536 UNIVERSITY PKWY, Natchitoches, LA 71457
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536 UNIVERSITY PKWY, Natchitoches, LA 71457
536 UNIVERSITY PKWY, Natchitoches, LA 71457
536 UNIVERSITY PKWY, Natchitoches, LA 71457
536 UNIVERSITY PKWY, Natchitoches, LA 71457
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Listed byBetter Homes & Gardens Real Estate Rhodes Realty • Braxton Procell • 318-238-3733
$ 789,000
Est. payment /mo
Active

536 UNIVERSITY PKWY Natchitoches, LA 71457


UPDATED:

Key Details

Property Type Other Types

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 2568359

HOA Y/N No

Year Built 2000

Acres 0.46

Lot Dimensions 29,302

Property Sub-Type Commercial

Source ROAM MLS

Property Description

Premier Commercial Investment in Natchitoches, LAProperty OverviewFor 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 FeaturesStrategic 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 ContextNatchitoches 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.ConsiderationsPast reviews noted service inconsistencies and separate restroom access, mostly resolved by new management. Minor upgrades may boost competitiveness.

Location

State LA

County Natchitoches

Area 0.46

Zoning b1

Direction Take Exit 138 for Louisiana Highway 6 toward Natchitoches/Many. Head east on LA-6 (which becomes University Parkway) toward the city. Stay on University Parkway for approximately 5 miles. The destination will be on your left, just past the Northwestern

Interior

Fireplace No

Exterior

Parking Features Parking Lot

Utilities Available Natural Gas Available

Garage No

Building

Lot Description Corner Lot, Irregular Lot

Water Public

New Construction No

Others


ROAM MLS
Doug Cloninger

Doug Cloninger

Rêve | Realtor License ID: clondoug

+1(504) 330-6223

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536 UNIVERSITY PKWY