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Vacant Freret Street Buildings Pull In 'Two Strong Offers'

photos via Keller Williams

Will 2014 be the year of development for this piece of red-hot real estate on Freret Street? On almost an acre of prime property, the buildings total 28,514-square-feet and Uptown Messenger reports, "The [Barreca] family received two strong offers on the property before the holidays, and [Joseph Barreca] expects a decision on them this month." There was no spilling of the beans involving numbers or details, but the listing does have a $2,500,000 price tag.

Home to Frank's Steakhouse back in the day, a couple of plans for the space have fallen through in the past year. Plans to transform the buildings into a restaurant/office/apartment combo were ditched when the city said no to demo'ing two blighted houses on Cadiz Street to make way for more parking. In 2013, a developer's idea for upscale student-housing was also scrapped when neighbors were less than impressed.
· Listing: 4517 Freret St. [Keller Williams]
· Freret Vet slated for demolition; offers pending on Barreca buildings [Uptown Messenger]