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Historic Theater with Street-Front Retail
For Sale
$870,000

25 + 27 Railroad Street, North Canaan, CT 06018

COMMERCIAL - North Canaan, CT

Property Size10,383 SF
Lot Size0.42 Acres
Price / SF$83.79
Days on Market47

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 2026
Tax Annual Amount 8673

Utilities

Sewer type Public Sewer
Cooling system Central Air
Water source Public

Amenities

retro marquee
neon lights
custom mural
vintage ticket booth
concession stand

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 4 Last Checked: Aug 7 at 3:06AM
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.

A landmark three-level entertainment center built in 1923, the Colonial Theatre offers a massive main theatre with flat tiered flooring and structural seating for approximately 120 guests. The property also includes custom interior details such as a large custom mural and a vintage ticket booth and concession stand. Across its two primary floors, the building houses approximately 400 guests, and includes completely separate, high-visibility commercial retail units along the street-front facade. Additional interior features include window display space, and the building has central air cooling.

Set on a 0.42-acre lot, the property is served by public water and public sewer. Located at 25 + 27 Railroad Street in North Canaan, it provides both entertainment space and street-facing retail storefront exposure in a downtown setting.

With its combination of theatre capacity and dedicated street-front retail units, the building is well suited for users looking to operate the performance venue while maintaining separate commercial storefront space.

Key Highlights

  • Built in 1923 with structural seating for approximately 120 guests in the main theatre
  • Approximately 400 guests across two primary floors
  • Separate, high‑visibility street‑front commercial retail units along the facade

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 - Historic three-level theater built in 1923 with street-front retail units and central air, on a 0.42-acre site.
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: Built in 1923 with structural seating for approximately 120 guests in the main theatre; Approximately 400 guests across two primary floors; Separate, high‑visibility street‑front commercial retail units along the facade
More about this property
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