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Historic Restaurant with Rooftop Dining
For Sale
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116 E Vermilion St, Lafayette, LA 70501

Two-level venue includes private rooms and furnishings for restaurant, lounge, and catering operations.

Property SizeContact for details
Days on Market143

Property Features for 116 E Vermilion St

General Information

Standard status Active
Property subtype Retail

Restaurant

Patio Yes
Equipment Included Yes

Additional Details

Furnished Yes

Building Details

Year Built 1917
Listing Agency: Stirling Properties Lafayette
Listed By: Charles Cornay · License #LA 47933
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 7:30PM

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 Stirling Properties Lafayette

Investment Insights

Based on property information with market context.

Constructed in 1917, this approximately 10,000-square-foot restaurant occupies a building listed on the Lafayette City-Parish Register of Historic Places. The interior provides multiple lounge areas, private rooms for business and social functions, and varied dining and entertainment settings. A rooftop area adds outdoor seating and event capacity, while furnishings and equipment are included with the property.

The asset is located in downtown Lafayette at 116 E Vermilion St. The surrounding district includes retail businesses, museums, hotels, festivals, and other special events. Downtown programming includes Festival Internationale de Louisiane, which draws more than 100,000 visitors to the area over five days. The existing configuration supports restaurant, lounge, and catering uses, along with its potential as a visitor-oriented venue.

Key Highlights

  • Approximately 10,000 SF restaurant in a building constructed in 1917
  • Listed on the Lafayette City‑Parish Register of Historic Places
  • Rooftop outdoor dining and entertainment area

Property Analytics

Current Use

Rooftop 116 Bar & Pub ATM (ATM Link, ... Atm

Suggested Use

Top Pick HVAC Service Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Pharmacy Plumbing Service Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,254
Businesses Nearby
Under-served
Demand for This Use

Demographics for 70501, LA

28,721
Population
12,657
Households
2.3
Avg Household Size
38
Median Age
16%
College-Educated
78%
High-School Grad
15.3 sq mi
ZIP Area
1,877
Density / Sq Mi
$31,723
Median Household Income
$25,281
Median Earnings
$867
Median Rent
$117,200
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Two-level venue includes private rooms and furnishings for restaurant, lounge, and catering operations.
Where is this conventional restaurant located?
The property is located at 116 E Vermilion St Lafayette, LA.
What are key features of this property?
This property features: Approximately 10,000 SF restaurant in a building constructed in 1917; Listed on the Lafayette City‑Parish Register of Historic Places; Rooftop outdoor dining and entertainment area
(337) 234-4481 Call to check price and availability
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