Quincy-based Grossman Cos. Inc. has purchased property near Coolidge Corner for $2.28 million. Cambridge Savings Bank financed the acquisition.

The 3,000-foot property, located at 429 Harvard St., sits on a quarter-acre and consists of a Citizens Bank branch and 14 parking spaces. It is near the midpoint between Beacon Street and Commonwealth Avenue.

"This building, in an ‘A+’ location, is an excellent addition to what we call our ‘Main Street’ portfolio, which includes long-time owned assets in Newton, downtown Wellesley, Brookline and downtown Hingham," Jake Grossman, who oversaw the acquisition, said in a statement.