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1245 Chalkstone Avenue Providence

$595,000
3,246 sq ft

The Property

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.

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Listing Details

MLS Number

1346991

Lot Size:

0.12 acres

Features

  • Basement: Full
  • Restrooms
  • Security
  • Bus
  • Highway Access
  • Hospital
  • Interstate
  • Private School
  • Public School
  • Railroad
  • Recreational Facilities
  • Restaurants
  • Schools
  • Shopping
  • Corner
  • Paved
  • Sidewalks
  • Strip Store
  • Urban
  • Year Built: 1940

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Market Trends for Commercial
in Providence

  • Overview
    Homes for Sale Today59-14.5% decrease in inventory
    New on Market *10-41.2% decrease in new listings
    Avg. Asking Price/Sq.Ft. *$195.28$115 increase in List Price/Sq.Ft.
    Avg. Sale Price *$506,625$213,375 decrease in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *101.23%-0.4% decrease in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$196.72$41 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *15961 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.

Listed by Re/Max Impact

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