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Historic Three-Level Entertainment Venue

27 Railroad St Canaan, CT 06031

27 Railroad St, Canaan, CT, 06031
$695,000
For Lease
$695,000

Three-level theater and studio plus separate street-front retail units with independent HVAC offer flexible event and commercial space.

Days on Market26

Property Features for 27 Railroad St

General Information

Standard status
Active
Listing Agency William Pitt Sotheby's Int'l
Listed by Lenore Mallett · License #RES.0803183
Source Exprealty
Added: Jun 22 Checked: Jul 16 at 5:28 pm

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.

A landmark three-level entertainment center featuring a large main theatre with soaring ceilings, flat tiered flooring, and structural seating for approximately 120 guests with removable seats for reconfiguration. The main level also includes a custom mural, vintage ticket booth, concession stand, a waitress station with a three-bay sink, and two multi-stall restrooms. A dedicated dance floor anchors the front of the stage, supported by a massive movie screen and full performance stage for live performances, guest speakers, and cinematic programming.

The second level includes a large studio space known as “The Ballroom” with soaring ceilings and an additional large movie screen, plus two multi-stall restrooms, two projection rooms, two private balconies (one with an en-suite bathroom), and a secondary waitress station. The building also has a dedicated interior stairwell providing direct connection to the exterior and walkway. Two freestanding storefront units at the front of the building provide separate half bathrooms and their own heating and cooling, with current tenants in place.

Previously restored with a comprehensive $1M+ renovation in the early 2000s that revived original Art Deco details, the property is positioned to support both entertainment operations and complementary retail activity. With removable seating and multiple use-ready levels, it can fit operators seeking an adaptable venue alongside independent street-front commercial space.

Key Highlights

  • Three‑level The Colonial Theatre in downtown North Canaan, built in 1923 and restored with $1M+ work in the early 2000s
  • Main theatre features soaring ceilings, flat tiered flooring, and structural seating for approx. 120 guests (seats are removable)
  • Upper level “The Ballroom” offers approx. 1,500 SF with soaring ceilings, additional large movie screen, 2 projection rooms, and 2 private balconies (one with en‑suite bath)

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Stunning Styles Hair Hair Salon Canaan Colonial Theatre Cinema

Suggested Use

Parking Lot & Garage Electrical Service Plumbing Service Storage Facility Pharmacy (Bike/Boat/Book/etc) Store Bakery (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Big Box & Wholesale Store

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

FAQs

What type of property is this?
Theater & concert hall - Three-level theater and studio plus separate street-front retail units with independent HVAC offer flexible event and commercial space.
Where is this theater & concert hall located?
The property is located at 27 Railroad St Canaan, CT.
What is the lease rate?
The lease rate is $695,000.
What are key features of this property?
This property features: Three‑level The Colonial Theatre in downtown North Canaan, built in 1923 and restored with $1M+ work in the early 2000s; Main theatre features soaring ceilings, flat tiered flooring, and structural seating for approx. 120 guests (seats are removable); Upper level “The Ballroom” offers approx. 1,500 SF with soaring ceilings, additional large movie screen, 2 projection rooms, and 2 private balconies (one with en‑suite bath)
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