1294 Chalkstone Avenue Providence

$639,900
2,926 sq ft

The Property

Excellent opportunity to own a fully equipped commercial property with an operating restaurant in a highly visible Providence location. 1294 Chalkstone Avenue offers a versatile space well suited for an owner-user, investor, restaurant operator, retail business, or other commercial use.

The property features a full basement and has benefited from significant building and infrastructure improvements, including a new HVAC system, new 400-amp electrical system, new roof, and new fire alarm system. The property currently houses an operating restaurant, and the kitchen equipment is included in the sale, providing an excellent opportunity for a buyer looking for a restaurant-ready location.

A walk-in freezer is also included.

Located along busy Chalkstone Avenue, the property offers strong street exposure and convenient access to surrounding Providence neighborhoods and major routes. Whether you are looking to operate your own business or add a commercial property to your investment portfolio, this property offers substantial potential.

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Listing Details

MLS Number

1421372

Lot Size:

0.07 acres

Features

  • Basement: Full
  • Restrooms
  • Bus
  • Heating: Central
  • Heating Fuel: Central
  • Corner
  • Free Standing
  • Year Built: 1936

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Market Trends for Commercial/Business,Commercial Sale
in Providence

  • Overview
    Homes for Sale Today53-10.2% decrease in inventory
    New on Market *25400% increase in new listings
    Avg. Asking Price/Sq.Ft. *$390.54$3 decrease in List Price/Sq.Ft.
    Avg. Sale Price *$723,017$98,017 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *101.47%4.7% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$130.66$60 decrease in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *11864 increase in days on market

    * All data is calculated based on the last 30 days

  • Avg. Sale Price
  • Avg. Days on the Market
  • New Market Inventory
  • Lila's Estimate

    Realtors Property Resource

    This is an estimate home valuation provide by RPR. It is based on RPR’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    ...

    Zillow

    This is an estimate home valuation provide by Zillow. It is based on Zillow’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    Real value?

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    Online estimates take you only so far. One of our associates can give you a market analysis of what your homes value.

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