Convenience and Grocery Store
420 Medford St, Somerville, MA 02145
For Sale
$79,900
Established retail setup includes refrigeration, shelving, checkout equipment, and seller-owned operating assets.
Property Size2,025 SF
Days on Market62
Property Features for 420 Medford St
General Information
Standard status
Size
Property subtype
Lease Term
Additional Details
Business Included
Building Details
Building Size
Year Built
Listing Agency:
Gold Door Realty
(401) 343-7007
Listed By:
Mustafa Ajlouni · License MA CN250178
(401) 680-0232
Source:
Iverty
Added: Sep 14
Changed: Nov 12
Last Checked: Nov 12 at 8:19AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Gold Door Realty
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Investment Insights
Based on property information with market context.
This business-only offering includes a convenience and grocery store operation with an existing retail setup. Included assets comprise multiple coolers and freezers, commercial shelving, a POS checkout area, security equipment, a coffee station, frozen-dessert equipment, a tobacco retail area, and inventory. The sale excludes the underlying real estate.
The business is located at 420 Medford Street in Somerville’s Winter Hill neighborhood, near Broadway and public transportation. Operations have been limited and intermittent, providing a buyer with an opportunity to establish more consistent hours and manage the store directly. Any future food-service use would remain subject to lease provisions, zoning, licensing, and municipal approvals.
The business is located at 420 Medford Street in Somerville’s Winter Hill neighborhood, near Broadway and public transportation. Operations have been limited and intermittent, providing a buyer with an opportunity to establish more consistent hours and manage the store directly. Any future food-service use would remain subject to lease provisions, zoning, licensing, and municipal approvals.
Key Highlights
- Business and assets sale; real estate is excluded
- Multiple coolers and freezers included
- Commercial shelving and POS checkout area
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,830
Businesses Nearby
16k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 58%
Dining 42%
Mobil
Shops & Services
7,304 visits/mo
0.3 miles
Dunkin' Donuts
Dining
6,731 visits/mo
0.4 miles
PLS Financial Services
Shops & Services
2,104 visits/mo
0.4 miles
Demographics for 02145, MA
27,520
Population
12,669
Households
2.2
Avg Household Size
33
Median Age
55%
College-Educated
89%
High-School Grad
1.4 sq mi
ZIP Area
19,657
Density / Sq Mi
$119,167
Median Household Income
$63,629
Median Earnings
$2,377
Median Rent
$784,900
Median Home Value
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Market
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- Star Market — 275 Beacon St, Somerville, MA 02143
- Sheba Market — 66 Summer St, Somerville, MA 02143
- El Valle de la Sultana Market — 290 Broadway, Somerville, MA 02145
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Established retail setup includes refrigeration, shelving, checkout equipment, and seller-owned operating assets.
Where is this grocery and convenience store located?
The property is located at 420 Medford St Somerville, MA.
What is the asking price?
The asking price for this property is $79,900.
What are key features of this property?
This property features: Business and assets sale; real estate is excluded; Multiple coolers and freezers included; Commercial shelving and POS checkout area
