Building Details

Year Built 2008

Listing Agency: Kazantzis Real Estate, LLC K***@gmail.com Show Phone

Listed By: ANDROULA KAZANTZIS · License #REB.0791040

Source: Corcoran

Added: Aug 1, 2025 Changed: Aug 8 Last Checked: Apr 5 at 9:11PM

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Investment Insights

Based on property information with market context.

This 5,306 sq ft retail building, constructed in 2008, is situated on a 3.85-acre lot within a Village Commercial Zone. The property is currently rented and offers the potential to be divided into up to four separate units, accommodating multiple business setups or mixed-use configurations. It features a full kitchen and full bath, making it suitable for a home-based business or live/work arrangement. The property's ample land allows for potential expansion, whether for additional units, storage, or future development. The property could be easily converted into 5 units.

Key Highlights

• Large 5,306 sq ft retail building on 3.85 acres.
• Located in a Village Commercial Zone with potential for multiple business setups.
• Built in 2008 and well‑maintained.

Property Analytics

Property Profile

Current Use

Windham County Strength ... Gym & Fitness Center C L Services Accounting Firm

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store Big Box & Wholesale Store Computer & Electronic Repair Building Supply

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

Location Intelligence

Trade Area within ½ mile

85

Businesses Nearby

14k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

Cumberland Farms Shops & Services

11,428 visits/mo 0.2 miles

Berkshire Bank Shops & Services

2,922 visits/mo 0.1 miles

Demographics for 06331, CT

5,085

Population

2,311

Households

2.2

Avg Household Size

46

Median Age

26%

College-Educated

93%

High-School Grad

40.8 sq mi

ZIP Area

125

Density / Sq Mi

$99,487

Median Household Income

$52,024

Median Earnings

$816

Median Rent

$294,800

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

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Frequently Asked Questions

What type of property is this?

Retail space - 5,306 sq ft retail building on 3.85 acres.

Where is this retail space located?

The property is located at 20 Knollwood Drive Canterbury, CT.

What is the asking price?

The asking price for this property is $699,000.

What are key features of this property?

This property features: Large 5,306 sq ft retail building on 3.85 acres.; Located in a Village Commercial Zone with potential for multiple business setups.; Built in 2008 and well‑maintained.