Nobody wants to buy the parcel at that price, and it's too small even for a small, independent store.
In fact, the concept itself may be impractical.
The East End had two grocery stores, both of which closed. Nobody chose to build a grocery on those parcels.
A number of smaller retailers now sell staples. There's a big Foodland nearby, and produce is available at the Capitol Market on Capitol Street.
There is simply no evidence of unmet grocery needs.
The failure of a grocery store to materialize in the East End suggests that the market in the East End simply doesn't support one, no matter how tantalizing the idea may be.
Businesses readily go where they can make a profit. Public entities don't have to offer incentives and creative financing to attract them.
Perhaps some business will find the one-acre parcel attractive at $525,000. If so, it will volunteer.
But the city will not be successful in telling the market what to do. It doesn't work that way.