Technical
Financial
Distress signals
Property profile

1245 Chalkstone Ave Chalkstone Ave Providence, RI 02908

OFF-MARKET
Retail properties & Spaces
Built 1940
Saved · see the list in your Dashboard

Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1940

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1245 Chalkstone Ave Chalkstone Ave Providence, RI 02908
Providence metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1245 Chalkstone Ave Chalkstone Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message