Retail

Canaan, CT Retail Space for Sale

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Historic Theater and Street-Front Retail
Updated: Jun 22
Historic Theater and Street-Front Retail

27 Railroad Street, North Canaan, CT 06018

$695,000
10,383 sqft 0.24 AC lot
Built in 1923, this three‑level entertainment venue includes a massive main theatre with soaring ceilings and flat tiered flooring.
The theatre has structural seating for approximately 120 guests, with additional room to add seating.
Two primary floors provide space for approximately 400 guests, plus separate, street‑front commercial retail units.
Street‑facing marquee with neon lighting, along with a custom mural, vintage ticket booth, and concession stand inside.
Comprehensive $1M+ restoration in the early 2000s restored original Art Deco details.
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Colonial Theatre with Street-Front Retail
Updated: Jun 25
Colonial Theatre with Street-Front Retail

27 Railroad St, Canaan, CT 06018

$695,000
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
Two primary floors provide approx. 400 guest capacity, plus flexibility as uses have evolved over time
Street‑front facade includes separate, high‑visibility commercial retail units for potential immediate income
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Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 25 Potential Opportunities for your consideration. Besides 2 Active listings in Canaan, CT, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 18 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

High-Visibility Retail Building
High-Visibility Retail Building

20 Kent Road S, Cornwall, CT 06754

$695,000
6,628 sqft 0.26 AC lot

For-sale retail building on US Route 7 with 6,628 SF of space and plenty of parking.

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Turnkey Main Street Retail Store
Turnkey Main Street Retail Store

317 Main St, Great Barrington, MA 01230

$239,000
1,300 sqft

Street-level retail space includes two bathrooms, a kitchenette, and a full basement for additional storage.

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Turnkey Downtown Retail Boutique
Turnkey Downtown Retail Boutique

317 Main St, Great Barrington, MA 01230

$239,000
1,300 sqft

Street-level retail space with two bathrooms and a kitchenette, plus a full basement for additional storage.

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Two-Unit Retail Building with Parking
Two-Unit Retail Building with Parking

22 Kent Road S, Cornwall, CT 06754

$399,000
1,820 sqft 0.22 AC lot

Move-in ready two-unit retail building with private entrances, powder rooms, and ample on-site parking.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

PUD-Zoned Commercial Land with Frontage
PUD-Zoned Commercial Land with Frontage

3229 State Road 207, Elkton, FL 32033

$1,599,000
2.07 AC lot

2.07-acre PUD-zoned parcel on State Hwy 207 with 360 feet of frontage and an on-site renovated 2012 home.

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Off-Market Properties in Canaan, CT

Consider similar Off-Market properties in Canaan, CT. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

10 Railroad St
RETAIL STORES (PERSONAL SERVICES)

10 Railroad St, Canaan, CT 06018

Value Estimation by Request
1,900 sqft 0.04 AC lot
View details
170 Ashley Fls Rd
RETAIL STORES (PERSONAL SERVICES)

170 Ashley Fls Rd, Canaan, CT 06018-2014

Value Estimation by Request
1,672 sqft 0.39 AC lot
View details
11 Railroad St
RETAIL STORES (PERSONAL SERVICES)

11 Railroad St, Canaan, CT 06018

Value Estimation by Request
1,932 sqft 0.05 AC lot
View details
14 Main St
RETAIL STORES (PERSONAL SERVICES)

14 Main St, Canaan, CT 06018-2508

Value Estimation by Request
2,275 sqft 0.21 AC lot
View details
80 Main St, Unit 86
RETAIL STORES (PERSONAL SERVICES)

80 Main St, Canaan, CT 06018-2460

Unit 86
Value Estimation by Request
4,620 sqft 0.13 AC lot
View details
5 Railroad St
RETAIL STORES (PERSONAL SERVICES)

5 Railroad St, Canaan, CT 06018-2012

Value Estimation by Request
6,598 sqft 0.08 AC lot
View details
62 Main St
RETAIL STORES (PERSONAL SERVICES)

62 Main St, Canaan, CT 06018-2460

Value Estimation by Request
6,070 sqft 0.37 AC lot
View details
79 Railroad St
RETAIL STORES (PERSONAL SERVICES)

79 Railroad St, Canaan, CT 06018-2062

Value Estimation by Request
8,394 sqft 0.95 AC lot
View details
76 Main St
RETAIL STORES (PERSONAL SERVICES)

76 Main St, Canaan, CT 06018-2460

$1,110,000
Estimated value
8,174 sqft 0.62 AC lot
View details
35 Railroad St
RETAIL STORES (PERSONAL SERVICES)

35 Railroad St, Canaan, CT 06018-2012

Value Estimation by Request
2,968 sqft 0.43 AC lot
View details
21 Railroad St
RETAIL STORES (PERSONAL SERVICES)

21 Railroad St, Canaan, CT 06018-2086

Value Estimation by Request
7,072 sqft 0.20 AC lot
View details
297 Ashley Fls Rd
RETAIL STORES (PERSONAL SERVICES)

297 Ashley Fls Rd, Canaan, CT 06018-2001

Value Estimation by Request
6,000 sqft 1.28 AC lot
View details
91 Railroad St
RETAIL STORES (PERSONAL SERVICES)

91 Railroad St, Canaan, CT 06018-2012

$505,000
Estimated value
8,562 sqft 0.26 AC lot
View details
462 Ashley Fls Rd
RETAIL STORES (PERSONAL SERVICES)

462 Ashley Fls Rd, Canaan, CT 06018-2016

$870,000
Estimated value
9,192 sqft 0.79 AC lot
View details
81 Church St
RETAIL STORES (PERSONAL SERVICES)

81 Church St, Canaan, CT 06018

Value Estimation by Request
3,432 sqft 0.14 AC lot
View details
93 Church St, Unit 101
RETAIL STORES (PERSONAL SERVICES)

93 Church St, Canaan, CT 06018-2482

Unit 101
Value Estimation by Request
3,562 sqft 0.29 AC lot
View details
47 Church St
RETAIL STORES (PERSONAL SERVICES)

47 Church St, Canaan, CT 06018

Value Estimation by Request
2,420 sqft 0.36 AC lot
View details
25 Elm St
RETAIL STORES (PERSONAL SERVICES)

25 Elm St, Canaan, CT 06018-2147

Value Estimation by Request
3,000 sqft 0.56 AC lot
View details

Canaan, CT Retail Space Market Trends and Statistics

Explore 20 retail space for sale in Canaan, CT on our real estate platform. These investment opportunities span a total of 10,383 square feet of properties for sale, with an estimated market value of $1,390,000.

Sale prices for retail space in Canaan, CT average $695,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Storefront properties 4

Demographics Overview

Population 2,630
Population Growth (5Y) -8.8%
Median Household Income $56,328
College Educated 31.6%

High-Yield Neighborhoods for Investment

Identify Canaan submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
Canaan $695K
Falls Village $725K

Taxes & Financing

Tax Rate (average for all types) 2.52%
Property Tax per SF $51.12 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Litchfield County

New Delisted

Total CRE Inventory on Market (SF)

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