HIGHLAND PARK — It has been known for decades as the home of Frank’s Highland Park Camera shop. But three-story brick building in the 5700 block of Figueroa Street was once served as the Highland Park outlet for the discount Kress Department Store. The 1928 building has been on and off the market several times in recent years, but now it looks like it’s poised to finally change hands.
The 15,000-square-foot building recently went into contract after being put up for sale for $3.5 million, according to LoopNet. Frank’s Highland Park Camera sits in the middle of a hot spot of recent real estate and retail activity, with several new restaurants and shops opening nearby, that has been attracting investors. “The building has kept its original style and architecture and boasts high ceilings throughout the first and second stories,” according to listing. That original style – at least on the outside- is protected by the neighborhood’s historic district.
The deal could fall through, of course. But located only a few hundred feet from the Metro Gold Line, Frank’s Highland Park Camera is likely to attract other potential buyers.