5948 Highway 1 Byp Natchitoches, LA 71457

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.