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Convenience and Grocery Store Business
For Sale
$79,900

420 Medford St, Somerville, MA 02145

Established retail setup includes refrigeration, shelving, checkout equipment, and seller-owned operating assets.

Property Size2,025 SF
Days on Market14

Property Features for 420 Medford St

General Information

Standard status Active
Size 2,025 SF
Property subtype Commercial

Additional Details

Business Included Yes

Building Details

Building Size 2,025 SF
Year Built 2025
Listing Agency: Gold Door Realty
Listed By: Mustafa Ajlouni
Source: Iverty
Added: Sep 14 Changed: Sep 26 Last Checked: Sep 26 at 8:40AM

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

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.

Key Highlights

  • Business and assets sale; real estate is excluded
  • Multiple coolers and freezers included
  • Commercial shelving and POS checkout area

Property Analytics

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Current Use

Coin Cloud Bitcoin ... Atm Bostonian Convenience II Grocery & Convenience Store UPS Access Point ... Courier Service

Suggested Use

Top Pick Law Firm Accounting Firm Parking Lot & Garage Cosmetic Store Skin Care Clinic Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

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

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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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
More about this property
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