536 UNIVERSITY Pkwy Active

Natchitoches,LA 71457

$ 1000000

0 Bed

0 Bath

- SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 2500425

Year Built 2000

Lot Size 0.460 Acres

Property Description

Premier Commercial Investment in Natchitoches, LAProperty Overview
For sale: Magee's Patio Cafe at 536 University Parkway, Natchitoches, LA 71457, a thriving diner and prime commercial property across from Northwestern State University. This turnkey investment boasts high visibility, consistent foot traffic, and proximity to historic downtown Natchitoches, a National Historic Landmark District. Investors seeking a profitable restaurant or adaptable commercial space in a vibrant college town. Key Property Features
Strategic Location: Sited on a high-traffic corridor by the university and minutes from Cane River Lake and tourist attractions, ensuring steady demand. Flexible Layout: Includes a spacious dining area, large outdoor patio for events, and a drive-thru for quick-service revenue. Ample Parking: Features a large lot with additional spaces, fully wheelchair-accessible. Turnkey Infrastructure: Equipped with a commercial kitchen, upgraded under new management since 2019 for operational efficiency. Investment Highlights Established Reputation: Earns a 3.9/5 Tripadvisor rating (58 reviews, #12 of 48 restaurants) with a loyal customer base and strong community ties.Market Strength: Natchitoches' tourism-driven economy, with 1.2M annual visitors and a 9,000-student university, drives revenue. Commercial properties benefit from a $161/sq. ft. average and growing investor interest.Revenue Potential: Drive-thru and online ordering diversify income. The large lot supports expansion or repurposing as a brewery, retail, or mixed-use concept.Market Context
Natchitoches combines historic charm with economic vitality, fueled by tourism and the university. Affordable commercial real estate and $49M in recent land sales highlight strong investment potential.Considerations
Past reviews noted service inconsistencies and separate restroom access, mostly resolved by new management. Minor upgrades may boost competitiveness.

Location

State LA

County Natchitoches

Zoning b1

Exterior

Parking Features Parking Lot

Building

Lot Description Corner Lot,City Lot,Irregular Lot

Dwelling Type Office,Warehouse

Sewer Public Sewer

Water Public

Others

Special Listing Condition None

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