Mixed-Use Restaurant
For Sale
$635,000
20 Lafayette St, Norwich, CT 06360
Restaurant operations occupy the ground floor, with residential space, finished attic area, and basement storage above and below.
Property Size3,476 SF
Days on Market8
Property Features for 20 Lafayette St
General Information
Standard status
Active
Size
3,476 SF
Property subtype
Commercial
Units
Unit Mix
1 x 3BR/1BA
Multifamily Units
1
Additional Details
Furnished
Yes
Business Included
Yes
Equipment Included
Yes
Amenities
full basement
finished attic space with full bathroom
Building Details
Building Size
3,476 SF
Year Built
1938
Buildings
1
Listing Agency:
Eagle Eye Realty PLLC
(860) 810-6748
Listed By:
Monica Barzola · License #RES.0805273
(860) 810-6748
Source:
Elliman
Added: Aug 14
Changed: Aug 21
Last Checked: Aug 21 at 11:37AM
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 Eagle Eye Realty PLLC
Investment Insights
Based on property information with market context.
This mixed-use property combines an operating restaurant with residential accommodations in a three-level configuration. The ground-floor restaurant is offered with its equipment, furnishings, and fixtures. The second floor contains a three-bedroom, one-bath apartment, while the finished attic adds another full bathroom and flexible additional space. A full basement provides storage.
Located at 20 Lafayette St in Norwich, the property was built in 1938. The restaurant and apartment may be leased separately, and the property is also offered with a lease option to purchase, creating flexibility for an operator or investor seeking combined commercial and residential space.
Located at 20 Lafayette St in Norwich, the property was built in 1938. The restaurant and apartment may be leased separately, and the property is also offered with a lease option to purchase, creating flexibility for an operator or investor seeking combined commercial and residential space.
Key Highlights
- Operating restaurant with equipment, furnishings, and fixtures included
- Three‑bedroom, one‑bath apartment on the second floor
- Finished attic space with an additional full bathroom
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
791
Businesses Nearby
Explore this area
Business Placement
Demographics for 06360, CT
37,104
Population
17,739
Households
2.1
Avg Household Size
39
Median Age
23%
College-Educated
88%
High-School Grad
26.8 sq mi
ZIP Area
1,384
Density / Sq Mi
$65,848
Median Household Income
$42,287
Median Earnings
$1,207
Median Rent
$233,500
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Restaurant operations occupy the ground floor, with residential space, finished attic area, and basement storage above and below.
Where is this mixed-use property located?
The property is located at 20 Lafayette St Norwich, CT.
What is the asking price?
The asking price for this property is $635,000.
What are key features of this property?
This property features: Operating restaurant with equipment, furnishings, and fixtures included; Three‑bedroom, one‑bath apartment on the second floor; Finished attic space with an additional full bathroom
