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Historic Theater with Storefronts
For Sale
$870,000

25 + 27 Railroad Street, North Canaan, CT 06018

Commercial For Sale, North Canaan, CT

Property Size10,383 SF
Lot Size0.42 Acres
Price / SF$83.79
Days on Market74

Property Features for 25 + 27 Railroad Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning 3
Interior features Window Display
Lot features Dry, Cleared
Directions From Route 44, Railroad St, to #25. Park in gravel lot labeled "private"
Standard status Active
Size 10,383 SF
Lot size 0.42 Acres

Taxes and HOA fees

Tax Year 2027
Tax Annual Amount 6909

Utilities

Sewer type Public Sewer
Cooling system Central Air
Water source Public

Amenities

custom mural
vintage ticket booth
concession stand
movie screen
performance stage
dance floor
private balconies

Building Details

Year built 1923
Listing Agency: William Pitt Sotheby's Int'l · Sotheby's International Realty
Listed By: Lenore Mallett · License #RES.0803183
Added: Jun 22 Changed: Aug 30 Last Checked: Sep 3 at 6:06AM
MLS# 24183458

Copyright © 2026 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 1923, this three-level theater and concert venue combines performance infrastructure with separately accessed street retail. The principal theater includes a movie screen, performance stage, removable seating for approximately 120 guests, a dance floor, concession area, waitress station, and two multi-stall restrooms. A second-floor 1,500-square-foot ballroom adds another screen, two projection rooms, two private balconies, two multi-stall restrooms, and a secondary service station. An interior stairwell connects this level with the exterior and private parking lot.

Two freestanding storefronts front Railroad Street, each measuring approximately 1,000 square feet and equipped with a half bathroom, independent heating and cooling, window display capability, and sidewalk access. Both units are leased to At Home in the Studio and Canaan Kids Art Space. The property also includes a separate 0.42-acre parking lot with public water and public sewer. Located in downtown North Canaan along State Route 7, the property is in Litchfield County and carries zoning designation 3.

Key Highlights

  • 1923‑built theater and concert venue with three levels
  • Approximately 10,383 square feet of property improvements
  • Second‑floor ballroom measures 1,500 square feet

Property Analytics

Current Use

Theaters & concert halls

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Plumbing Service Storage Facility Pharmacy (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

247
Businesses Nearby
54k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 47% Groceries 37% Shops & Services 10% Home Improvements & Furnishings 6%
Stop & Shop Groceries
19,823 visits/mo 0.5 miles
Dunkin' Donuts Dining
13,237 visits/mo 0.4 miles
McDonald's Dining
11,860 visits/mo 0.3 miles
C A Lindell Ace Hardware Home Improvements & Furnishings
3,377 visits/mo 0.2 miles
Mobil Shops & Services
2,805 visits/mo 0.4 miles

Demographics for 06018, CT

2,610
Population
1,240
Households
2.1
Avg Household Size
46
Median Age
25%
College-Educated
90%
High-School Grad
13.3 sq mi
ZIP Area
196
Density / Sq Mi
$56,328
Median Household Income
$43,724
Median Earnings
$1,270
Median Rent
$256,800
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Theater & concert hall - Three-level entertainment venue with flexible event areas, street-facing retail suites, and dedicated parking.
Where is this theater & concert hall located?
The property is located at 25 + 27 Railroad Street North Canaan, CT.
What is the asking price?
The asking price for this property is $870,000.
What are key features of this property?
This property features: 1923‑built theater and concert venue with three levels; Approximately 10,383 square feet of property improvements; Second‑floor ballroom measures 1,500 square feet
More about this property
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