Colonial Theatre with Street-Front
For Sale
$695,000
27 Railroad St, Canaan, CT 06018
Historic, restored three-level theatre offers on-site entertainment space plus separate street-front commercial retail units.
Property SizeContact for details
Days on Market48
Property Features for 27 Railroad St
General Information
Standard status
Active
Property subtype
Commercial
Building Details
Year Built
1923
Stories
3
Listing Agency:
William Pitt Sotheby's Int'l
(203) 209-1777
Listed By:
Lenore Mallett · License #RES.0803183
(203) 209-1777
Source:
Elliman
Added: Jun 25
Changed: Jul 10
Last Checked: Aug 10 at 7:51AM
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 William Pitt Sotheby's Int'l
Investment Insights
Based on property information with market context.
The Colonial Theatre is a landmark three-level entertainment center originally built in 1923 and recently modernized through a comprehensive $1M+ restoration in the early 2000s. The building includes a custom mural at entry, a vintage ticket booth and concession stand, and a massive main theatre space with soaring ceilings, flat tiered flooring, and structural seating for approximately 120 guests, with room to add additional seating. The property also includes separate, high-visibility commercial retail units along the street-front facade.
According to the property remarks, the theatre is located in downtown North Canaan within the Litchfield Hills area. It features an iconic retro marquee with neon lighting at the exterior, and the site is described as somewhat bikeable (BikeScore 16) and car-dependent (WalkScore 8).
For operators, the layout supports multiple uses within one address, pairing an entertainment venue with dedicated retail space facing the street. For buyers evaluating mixed-use potential, the property’s separate street-front retail units are designed to function alongside the theatre’s community gathering purpose, while the theatre itself is configured to handle seated events at an estimated 120-seat capacity in the main room and approximately 400 guests across its two primary floors.
According to the property remarks, the theatre is located in downtown North Canaan within the Litchfield Hills area. It features an iconic retro marquee with neon lighting at the exterior, and the site is described as somewhat bikeable (BikeScore 16) and car-dependent (WalkScore 8).
For operators, the layout supports multiple uses within one address, pairing an entertainment venue with dedicated retail space facing the street. For buyers evaluating mixed-use potential, the property’s separate street-front retail units are designed to function alongside the theatre’s community gathering purpose, while the theatre itself is configured to handle seated events at an estimated 120-seat capacity in the main room and approximately 400 guests across its two primary floors.
Key Highlights
- Built in 1923, historic three‑level entertainment venue in downtown North Canaan
- Restored with a $1M+ restoration in the early 2000s, reviving original Art Deco details
- On‑site entertainment space includes a main theatre with structural seating for approx. 120 guests and flat tiered flooring
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
247
Businesses Nearby
54k
Monthly Visits Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Theater & concert hall - Historic, restored three-level theatre offers on-site entertainment space plus separate street-front commercial retail units.
Where is this theater & concert hall located?
The property is located at 27 Railroad St Canaan, CT.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: Built in 1923, historic three‑level entertainment venue in downtown North Canaan; Restored with a $1M+ restoration in the early 2000s, reviving original Art Deco details; On‑site entertainment space includes a main theatre with structural seating for approx. 120 guests and flat tiered flooring
