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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1245 Chalkstone Ave Chalkstone Ave Providence, RI 02908

Built 1940
Property ID
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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