1245 Chalkstone Ave Chalkstone Ave Providence, RI 02908
This exceptional opportunity presents a 5,246 sq ft commercial property located at 1245 Chalkstone Avenue in Providence, Rhode Island, zip code 02908. The property, built in 1940, includes three commercial units within a single-story building situated on a sizable lot. The C-1 zoning allows for a variety of commercial uses. Currently operating as a well-established bakery with a loyal customer base and a rich history spanning over eight decades, this turnkey operation includes all equipment. The property boasts high visibility at a bustling intersection, offering excellent accessibility and ample off-street parking. The sale encompasses the land, building, established business, and all equipment, presenting a unique opportunity for investors and entrepreneurs seeking a seamless transition into a thriving commercial venture. This is a chance to own a piece of Providence history while capitalizing on a prime commercial location with significant potential. The property offers versatility for various business endeavors, making it an attractive investment in a vibrant community. The spacious lot provides ample parking for customers and employees, enhancing convenience and accessibility.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.