Sunday, July 9, 2017

College Kid's Worst Nightmare

From Dave Brigham:

Last time I checked, there were something like 579,000 colleges in Boston, each with approximately 971,000,000 binge drinkers enrolled. So why did Martignetti's Liquors in Brighton go out of business?

Incorporated in 1908 as a grocery business in Boston's North End, Martignetti Companies received the first retail license for beverage alcohol in Massachusetts in 1933, after the repeal of Prohibition, according to the company's web site. In the ensuing decades the company grew its retail and distribution business around New England.

Martignetti's opened in Brighton in 1963. The store closed this past March, the final of the company's retail outlets to shutter. But don't cry in your beer for the company, which a while ago set in motion a plan to focus completely on distribution rather than direct retail.

According to PropertyShark, the 1.84-acre site that the empty store sits on and which includes a large parking lot, is valued at $4.4 million. I haven't been able to find out who owns the site, or what might become of it. As always, stay tuned.

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