5948 Highway 1 Byp - Restaurant FOR SALE


Natchitoches, LA 71457
$2,800,000 USD
318-393-2259
5948 Highway 1 Byp, Natchitoches, LA for Sale
$2,800,000 USD
Restaurant - FOR SALE
1/52
null | Request Cap Rate

5948 Highway 1 Byp
Natchitoches, LA 71457


HIGHLIGHTS

  • Lakefront with beautiful water views
  • Outdoor dining and dock
  • Open floor plan with separate additional bar

OVERVIEW

Spend a few minutes looking over this incredible investment opportunity. Mariner’s Lakefront Restaurant located in historic Natchitoches, Louisiana overlooking beautiful Sibley Lake offers a one of a kind dining experience that routinely brings in patrons from all over Louisiana and Texas. Mariner’s features three distinct dining experiences with a combined seating capacity of 348. Outside dining on The Docks features beautiful open air views and a casual beach vibe. Inside, The Cove, offers an upscale sports bar atmosphere and features a 12 seat modern bar. The Main Dining Room boasts picturesque inside views of the sunset on Sibley Lake with white tablecloth dining and impeccable service. Additionally, Mariner’s comes with a leased private island offering the ultimate, and unique to Louisiana, Chef’s table private island dining experience. Mariner’s has been a Natchitoches fixture for over forty years and is frequented by tourists and locals. The menu features contemporary Louisiana cuisine and is anchored by steaks, fresh local seafood and pasta dishes. Mariner’s has the distinction of being a Wine Spectator award winner for its extensive wine list featuring an inventory of over 1,200 bottles. This premier location makes it the perfect venue for weddings, private parties, class reunions and corporate events. Included with this sale is approximately 1,500 feet of water frontage on Sibley Lake, ideal for development. The private parking lot is highly accessible for tour buses. Mariner’s has been featured in numerous top tier national magazines and television shows and has a very active social media presence. This property is being sold as a turn key investment including all furniture, fixtures and consumable inventory. The property has been completely updated within the last 12 months with all new plumbing, electrical, kitchen equipment, walk-in coolers and freezers, bar equipment, bathroom fixtures and stalls, cork floors, sheet rock, insulation, light fixtures, tables, chairs and a brand new roof.

FOR SALE DETAILS

PRICE

$2,800,000 USD

PRICE/SF

$210 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bar, Freestanding

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1982

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.52 AC

LAND SF

153,331 SF

ZONING

B3

APN/PARCEL ID

0011266300

ASK ABOUT THIS PROPERTY

Jena ReganEllis Realty GroupMore Info
318-393-2259

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Jena ReganEllis Realty GroupMore Info
318-393-2259

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.