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Parkway Cinema 6 1011 Keyser Ave 20,000 SF Retail Building Natchitoches, LA 71457 $1,500,000 ($75/SF)



Investment Highlights
- 3.37-acre full site available for redevelopment
- High-traffic Keyser Ave corridor with strong visibility
- CCBD zoning supports retail, restaurant & commercial uses
- ±1-acre paved/covered parking lot available separately
- Surrounded by Walmart, Starbucks, Cane’s, McDonald’s & more
Executive Summary
Currently the Parkway Cinema 6, this property is positioned along heavily traveled Keyser Avenue on a corner lot, giving it excellent visibility, access, and daily traffic counts. The building may continue operating as a movie theater, but its footprint and layout make it highly adaptable for retail, entertainment, medical, fitness, or other commercial conversions. There is also an opportunity to carve out and sell a Keyser-fronting outparcel while still maintaining ample on-site parking for the primary building.
Natchitoches is a historic and steadily growing community of roughly 18,000 people. It is home to Northwestern State University—founded in 1884—with more than 8,500 students contributing to a strong year-round consumer base. As the oldest permanent settlement in the Louisiana Purchase, Natchitoches blends tourism, higher education, and regional retail in a way that drives reliable economic activity. The city attracts thousands of visitors during its annual Christmas Festival and through its well-preserved riverfront district, while Keyser Avenue serves as one of its busiest commercial corridors with steady retail, restaurant, and service-sector expansion.
Natchitoches is a historic and steadily growing community of roughly 18,000 people. It is home to Northwestern State University—founded in 1884—with more than 8,500 students contributing to a strong year-round consumer base. As the oldest permanent settlement in the Louisiana Purchase, Natchitoches blends tourism, higher education, and regional retail in a way that drives reliable economic activity. The city attracts thousands of visitors during its annual Christmas Festival and through its well-preserved riverfront district, while Keyser Avenue serves as one of its busiest commercial corridors with steady retail, restaurant, and service-sector expansion.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Movie Theater
Building Size
20,000 SF
Building Class
C
Year Built
1984
Price
$1,500,000
Price Per SF
$75
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
3.33 AC
Opportunity Zone
Yes
Zoning
CCBD - Community And Central Business District
Parking
264 Spaces (13.2 Spaces per 1,000 SF Leased)
Frontage
899’ on East Drive
Nearby Major Retailers
Property Taxes
| Parcel Number | 0011392475 | Improvements Assessment | $55,880 |
| Land Assessment | $90,000 | Total Assessment | $145,880 |
Property Taxes
Parcel Number
0011392475
Land Assessment
$90,000
Improvements Assessment
$55,880
Total Assessment
$145,880
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Parkway Cinema 6 | 1011 Keyser Ave
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