5948 HIGHWAY 1 BYPASS $2,900,000

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    5948 HIGHWAY 1 BYPASS Natchitoches, LA 71457

    • 13,344 sq. ft.
    • 3.52 Acres
    • Commercial
    • MLS# 2454324
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    Views: 39 Days On Site: 187

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    Property Details

    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.

    Contact

    Eric Gilberti

    Eric Gilberti

    Associate

    Louisiana

    RE/MAX Affiliates

    Metairie, LA

    Direct: 504-864-2320

    Neighborhood

    Neighborhood Details available exclusively for My Property Finder members

    Property History

    Date Event Price Percent Change
    -- Current Price Source: Multiple Listing Service New Value: $2,900,000
    11/27/2024 9:38:26 AM Price Reduced Source: Multiple Listing Service New Value: $2,900,000 -25.64%
    6/18/2024 4:09:00 PM New in Database Source: Multiple Listing Service New Value: $3,900,000

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    Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.