Description

Cambridge City Market presents a rare opportunity to acquire the only full-service grocery store within a 10-mile radius, making it a vital retail destination and community anchor in Cambridge City. Offered at $1,950,000, this well-established grocery business combines strong financial performance, valuable real estate, and multiple income-generating assets on a spacious 2.8-acre property. The operation produces approximately $225,000 in monthly sales, generating annual revenue of $2.7 million and an impressive NOI of $600,000. Built in 2008, the modern 18,000-square-foot facility includes three buildings on site, along with a two-bedroom home ideal for an owner-operator or rental income and a three-bay garage suitable for storage, operations, or additional revenue opportunities. As the town’s only grocery provider, the business benefits from a loyal customer base, limited competition, and consistent year-round traffic. The store features a full fresh meat department, in-house pharmacy, bakery, and expansive grocery and produce sections, all contributing to stable, diversified income streams. Additional upside potential exists through the expansion of prepared foods or deli services, introduction of specialty products, implementation of delivery or online ordering services, and further development of the oversized property or unused spaces.