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Mixed-Use Theatre with Retail
For Sale
$595,000

27 Railroad Street, North Canaan, CT 06018

A restored entertainment venue combines flexible event areas with two occupied street-level commercial spaces.

Property Size10,383 SF
Price / SF$57.31
Days on Market124

Property Features for 27 Railroad Street

General Information

Standard status Active
Size 10,383 SF
Property subtype Commercial
Zoning 3

Amenities

retro marquee
custom mural
vintage ticket booth
concession stand
massive movie screen
full performance stage
dance floor
waitress station
private balconies
projection rooms

Building Details

Building Size 10,383 SF
Year Built 1923
Buildings 1
Stories 3
Tenancy Multi
Listing Agency: William Pitt Sotheby's Int'l
Listed By: Lenore Mallett · License #RES.0803183
Source: Cappellorealty
Added: Jun 22 Changed: Oct 22 Last Checked: Oct 22 at 2:36PM

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

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Investment Insights

Based on property information with market context.

Built in 1923, this 10,383-square-foot theatre property pairs performance and gathering spaces with two separate commercial storefronts. A restoration in the early 2000s brought back Art Deco details. The main auditorium has tiered flooring, removable seating for approximately 120, a movie screen, performance stage, dance floor, concession stand and two multi-stall restrooms. Upstairs, a 1,500-square-foot ballroom includes another screen, two projection rooms, two balconies and two additional multi-stall restrooms. The building is described as accommodating approximately 400 guests across its two primary floors.

The two street-facing storefronts are approximately 1,000 square feet apiece, each with a half bathroom and its own heating and cooling system. Both spaces have tenants and leases in place. The property is at 27 Railroad Street in North Canaan, along State Route 7.

Key Highlights

  • 10,383‑square‑foot theatre property built in 1923
  • Main auditorium has removable seating for approximately 120, plus a stage, screen and dance floor
  • Second‑floor ballroom measures 1,500 square feet and has a movie screen, two projection rooms and two balconies

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Stunning Styles Hair Hair Salon Canaan Colonial Theatre Cinema

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Plumbing Service Storage Facility Pharmacy Bakery

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Mixed-use property - A restored entertainment venue combines flexible event areas with two occupied street-level commercial spaces.
Where is this mixed-use property located?
The property is located at 27 Railroad Street North Canaan, CT.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: 10,383‑square‑foot theatre property built in 1923; Main auditorium has removable seating for approximately 120, plus a stage, screen and dance floor; Second‑floor ballroom measures 1,500 square feet and has a movie screen, two projection rooms and two balconies
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