20 Lafayette Street, Norwich, CT 06360 (MLS # 24198847)

Price $595,000
Status Active
Size 3,476 sqft
Lot Size 17,424 sqft
Days on Market 76
Excellent Mixed-Use Opportunity - Turnkey Restaurant, Residential Apartment & Option to Purchase! Great opportunity for an entrepreneur or investor! This mixed-use property features a turnkey restaurant on the first floor, ready for a new operator to bring their vision to life. The restaurant comes fully operational with an established clientele and includes all restaurant equipment, furniture, and fixtures in the sale, making this a seamless opportunity for an owner-operator or investor The second floor offers a spacious 3-bedroom, 1-bathroom apartment, plus additional finished attic space with a full bathroom, providing extra flexibility. This property also features a full basement providing ample additional storage space. This unique property offers excellent income potential and a rare opportunity to own both a thriving business and residential space in one package Conveniently located near shopping, amenities, and other local businesses, in an area offering excellent potential for a new or growing business. The property is available as a lease with an option to purchase, offering a unique opportunity for those looking to operate their business while working toward ownership. Flexible rental options are also available: the restaurant/commercial space and the second-floor residential apartment may be rented separately. A great opportunity to live, work, invest, and potentially own-all in one property! Schedule your Showing today!! Need 24-48 hr notice.
Property Type(s): Commercial
Last Updated 9/25/2026 Year Built 1938
County New London

Price History

Prior to Sep 25, '26 $635,000
Sep 25, '26 - Today $595,000

Additional Details

AIR Window Unit(s)
AIR CONDITIONING Yes
CONSTRUCTION Concrete, Frame
HEAT Baseboard, Hot Water, Natural Gas
LOT 0.4 acre(s)
LOT DESCRIPTION Level
SEWER Public Sewer
TAXES 7021
UTILITIES Natural Gas Available
WATER Public
ZONING NC

Location

 

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