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    27 Railroad St North Canaan, CT 06018

    For Lease
    $2,500 /Mo ($5 SF/Yr)

    Commercial For Lease - North Canaan, CT

    Property size:
    5,500 SF
    Lot size:
    0.24 Acres
    Days on Market:
    159
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 27 Railroad St

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    3
    APN
    2408980
    Size
    5,500 SF
    Lot size
    0.24 Acres

    Utilities

    Heating system
    Oil
    Cooling system
    Central Air

    Building Details

    Year built
    1920
    Roof type
    Metal
    Architectural style
    Other

    William Pitt Sotheby's Int'l (860) 868-6920 [email protected]

    Listing agent Lenore Mallett (860) 435-2400

    Listing date Jun 30, 2025

    MLS# 24053619 Listing URL

    Copyright © 2025 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.

    Overview

    Versatile Commercial Space in North Canaan

    This commercial space, located on the first floor of the historic Colonial Theatre in the heart of North Canaan, CT, offers approximately 5500 square feet of flexible space suitable for various business ventures. The property features a stage and tiered floors with removable theatre seats, making it ideal for an entertainment space, retail space, movie screenings, or a dance studio. The space has direct access to the Colonial's private parking lot for use of tenants and patrons of the building. It also includes access to two separate private restrooms and a kitchenette area with a small sink and counter/prep space. The building is shared with multiple tenants, including a movie theatre/event space and At Home in the Studio. The property is centrally located on up-and-coming Railroad St, which is home to many businesses. This rental opportunity is available on the first floor ("theatre space" only) of the historic Colonial Theatre. The property includes a private parking lot shared with other theatre tenants and patrons. The lot size is 0.24 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Stunning Styles Hair Hair Salon Canaan Colonial Theatre Movie Theater

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    North Canaan
    County
    Litchfield
    State
    Connecticut
    Longitude
    -73.329649
    Latitude
    42.028169

    Nearby Similar for Lease

    • $1,600 /Mo
      1,500 SF

      Versatile Commercial Space in North Canaan

      Adaptable 1500 sq ft space ideal for studio, office, or retail.
      27 Railroad St, North Canaan, CT 06018
      View Details

    FAQs

    What type of property is this?
    Retail space - Adaptable 5500 sq ft space ideal for retail or entertainment.
    Where is this retail space located?
    The property is located at 27 Railroad St North Canaan, CT.
    What is the lease rate?
    The lease rate is $5 SF/Yr.
    What are key features of this property?
    This property features: - Large, flexible 5500 sq ft space ideal for entertainment, retail, studio, etc.; - Unique features include a stage, tiered floors, and removable theatre seats.; - Centrally located on up-and-coming Railroad St in North Canaan.
    (860) 435-2400
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    27 Railroad St North Canaan, CT 06018
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