20 Lafayette St, Norwich, CT 06360

$635,000
4
BA
3,476
SqFt

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List Price
$635,000
Status
ACTIVE
Days on Market
31
MLS#
24198847
Subtype
Commercial For Sale
Year Built
1938
Bathrooms
4
Full Baths
2
Half Baths
2
Living Area
3,476
Lot Size
17,424
Acres
0.40
Neighborhood
N/A

Property Description

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!!

Additional Information

Taxes
$7,021
Zoning
NC
Heating
Baseboard, Radiator(s)
Air Conditioning
Window/Wall

Mortgage Calculator

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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Monica Barzola from Eagle Eye Realty PLLC. (860) 810-6748 (860) 263-9102

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