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MLS 24198847 For Sale Price Reduced Updated September 27, 2026
20 Lafayette Street

Norwich, Connecticut 06360

$595,000
On market 45 days
20 Lafayette Street
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About This Property

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!!

Property Details

Interior

Heat
Baseboard,Radiator — Natural Gas
Cooling
Window Unit

Exterior & Lot

Roof
Asphalt Shingle
Construction
Construction
Lot Description
Dry Level Lot

Utilities & Systems

Water Source
Public Water Connected
Sewer
Public Sewer Connected

20 Lafayette Street

Norwich , Connecticut 06360

$595,000

Was $635,000 Reduced

On market 45 days

Beds
0
Baths
4
SqFt
3,476
Type
Commercial
County New London
Garage -
Rooms -
Lot Size 0.40 Acres
Property Tax $7,021
Assessed Value $205,600
Year Built 1938
Zoning NC

Payment Estimate

30-year fixed. Includes taxes; estimates only.

Estimated Monthly Payment
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Property Map

Map location is based on the property address.

Listing information is deemed reliable but not guaranteed and is sourced from the local MLS feed. Brokerage shown: MATT01.

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