Active
Exceptional Restaurant Property – 7,321 SF Standalone Building on Johnston St.
3151 Johnston Street Lafayette, LA 70503
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Overview
- Full Service Dine-in Restaurant Opportunity
- 0.627 Acre Ground Lease
- 7,321 Sq Ft of conditioned space
- 1,500 Sq Ft of semi-enclosed and covered outdoor patio dining and lounge spaces
- Large open dining area w/ private party room
- Huge bar with direct access to outdoor covered lounge space
- Walk-in Beer Cooler with keg taps
- Open kitchen concept with a 30’ hooded cooking line
- Large walk-in cooler and freezer
- 1,000 gallon subsurface grease trap
- Interior Capacity: 395 people
- Patio Capacity: 105 people
- Fully Renovated in 2017
- Reciprocal Right/ Cross Access Agreements in place for overflow parking with The Grand Theater property
- Over 180’ of Frontage on Johnston St.
- High Visibility Corner with a Johnston St. traffic count of 25,809 VPD (2024) and Doucet Rd. traffic count of 11,713 (2024)
- Zoned: CH – Commercial Heavy provides for a wide range of business uses
- Flood Zone: X – Area of Minimal Flood Hazard
- Prime Location on Johnston St, a major thoroughfare serving the heart of Lafayette
- Surrounded by prominent and well-established neighborhoods
- Walking distance to Moncus Park, a vibrant 100-acre city park that hosts festivals, farmers’ markets, and year-round community events.
- Less than a block from Red Lerille’s Health & Racquet Club, at nearly 200,000 sq ft it is one of the county’s premier health clubs.
- Located on an outparcel of The Grand Theater, the largest multiplex movie theater in the market.
- Only 1 mile from the University of Louisiana at Lafayette (UL), attracting students, faculty, and sports fans.
- Near UL Athletic Complex, including Cajun Field (Football Stadium) – Home to the Louisiana Ragin' Cajuns, drawing thousands of fans during football season; Tigue Moore Field (Baseball Stadium) – A key destination for college baseball fans; and the Cajundome Arena & Convention Center – A major venue for concerts, sports events, and trade shows. Ideal for Restaurant, Bar, or Entertainment Concept
- Captures moviegoers, park visitors, students, and sports fans, ensuring a diverse and consistent customer base.
- Surrounded by strong retail and dining establishments, making it a prime location for a new or established restaurant brand.
For Sale
Retail
Secondary Uses: Restaurant
- Sale Price
- $925,000
- Price Per SF
- $126.3/SF
- Building Size
- 7,321 SF
- Acres
- 0.627 ac
- Is Vacant
- Yes
- Zoning
- CH
- Number of Buildings
- 1
- Floors
- 1
- Year Built
- 2005
- Year Renovated
- 2017
- Construction Siding
- Concrete
- Parking Ratio
- 8.25 / 1,000
- Parking Spaces
- 71
- Submarket
- LACDB - G3
- Nearest MSA
- Lafayette
- Property Status
- Existing
- Power Provider
- City - LUS
- Water Provider
- City - LUS
- Sewer Provider
- City - LUS
- Natural Gas Provider
- Private - Atmos Energy
- Fiber Optic Provider
- City - LUS
- County
- Lafayette Parish
- Available
- 2025-08-12
- Created
- 2025-08-11
- Updated
- 2025-08-12
- Listing ID
- b2859313
- Parcel APN
- 6055939