$695,000
( $66.94Per Sq Foot )
 $3,731 est/mo Sourced by Back At You

27 Railroad Street,North Canaan, CT 06018

North Canaan, CT 06018

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Description

A landmark cultural anchor for over a century, The Colonial Theatre has stood proud in the heart of downtown North Canaan since 1923. Commissioned by a prominent local hotelier as a grand gesture for his wife, who had grown weary of quiet country living, this majestic three-level entertainment center was built to bring world-class vibrant energy to the Litchfield Hills. While its specific uses have evolved over the decades, its core purpose as a celebratory gathering place for the community remains beautifully unchanged. What truly sets this landmark commercial property apart is its remarkable versatility. In addition to housing approximately 400 guests across its two primary floors, the building features completely separate, high-visibility commercial retail units along the street-front facade, offering immediate income potential. Standing outside, you are immediately struck by the iconic, retro marquee; its brilliant neon lights perfectly set the stage for the magic that lies within. Meticulously maintained, the building underwent a comprehensive $1M+ restoration in the early 2000s that faithfully revived its original Art Deco details. Upon entering, a striking custom mural greets you, leading seamlessly to the vintage ticket booth and concession stand. Pass through the double doors into the massive main theatre, where you are met with soaring ceilings, flat tiered flooring, and structural seating for approximately 120 guests (with ample room to add seating).

Details

MLS #24178306
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1923
Days On Site107
Listing Provided ByWilliam Pitt Sotheby's Int'l | Lenore Mallett

Features

SQ Feet10,383
Zoning3
Acreage0.24

Interior

Cooling SystemCentral Air, Split System

Exterior

Roof InformationMetal

Utilities

Utilities AvailableElectric, Telephone, Cable
Sewage SystemPublic Sewer Connected

Taxes

Tax YearJuly 2026-June 2027
Property Tax6909

Area Information

StateCT
CountyLitchfield
CityNorth Canaan
Zip Code06018
AreaN | A
Listing VS Median (in 06018)
Price:
$695,000
low | high
Med:
$475,000
81.654676258993% of Average
sqft:
10,383
low | high
Med:
2,079
100% of Average
$ / sqft:
$67
low | high
Med:
$228
100% of Average
On site:
107
low | high
Med:
77
100% of Average
Sourced by Back At You

Market Activity 06018

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Learn More About This Property

StateCT
CountyLitchfield
CityNorth Canaan
Zip Code06018
AreaN | A
Listing VS Median (in 06018)
Price:
$695,000
low | high
Med:
$475,000
81.654676258993% of Average
sqft:
10,383
low | high
Med:
2,079
100% of Average
$ / sqft:
$67
low | high
Med:
$228
100% of Average
On site:
107
low | high
Med:
77
100% of Average
Sourced by Back At You
Listing Updated: September 29, 2026 at 8:55:31 AM PDT