Mixed-Use Restaurant and
For Sale
$1,999,990
61 Cedar St, Norwalk, CT 06854
A long-established restaurant paired with a multifamily residence, supported by on-site parking and convenient area access.
Property Size2,068 SF
Price / SF$967.11
Days on Market52
Property Features for 61 Cedar St
General Information
Standard status
Active
Size
2,068 SF
Property subtype
Commercial
Additional Details
Business Included
Yes
Highway Access
Yes
Building Details
Year Built
1855
Listing Agency:
Keller Williams Prestige Prop
(203) 758-0264
Listed By:
Franki Delgado
Source:
Davejonesrealty
Added: Jun 11
Changed: Jul 10
Last Checked: Aug 1 at 7:21AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Prestige Prop
Investment Insights
Based on property information with market context.
The property is a mixed-use building combining a commercial restaurant space with a multifamily residence. The restaurant is described as a well-maintained, long-established Colombian operation that has operated for more than 25 years, offering an established business presence within the building. The asset is also positioned to support either additional income potential or owner-occupant flexibility through the included residential component.
Located at 61 Cedar St in Norwalk, Connecticut, the property is described as being in the heart of Norwalk with easy access to major highways and key routes for day-to-day convenience. The listing also notes strong overall accessibility with ample on-site parking, along with proximity to shopping, dining, public transportation, and other local amenities.
For buyers and operators, the practical appeal is the combination of an operating restaurant location and an on-site residential use within the same property. This format can suit investors seeking a mixed-use holding or entrepreneurs who prefer to own a business location while also retaining residential flexibility. Prospective tenants and buyers should review the specific space configuration and any lease or operating details as part of due diligence.
Located at 61 Cedar St in Norwalk, Connecticut, the property is described as being in the heart of Norwalk with easy access to major highways and key routes for day-to-day convenience. The listing also notes strong overall accessibility with ample on-site parking, along with proximity to shopping, dining, public transportation, and other local amenities.
For buyers and operators, the practical appeal is the combination of an operating restaurant location and an on-site residential use within the same property. This format can suit investors seeking a mixed-use holding or entrepreneurs who prefer to own a business location while also retaining residential flexibility. Prospective tenants and buyers should review the specific space configuration and any lease or operating details as part of due diligence.
Key Highlights
- Year built: 1855
- Mixed‑use property with an established Colombian restaurant and a multifamily residence
- Restaurant has operated for over 25 years
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,311
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 06854, CT
29,931
Population
12,246
Households
2.4
Avg Household Size
37
Median Age
36%
College-Educated
85%
High-School Grad
4.8 sq mi
ZIP Area
6,236
Density / Sq Mi
$86,399
Median Household Income
$42,868
Median Earnings
$1,898
Median Rent
$453,400
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - A long-established restaurant paired with a multifamily residence, supported by on-site parking and convenient area access.
Where is this conventional restaurant located?
The property is located at 61 Cedar St Norwalk, CT.
What is the asking price?
The asking price for this property is $1,999,990.
What are key features of this property?
This property features: Year built: 1855; Mixed‑use property with an established Colombian restaurant and a multifamily residence; Restaurant has operated for over 25 years
