61 Cedar Street, Norwalk, Connecticut 06854

About this home

Exceptional mixed-use investment opportunity in the heart of Norwalk, CT. This well-maintained property features a long-established Colombian restaurant that has successfully operated for over 25 years, offering strong visibility and a loyal customer base. The commercial space is complemented by a multifamily residence, providing additional income potential or owner-occupant flexibility. Ideally situated in a prime location, the property offers easy access to major highways and key routes, ensuring high traffic exposure and convenience. Ample on-site parking enhances accessibility for both residential and commercial tenants. Close to shopping, dining, public transportation, and all local amenities, this property combines stability, location, and versatility. Perfect for investors or entrepreneurs looking to own a thriving business location with residential income in one of Norwalk's most desirable and accessible areas.

Flood risk: check the FEMA flood map for this address.

Taxes

Interior

Building & Exterior

Lot & Land

What it would cost per month

An estimate you can adjust — not a quote, and not an offer of credit. Principal and interest only, plus the taxes and HOA already on this listing. Insurance, PMI and closing costs are not included. Rate seeded at 6.5% (August 2026); change it to whatever your lender quotes.

What's nearby

Distances are straight-line from the property, not driving or walking routes. Places data © OpenStreetMap contributors.

Recent comparable sales

The 3 closest recent sales to this home, nearest match first — same building where possible, then the surrounding streets, widening only when there is nothing closer. These are recorded sale prices from the MLS, not estimates. No automated valuation is shown, because what a home is worth depends on condition, layout and timing that a formula cannot see — call John at 203·883·3399 to read them properly against this home.

3 comparable sales — median $712,500, ranging $395,000 to $1,150,000.

Within about a mile and a half, sold in the last 2 years
• 5 Cross StreetStudio · 1 ba · 1,641 sq ft · 1.3 mi away
  $712,500$434/sq ft2025-09-25
Same town, sold in the last 3 years
• 6 Woodward AvenueStudio · 1 ba · 1,399 sq ft · 0.9 mi away
  $395,000$282/sq ft2026-05-04
• 117 New Canaan AvenueStudio · 2 ba · 2,765 sq ft · 1.7 mi away
  $1,150,000$415/sq ft2025-11-12

Public record

From the Norwalk assessor's public property record. These figures describe the property as the town has it on file and can differ from the listing — a finished basement or an addition may not be reflected in the assessor's living area.

More homes in Norwalk

Closest in price to this one.

• 122 South Main StreetStudio · 8 bath · 4,484 sq ft$2,000,000
• 194 East Avenue4,290 sq ft$1,900,000
• 194 East Avenue4,290 sq ft$1,900,000
• 165-167 Main StreetStudio · 5 bath · 6,070 sq ft$1,800,000
• 140 Water Street9,856 sq ft$2,350,000
• 16-1 Ann Street Unit 1Studio · 2 bath · 5,952 sq ft$999,999

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