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3151 Johnston St Lafayette, LA 70503

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For Sale
$925,000

Full-service restaurant with patio and high-visibility location.

Property size:
7,321 SF

Property Features for 3151 Johnston St

General Information

Size
7,321 SF

Building Details

Year built
2005

Source: John Monteleone, CCIM Agent John Monteleone, CCIM

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Restaurant Opportunity on Johnston Street

This is a full-service dine-in restaurant opportunity featuring 7,321 square feet of conditioned space and an additional 1,500 square feet of enclosed and covered outdoor patio dining and lounge spaces. The interior includes a large open dining area with a private party room, and a huge bar with direct access to the outdoor covered lounge space. It is equipped with a walk-in beer cooler with keg taps, an open kitchen concept with a 30-foot hooded cooking line, and a large walk-in cooler and freezer. A 1,000-gallon subsurface grease trap is in place. The interior capacity is 395 people, with a patio capacity of 105 people. The property was fully renovated in 2017 and sits on a 0.627-acre ground lease. Reciprocal right/cross-access agreements are in place for overflow parking with The Grand Theater property. The site offers over 180 feet of frontage on Johnston Street, benefiting from high visibility at the corner with a Johnston Street traffic count of 25,809 vehicles per day (2024) and Doucet Road traffic count of 11,713 (2024). Zoned CH – Commercial Heavy, the location provides for a wide range of business uses and is situated in Flood Zone X, an area of minimal flood hazard. The location is ideal for a restaurant, bar, or entertainment concept, capturing moviegoers, park visitors, students, and sports fans. It is surrounded by strong retail and dining establishments. The property is located on Johnston Street, near Moncus Park, Red Lerille’s Health & Racquet Club, The Grand Theater, and the University of Louisiana at Lafayette and its athletic complex.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Bars

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Lafayette
County
Lafayette
State
Louisiana
Longitude
-92.0481213
Latitude
30.2031874

FAQs

What type of property is this?
Restaurant - Full-service restaurant with patio and high-visibility location.
Where is this restaurant located?
The property is located at 3151 Johnston St Lafayette, LA.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: - Prime Location on Johnston St. with high visibility (25,809 VPD) and proximity to key landmarks.; - Fully Equipped Restaurant Space: Featuring 7,321 Sq Ft interior, 1,500 Sq Ft covered patio, and a large, open kitchen.; - High Occupancy Potential: Interior capacity of 395 and patio capacity of 105.
More about this property
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