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$ 550,000
Est. payment | /mo
$ 550,000
Est. payment | /mo
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 73549572
Year Built 2006
Property Description
Profitable Cambridge Convenience Store – Turnkey Business Opportunity! Established for over 20 years, this well-known neighborhood convenience store is located on Broadway, Cambridge, less than 1 mile from Harvard University. The business enjoys a loyal customer base, steady foot traffic, and multiple revenue streams. Features include a transferable Beer & Wine License (limited availability in Cambridge), Massachusetts Lottery generating approximately $55,000 annually in commissions, ATM income of approximately $700/month, and approximately $200,000 in inventory included. Gross sales were approximately $619,094 (2023) and $547,119 (2024) with approximately $120,000 Seller's Discretionary Earnings. Monthly rent is $4,293, with a lease through February 2028 and renewal options. Sale includes all furniture, fixtures, equipment, refrigeration units, POS system, and inventory, making this a true turnkey operation with immediate cash flow.
Location
State MA
County Middlesex
Area Harvard Square
Zoning business
Direction South west
Exterior
Utilities Available Public Water, Public Sewer
Others
Senior Community false
Listed by LAER Realty Partners
LOCATION
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