61 Cedar St 2 Properties Offered at $2,738,140 CAD in Norwalk, CT

61 Cedar Street in Norwalk presents a rare mixed-use investment opportunity combining a well-established Colombian restaurant with a fully occupied multi-family residential building on the same parcel. The property features a commercial building of approximately 2,000 square feet, home to one of the area’s most recognized Colombian restaurants. This turnkey business includes dine-in seating, a quick-service counter, and a large basement for storage. The restaurant seats 60 people and has operated successfully since 2001, supported by a loyal customer base, and current staff and management are willing to remain, ensuring a smooth transition for a new owner.
The residential component consists of a legal two-family building with apartments on the first and second floors, plus a finished basement. The basement and first floor are rented per bedroom, while the second floor is leased as a full unit. All tenants are on month-to-month leases, providing flexibility for future plans. The property offers ample parking in both the front and rear, enhancing convenience for both residents and restaurant patrons.
Located just minutes from I-95 and within a minute of Norwalk’s main street, this property offers excellent accessibility and visibility. This is an exceptional opportunity for investors or owner-operators seeking a property with dual income streams from both a thriving restaurant and strong residential rental income.