1,385 square feet arranged with two offices or bedrooms, two baths, and an expansive living or common area. HOA documents permit ancillary office use or a combined commercial office and residence arrangement. The never-occupied interior includes Italian porcelain tile, quartz and granite countertops, stainless appliances, and a 120-square-foot semi-private patio. The unit opens toward a bright central atrium featuring a 50-foot waterfall.
Residents have access to a rooftop terrace with a pool, two spas, two grilling stations, and skyline views. Garage parking may be purchased or rented separately. The property is at 917 Conti St Unit 102 in New Orleans, within walking distance of restaurants, shops, art galleries, and evening entertainment. A new home warranty and seller-paid third-party appliance warranty are available.
Residents have access to a rooftop terrace with a pool, two spas, two grilling stations, and skyline views. Garage parking may be purchased or rented separately. The property is at 917 Conti St Unit 102 in New Orleans, within walking distance of restaurants, shops, art galleries, and evening entertainment. A new home warranty and seller-paid third-party appliance warranty are available.
Key Highlights
- 1,385‑square‑foot ground‑floor live‑work unit
- HOA documents allow ancillary office or hybrid office‑residence use
- Two offices or bedrooms, two baths, and a spacious common area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,415
Cap Rate
3.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$408,300
$408.3K
Cap Rate 7%
$291,643
$291.6K
Cap Rate 9%
$226,833
$226.8K
Market Conditions
NOI Build-Up for 1,385 SF
Gross rent
$31.6K $22.80/SF
− Vacancy
−$4.4K −$3.15/SF
EGI
$27.2K $19.65/SF
− OpEx
−$6.8K −$4.91/SF
NOI
$20.4K $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%
$408,300
Cap Rate 7%
$291,643
Cap Rate 9%
$226,833
Alternative Uses
Best Use
Office B
$291.6K
$255.2K – $340.3K
NOI $20,415 @ 7.0% cap · market cap 3.40%
Second Best
Mixed Use
$267.1K
$233.7K – $311.6K
NOI $18,698 @ 7.0% cap · market cap 3.12%
Theoretical Best
Office A
$352.0K
$308.0K – $410.7K
NOI $24,641 @ 7.0% cap · market cap 4.11%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
10,590
Businesses Nearby
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Business Placement
Demographics for 70112, LA
4,988
Population
3,711
Households
1.3
Avg Household Size
35
Median Age
44%
College-Educated
91%
High-School Grad
1.0 sq mi
ZIP Area
4,988
Density / Sq Mi
$23,052
Median Household Income
$36,029
Median Earnings
$1,063
Median Rent
$398,400
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?
Live-work space - Flexible two-room, two-bath layout with polished finishes and access to shared rooftop amenities.
Where is this live-work space located?
The property is located at 917 Conti St Unit 102 New Orleans, LA.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: 1,385‑square‑foot ground‑floor live‑work unit; HOA documents allow ancillary office or hybrid office‑residence use; Two offices or bedrooms, two baths, and a spacious common area
