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$650,000
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Property Description
Exceptional mixed-use investment opportunity featuring a well-established, turnkey restaurant business on the first floor and a spacious residential unit above. 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 apartment offers 3 generously sized bedrooms, 1 full bathroom, and abundant living space. The finished attic provides additional versatile space complete with another full bathroom, ideal for extended living, office space, or storage. 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 major highways, hospitals, and other local businesses.
Full Property Details
Full Property Details for 2022 Lafayette St
General
- Price: $650,000
- Taxes: (July 2026-June 2027)
- Status: Active
- Type: Commercial
- Source: SMARTMLS
- MLS ID: 24180461
- Updated: 7/21/2026
- Added to Site: 59 day(s) ago
Business
- Business Included: Yes
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Location
- County: New London
- Driving Directions: William St. to Lafayette St.
Heating & Cooling
- Cooling Type: Split System, Wall Unit, Window Unit
- Heating Type: Radiator, Natural Gas
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer Connected
- Water: Public Water Connected
- Utility Description: Electric, Gas
Structural Information
- Roof: Asphalt Shingle
- Square Feet: 3,476
- Sq. Ft. Source: Public Records
- Year Built: 1938
Unit Information
Unit 1
- Unit Description: 3 Bedrooms
- Total Bathrooms: 1
Lot Features
- Lot Size (Acres): 0.4
- Frontage: Paved Road
- Zoning: NC
- Lot Description: N/A
Financial Considerations
- Assessment Amount: $205,600
- Tax Year: July 2026-June 2027
Disclosures and Reports
- Documents Avail.: Lead Disclosure, Other
- Property ID: 2023667
Listed by Premier Properties of CT, Carol Cajahuaringa
Get Pre-Approved Today
Schools
Schools serving 2022 Lafayette St
School District:Norwich School District
| Name | Grades | Distance |
|---|---|---|
Samuel Huntington School 80 West Town Street, Norwich, CT 06360 | PK-5 | 1.1 mi |
Kelly Middle School 25 Mahan Drive, Norwich, CT 06360 | 6-8 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2022 Lafayette St
Date
Details
Price
Change
Source
6/01/2026
Listed
$650,000
195.45%
MLS
1/24/2017
Sold
$220,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2022 Lafayette St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$8,321
6%
$205,600
—
2023
$7,854
-14%
$205,600
9%
2023
$9,169
—
$188,500
—
2022
$9,138
—
$188,500
—
2021
$9,169
—
$188,500
—
2020
$9,137
1%
$188,500
—
2019
$9,046
16%
$188,500
17%
2018
$7,830
11%
$161,800
12%
2017
$7,028
-1%
$144,200
—
2016
$7,074
2%
$144,200
—
2015
$6,930
5%
$144,200
—
2014
$6,623
3%
$144,200
-28%
2011
$6,454
—
$200,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2022 Lafayette St
20-22 Lafayette Street, Norwich, CT 06360 (MLS# 24180461) is a Commercial property. 20-22 Lafayette Street is currently listed for $650,000 and was received on June 01, 2026. Want to learn more about 20-22 Lafayette Street? Do you have questions about finding other Commercial real estate for sale in Norwich? You can browse all Norwich real estate or contact a Coldwell Banker agent to request more information.

