1201 Canal Street, New Orleans, LA 70112

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Sydney A.

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Building Details:

• Year Built: 1903

1201 Canal Street is aretail property for lease in New Orleans, LA.

Historic building is located steps away from the French Quarter, the Central Business District, and the Medicial District. Valet Parking is available for the lease tenants. "1201 Canal Condominiums" located above the property are currently 85% occupied. Condo prices range from $159,000 to $1.1 million. Go to www.1201Canal.com for more information. Apartment residents have commenced moving in since December 2008. All 122 apartments anticipated to be fuly leased by the end of June 2009. Rents exceed $2 psf, the highest in the city! Next door, the Saegar Theater is set to reopen in 2011 after a $40 million renovation. The Roosevelt Hotel has reopened in June 2009 after a $150 million renovation.

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