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    OFF-MARKET
    Commercial real estate

    000 Confedential, Malden, MA 02148

    Property ID
    Property summary
    AI-generated overview

    Prime opportunity to own a well-established convenience store in Malden, MA (02148). Located on a busy street within a retail strip offering ample customer parking, this 900 sq ft store enjoys high visibility. Currently offering groceries, cigarettes, lottery (including Screen Keno), and ATM services, the business boasts significant revenue streams. Projected 2024 sales are approximately $160,000 in groceries, with an estimated $60,000 in annual lottery commission and $6,000 in annual ATM commission. The annual rent is approximately $25,800. The current owner operates with reduced hours due to personal reasons, presenting a clear path to increased profitability by extending operating hours. Additional revenue streams could be generated through the addition of services such as EBT, bill payment, money transfer, and Bitcoin transactions. This is an ideal opportunity for a self-operated business, potentially with family assistance. The information provided is based on seller data and has not been independently verified. Potential buyers are strongly encouraged to conduct their own due diligence.

    Property profile
    Verified
    Property type Commercial real estate
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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