Historic Redevelopment Opportunity on 5 lots
Historic District, University-Facing Redevelopment Opportunity — 5 Lots in Downtown Natchitoches
Marketing description
At the corner of 2nd Street and University Parkway, this B3-zoned assemblage sits directly across from Northwestern State University and near LSMSA, with walk/bike access to downtown and the festival area.
Quick Highlights
Premier corner location: 2nd St. & University Pkwy, Natchitoches Historic District
Across from NSU + near LSMSA: Built-in daily traffic and visibility
Walkable + bikable: Downtown, riverfront/festival activity, restaurants, and shops
5-lot listing: Flexible footprint for repositioning and phased plans
B3 zoning: Designed for business-oriented uses and redevelopment potential
Unique existing improvements:
Two former single-family residences (B3 zoning: no longer permitted for single-family use)
Three separated building spots with connected façade + rooflines, creating the look of a brick-front strip center
Large building in use for furniture manufacturing (tenant/user occupancy)
The Opportunity
This is the kind of downtown asset that doesn’t come around often: Historic District character, university adjacency, and a multi-lot layout that supports a range of repositioning strategies.
The improvements create multiple angles:
Re-tenant / re-purpose the brick-front “strip center” style frontage
Reposition the former residences into allowable B3-compatible uses (office, service, retail—buyer to verify permitted uses)
Maintain or rework the manufacturing component based on your operating plan and lease strategy
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