This updated two-unit property at 10 Railroad Street in North Canaan, Connecticut, presents a remarkable investment opportunity in a growing village. Fully rented and income-generating, this building offers a blend of commercial and residential spaces, making it an ideal addition to any real estate portfolio.
Located in the heart of North Canaan, 10 Railroad Street boasts a prime location with excellent visibility. The main level commercial space features expansive windows that overlook the bustling sidewalk district, ensuring high foot traffic and easy accessibility for customers. The interior is bathed in natural light, streaming in from both the front and back of the building, creating a welcoming and bright atmosphere for any business.
Exterior view of 10 Railroad Street, North Canaan, CT showcasing the updated facade and sidewalk access
The upper unit offers a charming residential apartment, perfect for tenants seeking comfort and convenience. This cozy 1-bedroom, 1-bath apartment is also filled with abundant natural light, creating a warm and inviting living space. The layout includes a comfortable living room, a functional kitchen, a well-sized bedroom, and a full bathroom, catering to modern living needs.
Investment Highlights of 10 Railroad Street:
- Turnkey Investment: This property is fully updated and currently generating rental income, providing immediate returns for investors.
- Prime Location: Situated on Railroad Street in North Canaan, offering high visibility and accessibility in a developing village.
- Versatile Property: Features a desirable mix of commercial and residential units, appealing to a broad tenant base.
- Updated and Well-Maintained: Ensures low maintenance and attracts quality tenants.
- Strong Rental Demand: Located in the growing Village of North Canaan, experiencing increasing demand for both commercial and residential rentals.
Property Details:
- Address: 10 Railroad Street, North Canaan, CT 06018
- Property Type: Mixed-Use (Residential & Commercial)
- Total Square Footage: 1,900 sq ft
- Lot Size: 0.04 Acres
- Year Built: 1845
- Zoning: General Commercial/Industrial
- Commercial Space (First Floor): Features large display windows, half bath, back room with train track views.
- Residential Apartment (Second Floor): Includes living room, kitchen, 1 bedroom, full bath.
- Utilities: Town water and sewer
- Heating: Forced air
- Cooling: Wall unit mini-splits
Interior view of the commercial space at 10 Railroad Street highlighting the natural light and spacious layout
10 Railroad Street is more than just a property; it’s a chance to invest in the thriving community of North Canaan. The combination of updated spaces, a strategic location, and income-generating potential makes this a must-see opportunity for savvy investors. Don’t miss out on securing a foothold in the North Canaan real estate market. Contact the listing agents, Liza Reiss or Jusztina Paksai, for more information and to schedule a viewing today.
