Rare opportunity to purchase a Historic mixed use building in the heart of Downtown Natchitoches. The turn of the century two story Pierson James Building features two spacious 2bd/2ba residences with great views of scenic Front Street, Cane River Lake and the waterfront recreation area. There are also two large retail spaces on the 1st floor that are currently occupied by two thriving businesses, Magnolia Spa and the Natchitoches Picnic Company. It is ideally located in a Historic District hotspot that enjoys high foot and car traffic from tourists and locals alike. In addition to the public parking on Front Street's famous bricks, there is a large private tenant parking lot behind the building. The picturesque setting, on Front Street between Trudeau and Rue Touline along the west bank of Cane River Lake, is often featured in print, television, and internet publications. Last but not least, all of the legal and survey work for converting the building into separate residential and retail condominiums has been completed and they are each individually available for purchase. If someone choses to purchase the whole building first, they will have the option to keep the four units together without an association or continue with the condo conversion and the ability to sell one or more of them separately. This special property is truly one of a kind and a prime investment prospect that is not to be missed.