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Turnkey Restaurant and Event Space
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622 Main St, Lafayette, IN 47901

Turnkey restaurant/bar within a three-story brick building featuring a dedicated banquet facility on the second floor.

Property Size21,000 SF
Price / SF$75
Days on Market188

Property Features for 622 Main St

General Information

Standard status Active
Size 21,000 SF
Property subtype Retail, Hospitality

Building Details

Year Built 1892
Buildings 1
Stories 3
Listing Agency: Meta CRE LLC
Listed By: James Cloud · License #RB22002394
Source: Crexi
Added: Mar 2 Changed: Sep 5 Last Checked: Sep 6 at 1:06AM

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 Meta CRE LLC

Investment Insights

Based on property information with market context.

This turnkey restaurant/bar opportunity is located in a three-story brick building with a total of 21,000 square feet. The property includes 7,000 square feet of restaurant space and an additional 7,000 square feet dedicated to a banquet facility on the second floor. A 7,000-square-foot basement is also part of the building.

The business and event space are positioned in historic downtown Lafayette, with visibility and walkability called out in the listing remarks.

The offering combines primary dining/restaurant space with a second-floor banquet operation within the same brick structure, supported by an additional basement level for added functional area.

Key Highlights

  • 21,000 SF, three‑story brick building in historic downtown Lafayette, IN
  • Includes 7,000 SF restaurant space
  • Features a 7,000 SF banquet facility on the 2nd floor

Property Analytics

Current Use

Lafayette Brewing Company Bar & Pub

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Electrical Service Veterinary Clinic Auto Parts Store Cosmetic Store

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

1,979
Businesses Nearby
Under-served
Demand for This Use

Demographics for 47901, IN

3,750
Population
2,875
Households
1.3
Avg Household Size
32
Median Age
57%
College-Educated
95%
High-School Grad
0.6 sq mi
ZIP Area
6,250
Density / Sq Mi
$46,425
Median Household Income
$39,368
Median Earnings
$954
Median Rent
$257,400
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Turnkey restaurant/bar within a three-story brick building featuring a dedicated banquet facility on the second floor.
Where is this conventional restaurant located?
The property is located at 622 Main St Lafayette, IN.
What is the asking price?
The asking price for this property is $1,575,000.
What are key features of this property?
This property features: 21,000 SF, three‑story brick building in historic downtown Lafayette, IN; Includes 7,000 SF restaurant space; Features a 7,000 SF banquet facility on the 2nd floor
More about this property
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