5948 Highway 1 ByPass $3,900,000

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    5948 Highway 1 ByPass Natchitoches, LA 71457

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    $3,900,000

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    • 13,344 sq. ft.
    • 3.52 Acres
    • Commercial
    • MLS# 20648323
    5948 Highway 1 ByPass, Natchitoches, LA 71457
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    Listing provided courtesy of: Century 21 Elite - Michael Salter - 318-868-3600
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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 after taxes of $475,000. 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, Walk-ins, bar equipment, tables, chairs, fixtures, bathrooms, floors, sheet rock, insulation & paint.

    • General Features
      • Accessibility Features Y/N Yes
      • Business Name Mariner's Restaurant
      • Dock Permitted Y/N Yes
      • Possession Closing/Funding
      • Security Features Fire Alarm, Security System
      • Special Listing Conditions Standard
      • Subdivision Name NA
      • Year Built 1982
    • Building Features
      • Building Area Total 13344.00
      • Building Use Bar/Taverns,Food Service,Restaurant
      • Ceiling Height 15 to 20 Feet
      • Construction Materials Siding, Wood
      • Cooling Central Air,Electric
      • Flooring Tile
      • Foundation Details Pillar/Post/Pier
      • Heating Central, Natural Gas
      • Leasable Area 13344.00
      • Living Area 13,344
      • Roof Composition
    • Property Features
      • Lot Features Acreage
      • Lot Size 3 to < 5 Acres
      • Lot Size Acres 3.5210
      • Number Of Units Total 1
      • Parking Features Parking Lot
      • Property Sub Type Business
      • Road Frontage Type Highway
      • Utilities City Sewer, City Water, Phone Available
      • Waterfront Features Dock and Covered, Dock and Uncovered, Lake Front
      • Waterfront Y/N Yes

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    Property History

    Date Event Price Percent Change
    -- Current Price Source: Multiple Listing Service New Value: $3,900,000
    6/17/2024 4:06:00 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.