19
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$1,000,000
Est. payment /mo
0.46 Acres Lot
New
536 UNIVERSITY Pkwy Natchitoches, LA 71457
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2500425
HOA Y/N No
Year Built 2000
Lot Size 0.460 Acres
Acres 0.4604
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.
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
Interior
Fireplace No
Exterior
Parking Features Parking Lot
Water Access Desc Public
Building
Lot Description Corner Lot, City Lot, Irregular Lot
Dwelling Type Office,Warehouse
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
Others
Tax ID 0011117600
Special Listing Condition None
Listed by Better Homes & Gardens Real Estate Rhodes Realty