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Flexible Retail Building with Kitchen
For Sale
$699,000

20 Knollwood Drive Canterbury, Canterbury, CT 06331

Modern retail building in a Village Commercial Zone with kitchen and bath, suited for flexible unit configurations.

Property Size5,306 SF
Lot Size3.85 Acres
Price / SF$131.74
Days on Market225

Property Features for 20 Knollwood Drive Canterbury

General Information

Standard status Active
Size 5,306 SF
Lot size 3.85 Acres
Zoning VC

Taxes and HOA fees

Annual Taxes $6,382

Amenities

No HOA Fees

Building Details

Year Built 2008
Listed By: Sharon Lucido
Source: Bournetosellrealestate
Added: Jan 22 Changed: Aug 15 Last Checked: Sep 2 at 1:07PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sharon Lucido

Investment Insights

Based on property information with market context.

Built in 2008, this well-maintained retail building offers 5,306 square feet of flexible commercial space on 3.85 acres. The property includes a full kitchen and a full bath, supporting a variety of operational formats including home-based business and live/work use. Currently rented, the building’s layout may be divided into up to four separate units, creating flexibility for multiple business setups.

Located at 20 Knollwood Drive in Canterbury, CT, the site is placed within a Village Commercial Zone. The property’s acreage provides room for potential add-ons or expansion, which may support additional units, storage, or future development considerations.

For tenants, owner-occupants, and buyers seeking adaptable space, the combination of modern construction, existing in-building amenities, and possible multi-unit configuration can fit a range of approaches—from operating a single location to accommodating multiple suites under one roof. The current rental status may also appeal to buyers looking for a property that’s already in use while evaluating how best to optimize the layout for their business plan.

Key Highlights

  • 5,306 SF retail building built in 2008
  • Located in a Village Commercial Zone and currently rented
  • Sits on 3.85 acres with ample land for potential expansion

Property Analytics

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

Foot Traffic Nearby

Shops & Services 100%
Cumberland Farms Shops & Services
11,428 visits/mo 0.1 miles
Berkshire Bank Shops & Services
2,922 visits/mo 0.2 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 - Modern retail building in a Village Commercial Zone with kitchen and bath, suited for flexible unit configurations.
Where is this retail space located?
The property is located at 20 Knollwood Drive Canterbury 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: 5,306 SF retail building built in 2008; Located in a Village Commercial Zone and currently rented; Sits on 3.85 acres with ample land for potential expansion
More about this property
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