Historic Restaurant Building with Second
For Sale
$550,000
104 N Main Street, Washington, LA 70589
COMMERCIAL - Washington, LA
Property Size3,882 SF
Lot Size0.28 Acres
Price / SF$141.68
Days on Market107
Property Features for 104 N Main Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
commercial
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2
Parking features
On Street, Off Street
Security features
Security System
Exterior features
Door Sign
Lot features
Corner, Level
Directions
I-49 to Exit 25, LA 103, toward Washington; take left at stop sign on St. Landry Veterans Memorial Hwy; take left on Main St.; property on right at corner of Main St. and Moundville.
Subdivision
L2
Standard status
Active
APN
0500214500
Size
3,882 SF
Lot size
0.28 Acres
Taxes and HOA fees
Tax Description
1 LOT N MOUNDVILLE S & W QUIRK E MAIN ST 11060207
Legal Description
1 LOT N MOUNDVILLE S & W QUIRK E MAIN ST 11060207
Utilities
Heating system
Central, Natural Gas
Cooling system
Ceiling Fan(s), Central Air
Water source
Public
Building Details
Floors in Building
2
Flooring type
Wood
Roof type
Metal
Listing Agency:
RE/MAX Acadiana · RE/MAX International
(337) 984-8470
Listed By:
Merrie Chris Leger · License #27767
(337) 962-7653
Added: Apr 20
Changed: Jul 25
Last Checked: Aug 4 at 7:06PM
MLS# 2600003390
Copyright © 2026 Realtor Association of Acadiana. 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 restaurant building is currently operating as a cafe and features original antique pier and beam construction dating to the early 1800s. The property includes antique “wavy glass” window panes and was renovated in 2017 by the current owner, adding modern amenities while preserving its historic character. An unfinished second floor is also present, offering the possibility to expand available space. Furniture, fixtures, and equipment are not included, but are noted as negotiable with an acceptable offer.
The property is located at 104 N Main Street in Washington, Louisiana, at the central intersection of Main Street and West Moundville.
The building is listed for sale as a commercial property and is situated on a 0.28-acre lot with a total size of 3,882 square feet.
The property is located at 104 N Main Street in Washington, Louisiana, at the central intersection of Main Street and West Moundville.
The building is listed for sale as a commercial property and is situated on a 0.28-acre lot with a total size of 3,882 square feet.
Key Highlights
- Historic Washington property recognized on the National Register of Historic Places—Old Courtableau Cafe
- Early 1800s original antique pier and beam construction; metal roof and wavy glass window panes
- Renovated in 2017 and currently operating as a cafe (restaurant)
Financial Insights For Specialty Retail
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 | $53.6k | $13.80 |
| − Vacancy | −$3.3k | −$0.86 |
| EGI | $50.3k | $12.94 |
| − OpEx | −$12.6k | −$3.24 |
| NOI | $37.7k | $9.71 |
3,882 SF · lease $13.80/SF/yr · vacancy 6.20% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$538.4K
$471.1K – $628.1K
NOI $37,688 @ 7.0% cap · market cap 6.85%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$585.6K
$512.4K – $683.2K
NOI $40,994 @ 7.0% cap · market cap 7.45%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
79
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 70589, LA
3,464
Population
1,522
Households
2.3
Avg Household Size
45
Median Age
13%
College-Educated
86%
High-School Grad
118.2 sq mi
ZIP Area
29
Density / Sq Mi
$44,063
Median Household Income
$31,838
Median Earnings
$653
Median Rent
$105,600
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Restaurant building on N Main Street with an unfinished second floor that may expand usable space.
Where is this conventional restaurant located?
The property is located at 104 N Main Street Washington, LA.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Historic Washington property recognized on the National Register of Historic Places—Old Courtableau Cafe; Early 1800s original antique pier and beam construction; metal roof and wavy glass window panes; Renovated in 2017 and currently operating as a cafe (restaurant)
