Courtesy of Better Homes & Gardens Real Estate Rhodes Realty, Braxton Procell

536 UNIVERSITY Parkway, Natchitoches, Louisiana, 71457

$789,000
6,100 Sqft
0.46 Acres
#2568359
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.

PROPERTY FEATURES

  • Business Type : Restaurant
  • Water Source : Public
  • Sewer : Public Sewer
  • Parking Features: Parking Lot
  • Structure Type : Office, Warehouse
  • Zoning : b1
  • Zoning Description : b1
  • Construction Materials: Brick, Wood Siding
  • Levels: One
PROPERTY DETAILS
ID: 2568359
Status: Active
Price: $789,000
Acres: 0.46 Acres
Price Per Acre: $1,713,727
Type: Other
Address: 536 UNIVERSITY Parkway
City, State: Natchitoches, Louisiana
County: Natchitoches
Zip Code: 71457
Lat/Long: 31.752851, -93.093504
Presented By: Braxton Procell
Phone:
Email: Click to Contact