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Natchitoches Waterfront Restaurant Opportunity
For Sale
$2,499,999

5948 HWY 1 BYP, Natchitoches, LA 71457

COMMERCIAL - Natchitoches, LA

Lot Size3.53 Acres
Days on Market276

Property Features for 5948 HWY 1 BYP

General Information

Property type Commercial Sale
Property subtype Other
Zoning B3
Parking features Off Street
Lot features 1-5 Acres
Standard status Active
APN 0011266300
Lot size 3.53 Acres

Utilities

Water source Public

Building Details

Year built 1982
Listing Agency: REVE, REALTORS
Listed By: Jena Regan · License #S57018
Added: Oct 28, 2025 Changed: Apr 27 Last Checked: Jul 30 at 11:06AM
MLS# 2528436

Copyright © 2026 New Orleans Metropolitan Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Located in historic Natchitoches, Louisiana, Mariner's Lakefront Restaurant overlooks Sibley Lake. It offers a dining experience that attracts patrons from Louisiana and Texas. The restaurant has a combined seating capacity of 348 across three distinct dining areas. "The Docks" provides open-air views and a casual beach atmosphere for outside dining. "The Cove" features an upscale sports bar atmosphere with a 12-seat modern bar. The main dining room offers views of the sunset on Sibley Lake with white tablecloth dining. Additionally, the restaurant includes a leased private island for a chef's table dining experience. Mariner's has been a Natchitoches establishment for over forty years, frequented by tourists and locals. The menu features contemporary Louisiana cuisine, including steaks, fresh local seafood, and pasta dishes. The restaurant has received a Wine Spectator award for its wine list, which includes over 1,200 bottles. The location is suitable for weddings, private parties, class reunions, and corporate events. The sale includes approximately 1,500 feet of water frontage on Sibley Lake, suitable for development. The parking lot is accessible for tour buses. The property is being sold as a turnkey investment, including all furniture, fixtures, and consumable inventory. The property has been updated within the last 12 months with new plumbing, electrical systems, kitchen equipment, walk-in coolers and freezers, bar equipment, bathroom fixtures and stalls, cork floors, sheet rock, insulation, light fixtures, tables, chairs, and a new roof. The lot size is 3.53 acres and the zoning is B3.

Key Highlights

  • Turnkey restaurant investment opportunity with all furniture, fixtures, and consumable inventory included.
  • Prime lakefront location on Sibley Lake with approximately 1,500 feet of water frontage, offering development potential.
  • Multiple dining experiences including outdoor seating (The Docks), upscale sports bar (The Cove), and a main dining room with lake views.

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Building Supply Dental Office Restaurant Spa & Massage Center Hair Salon Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

103
Businesses Nearby
Balanced
Demand for This Use

Demographics for 71457, LA

25,506
Population
12,086
Households
2.1
Avg Household Size
37
Median Age
29%
College-Educated
89%
High-School Grad
269.7 sq mi
ZIP Area
95
Density / Sq Mi
$47,410
Median Household Income
$34,458
Median Earnings
$801
Median Rent
$194,200
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Turnkey restaurant with lake frontage and development potential.
Where is this conventional restaurant located?
The property is located at 5948 HWY 1 BYP Natchitoches, LA.
What is the asking price?
The asking price for this property is $2,499,999.
What are key features of this property?
This property features: Turnkey restaurant investment opportunity with all furniture, fixtures, and consumable inventory included.; Prime lakefront location on Sibley Lake with approximately 1,500 feet of water frontage, offering development potential.; Multiple dining experiences including outdoor seating (The Docks), upscale sports bar (The Cove), and a main dining room with lake views.
More about this property
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