404 Railway Ave et al

Historic District, University-Facing Redevelopment Opportunity — 5 Lots in Downtown Natchitoches

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

Ideal For

• Investors seeking a historic, university-facing value-add
• Owner-users looking for flexible space + visibility
• Developers wanting a multi-lot downtown footprint with a cohesive street presence

Location That Works Every Day

This corner sits at the meeting point of:

Campus activity (NSU directly across University Parkway)

LSMSA proximity

Downtown foot/bike traffic (festival area + core Natchitoches destinations)

That mix supports a steady demand base: students, faculty/staff, visitors, and locals.