1245-1251 Chalkstone Ave - Storefront FOR SALE


Providence, RI 02908
$595,000 USD
401-225-4510
1245-1251 Chalkstone Ave, Providence, RI for Sale
$595,000 USD
Storefront - FOR SALE
1/28
null | Request Cap Rate

1245-1251 Chalkstone Ave
Providence, RI 02908


HIGHLIGHTS

  • Near Dora's Home Childcare.
  • Near Mt Pleasant Academy.
  • Iconic Legacy: Home to DeLuise Bakery, a cherished establishment since 1938 with a loyal customer base.
  • Versatile Space: Offers flexible layout options for continuing the bakery tradition or pursuing new business ventures.
  • High Visibility: Positioned at a busy intersection, ensuring maximum exposure and accessibility
  • Convenient Parking

OVERVIEW

Presenting the iconic DeLuise Bakery, a cherished establishment since its founding in1938. This commercial real estate gem features 3 units in a prime location zoned C-1. DeLuise Bakery has been a cornerstone of the community for over eight decades, creating a strong established legacy and loyal customer base. Positioned perfectly at the bustling intersection of Chalkstone and Mt. Pleasant, this property enjoys extremely high visibility and accessibility, making it an ideal spot for continued success. With three commercial units, the building offers versatility for various business endeavors. Whether you wish to continue the bakery tradition or explore other commercial opportunities, the layout caters to a range of possibilities. A significant advantage is the convenience of off street parking with a spacious lot behind the building. This amenity enhances customer convenience and accessibility for both employees and patrons. The sale also encompasses not only the property but also the well-established bakery business and all of the equipment. This turnkey operation allows for a seamless transition, making it an attractive proposition for entrepreneurs and investors alike. The bakery's rich history adds a unique charm to the property, providing a distinct character that resonates with the local community. This is an exceptional opportunity for those looking to invest in a piece of Providence's history while securing a prime commercial space.

FOR SALE DETAILS

PRICE

$595,000 USD

PRICE/SF

$91 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Convenience Store, Restaurant, Office Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1940

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,481 SF

ZONING

C-1

APN/PARCEL ID

PROV-001160-000561-000003

ASK ABOUT THIS PROPERTY

Jonathan WojtowiczRE/MAX ImpactMore Info
401-225-4510

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Jonathan WojtowiczRE/MAX ImpactMore Info
401-225-4510

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.