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Located at 15976 Highway 171 in Ragley, this fully operational restaurant is offered as a real estate sale with the current owner willing to lease the property back, providing an excellent investment opportunity. The main building totals approximately 8,481 sq ft, with 7,836 sq ft heated and cooled, plus an additional 964 sq ft heated and cooled adjacent building. The restaurant currently accommodates approximately 299 guests. Unique Investment Opportunity - Multi-Use Potential: This property offers flexibility to be divided into three separate income-producing spaces, allowing for multiple revenue streams: Front Restaurant Area: Approximately 5,000 sq ft of main dining and kitchen space Party Room / Event Space + Green Room: Approximately 2,069 sq ft, ideal for private events, catering, or separate lease use Meat Market Building: Separate adjacent structure (approximately 964 sq ft heated/cooled), perfect for retail, specialty meats, or grab-and-go concepts This layout provides an opportunity for an owner or investor to operate one business while leasing the others, or to fully lease all three spaces for maximum income potential. Property Features Include: 1,000-gallon grease trap Multiple HVAC units, including 5-ton units and a 3-ton unit servicing the front corner Approximately 80-gallon commercial water heater Expanded construction with an additional 6 feet added to the rear foundation Parking for approximately 75-80 vehicles High visibility and accessibility along Highway 171 List of appliances and equipment to convey with the sale available upon request. Investment Highlights: Sale-leaseback opportunity with existing operator Multiple income stream potential with three separate functional spaces Strong highway frontage and established location Shown by appointment only. Lease terms and financial information available upon request. All measurements M/L.
Property Details
Feature Descriptions
Listed By / Shown By
Listed By
Agency Name: EXIT Bayou Realty
Agency Phone: 337-905-9000
Agent Name: Bayleigh Rigdon
Shown By
Agency Title: Compass
Agency Phone: (866) 794-1022
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