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!!
| Listing Id: | 24198847 |
|---|---|
| List Price: | $595,000 |
| Property Type: | Commercial Sale |
| Status: | Active |
| Bank Owned Property: | No |
| Baths Full: | 2 |
| Baths Half: | 2 |
| Living Area Sqft Per Public Record: | 3,476 |
| Property Tax: | $7,021 |
| Acres: | 0.4 |
| Direct Waterfront Yn: | No |
| City: | Norwich |
| County: | New London |
| Postal Code: | 06360 |
| Year Built: | 1938 |
| Total Number Of Units: | 2 |
| Agent Owner Yn: | No |
| Assessed Value: | $205,600 |
| Basement Description: | No |
| Baths Total: | 4 |
| Comp Only Manual Yn: | No |
| Cooling System: | Window Unit |
| Current Price: | $595,000.00 |
| Directions: | William St to Lafayette St |
| Display Fair Market Value Yn: | Yes |
| Documents Available: | Lead Disclosure |
| Heat Fuel Type: | Natural Gas |
| Heat Type: | Baseboard, Radiator |
| Listing Contract Date: | 2026-08-12 |
| Location: | Other |
| Lot Description: | Dry, Level Lot |
| Mil Rate Total: | $34.15 |
| Status: | Active |
| Occupied By: | Owner |
| Original List Price: | $635,000 |
| Parcel Number: | 2023667 |
| Possession Availability: | Immediate |
| Potential Short Sale: | No |
| Preferred Phone: | (860) 810-6748 |
| Price: | $595,000 |
| Remarks Public Addendum: | Need 24-48 hr notice. |
| Road Frontage Description: | Paved Road |
| Roof Information: | Asphalt Shingle |
| Sewage System: | Public Sewer Connected |
| Sign Yn: | No |
| Sq Ft Source: | Public Records |
| Sq Ft Total: | 3,476 |
| Tax Year: | July 2026-June 2027 |
| Under Agreement Yn: | No |
| Utilities Available: | Gas |
| Water Source: | Public Water Connected |
| Zoning: | NC |
Listing Courtesy of: Eagle Eye Realty PLLC
Listing Agent: Monica Barzola
(860) 810-6748
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Smart MLS Inc. data last updated on October 08, 2026 06:45 PM - ET
Property Last Updated: October 08, 2026 06:45 PM - ET