This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

1245-1251 Chalkstone Ave

6,554 SF 100% Leased Retail Building Providence, RI 02908 $595,000 ($91/SF)

Investment Highlights

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

Executive Summary

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.

Property Facts

Sale Type
Investment
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Storefront
Building Size
6,554 SF
Building Class
C
Year Built
1940
Price
$595,000
Price Per SF
$91
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.69
Lot Size
0.22 AC
Zoning
C-1 - Commercial, mixed use
Parking
8 Spaces (2.46 Spaces per 1,000 SF Leased)
Frontage
110 FT on Chalkstone Ave

Amenities

  • Bus Line
  • Signalized Intersection
Walk Score ®
Very Walkable (74)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Citizens Bank
Chase Bank
Colortyme
Santander
Stop & Shop Companies, Inc, The
Newport Creamery

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
PROV-001160-000561-000003
Land Assessment
$0
Improvements Assessment
$103,700
Total Assessment
$103,700
  • Listing ID: 30207525

  • Date on Market: 11/30/2023

  • Last Updated:

  • Address: 1245-1251 Chalkstone Ave, Providence, RI 02908

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}