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5948 Highway 1 Byp 13,344 SF Retail Building Natchitoches, LA 71457 $2,800,000 ($209.83/SF)
INVESTMENT HIGHLIGHTS
- Lakefront with beautiful water views
- Open floor plan with separate additional bar
- Outdoor dining and dock
EXECUTIVE SUMMARY
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.
PROPERTY FACTS
AMENITIES
- Restaurant
- Waterfront
- Air Conditioning
ABOUT 5948 HIGHWAY 1 BYP , NATCHITOCHES, LA 71457
An extraordinary opportunity awaits with the sale of Mariner’s Lakefront Restaurant, an iconic dining destination in historic Natchitoches, Louisiana, overlooking the picturesque waters of Sibley Lake. A community fixture for over 40 years, Mariner’s offers three distinct dining experiences with seating for 348 guests, including The Docks with its casual open-air beach vibe, The Cove with a modern 12-seat bar and upscale sports atmosphere, and the Main Dining Room featuring elegant white-tablecloth service and stunning sunset views over the lake. Adding to its unique appeal, the property includes a leased private island for one-of-a-kind “Chef’s Table” dining experiences found nowhere else in Louisiana. Known for contemporary Louisiana cuisine highlighted by prime steaks, fresh Gulf seafood, and signature pasta dishes, Mariner’s is also a Wine Spectator Award winner with a cellar of more than 1,200 bottles, and has been featured in national magazines and television shows. The restaurant is a premier venue for weddings, private parties, corporate events, and reunions, with approximately 1,500 feet of Sibley Lake waterfront that offers exceptional future development potential. Guests enjoy easy access via a large private parking lot with bus capacity, and the property is being sold turnkey with all furniture, fixtures, equipment, consumable inventory, and branding included. Within the past year, the property has undergone a complete modernization with all new plumbing, electrical systems, commercial kitchen equipment, walk-in coolers and freezers, bar equipment, bathroom fixtures, cork flooring, insulation, sheetrock, lighting, furnishings, and a brand-new roof. With its combination of prime waterfront real estate, extensive recent upgrades, strong regional draw, and a loyal customer base from Louisiana and Texas, Mariner’s presents a rare chance to acquire a cash-flowing, turnkey investment in a truly unique setting.
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Mariners Restaurant
- Retailer
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Mariners Restaurant | Retailer | - | - | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 0011266300 | Improvements Assessment | $62,300 |
| Land Assessment | $18,200 | Total Assessment | $80,500 |
PROPERTY TAXES
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5948 Highway 1 Byp
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