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5948 Highway 1 Byp
Natchitoches, LA 71457
Retail Property For Sale
Investment Highlights
- Waterfront
- Event Venue
- Thriving Restaurant
Executive Summary
response to questions, please contact Kelly Lyon during regular business hours: salterassist@gmail.com, (318) 868-3600. Acreage & square footage is believed to be accurate - to be verified by buyer or buyer’s agent prior to closing.
PROPERTY FACTS
Amenities
- Restaurant
- Waterfront
About 5948 Highway 1 Byp , Natchitoches, LA 71457
Mariner’s Lakefront Restaurant in historic Natchitoches overlooking Sibley Lake. Thriving business for over 40 yrs with annual net profit over $2mil. Wine Spectator Award wine list - over 1,200 bottles (value $80k). Premier wedding & event venue. Combined 438 seating capacity with 4 distinct dining experiences. Main dining with white tablecloth service & sunset lake views. Upscale sports bar dining in the Cove. Outside dining on the Docks. Leased private island for exclusive chef’s table dining. 35’ custom pontoon boat for sunset cruises (value $75k). Large private parking lot accessible to tour busses. Experienced, trained employees. Featured in magazines & tv shows. Active social media presence. 1,500' water frontage for development - zoning approved for 6 lakefront townhouses. Owner invested $1.8mil to completely rebuild in '23-24 - new roof, plumbing, electrical, HVAC, coolers, freezers, bar equipment, tables, chairs, fixtures, bathrooms, floors, sheet rock, insulation & paint. Zoned B3 commercial (highest business classification with 24 hour operation allowed). Within city limits with access to city water, sewer & electric. Natural gas service with Atmos Gas. Currently open for dinner - increased revenue stream avail with lunch & brunch service (avg $6k for Sun brunch alone). Only restaurant in Natchitoches using Open Table. Turn-key investment includes furniture, fixtures, equipment, consumable inventory & wine collection. Seller will stay on for up to 2 months to assist in transition. Financials available after submitted offer.
PROPERTY TAXES
| Parcel Number | 0011266300 | Improvements Assessment | £47,597 |
| Land Assessment | £13,770 | Total Assessment | £61,366 |
PROPERTY TAXES
