For Sale
$3,900,000

5948 Highway 1 BypNatchitoches, LA 71457

Historic Natchitoches, LA. High Profits!

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional waterfront property in historic Natchitoches, Louisiana, presents a unique investment opportunity. The established Mariner's Lakefront Restaurant boasts over 40 years of successful operation, consistently generating a substantial annual net profit after taxes of $475,000. The property encompasses 13,344 square feet and features a highly desirable location on 1,500 feet of waterfront, overlooking Sibley Lake. The restaurant's award-winning wine list, valued at $80,000, complements its premier wedding and event venue status. With a combined seating capacity of 438 across four distinct dining areas – including a main dining room, upscale sports bar, outdoor docks, and a private island chef's table – the restaurant caters to diverse clientele. A 35-foot custom pontoon boat, valued at $75,000, enhances the unique dining experiences. The property includes a large parking lot easily accommodating tour buses. The extensive 2023-2024 renovation, totaling $1.8 million, encompassed a complete rebuild, including a new roof, plumbing, electrical, HVAC systems, walk-in coolers, bar equipment, furniture, fixtures, bathrooms, flooring, drywall, insulation, and paint. Zoning approval is in place for the development of six lakefront townhouses on the expansive waterfront property. This turnkey operation offers a rare blend of established profitability and significant future development potential. The property is located at 5948 Highway 1 Bypass, Natchitoches, LA 71457. Asking price: $3,900,000.

Highlights

  • $3,900,000 asking price for a special purpose property.
  • Established waterfront restaurant in historic Natchitoches, LA, operating for over 40 years with a $475,000 annual net profit.
  • Features an award-winning wine list valued at $80,000 and serves as a premier wedding and event venue.
  • Offers 438 seats across four distinct dining areas, including an upscale sports bar and a private island chef's table, plus a 35' pontoon boat and ample parking.
  • Recently renovated ($1.8 million investment in 2023-2024) with new roof, mechanical systems, and interior finishes.
  • Includes 1,500 feet of waterfront property with zoning approval for six lakefront townhouses.

Property Details for 5948 Highway 1 Byp

Property type
Specialty properties, Land
Square Feet
13,344 SF

Location Insight

City
Natchitoches
County
Natchitoches Parish
State
Louisiana
Latitude
31.7664395
Longitude
-93.1096879
5948 Highway 1 Byp, Natchitoches, Louisiana

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5948 Highway 1 Byp
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