The Archive’s closing announcement. The café was sold and a new one will open in about a month. — Photo by Christian Matts.

Another storefront on Bogart Street’s nascent commercial strip has changed hands this week as The Archive café closed up shop due to ongoing financial issues, according to customers.

Employees were giving away free coffee until 2 pm on Thursday, when the business shut its doors for good. Customers thereafter expecting lattes and pastries were instead greeted by a sign posted on the door indicating that a new café will open at the location in about a month. Customer Christian Matts told BushwickBK he overheard that the new owners currently own a café on Bedford Avenue in Williamsburg.

“After seven years of serving the fine residents of Bushwick, The Archive will be opening its doors for the last time today. We have loved being a part of this community,” read the sandwich board placed out front on the sidewalk. Patrons were given only one day of notice.

Calls made to the coffee shop Thursday evening and Friday morning went straight to the store’s voicemail, which still reported The Archive’s normal operating hours.

The Archive was one of the first businesses on the street, along with the Brooklyn’s Natural market, which followed the residential conversion of industrial loft buildings in Bushwick and East Williamsburg over much of the past decade. The café’s laid-back vibe, generous collection of DVDs, and periodic film screenings made it a popular destination for those heading to work in the morning and looking to pick up a video after work.

In the past two years, Morgantown has developed swiftly into a neighborhood, drawing Manhattan foodies decamping for Roberta’s as well as an array of businesses including a wine shop, a falafel restaurant, a sushi bar, and a new bakery in the coming months. In addition, new signs of nightlife are popping up on the surrounding streets, including bars The Narrows and Pine Box Rock Shop.

Bogart Street may be in the midst of a retail shake-up, even at this early stage. Earlier this year, Ad Hoc Art closed its doors for good — only to be replaced by a pro audio shop. The music store does brisk businesses selling sound mixing equipment and fog machines, but the art gallery kept late hours, holding events that brought more people to the area.

The new café, when it opens, will find a welcome constituency of residents in a prime location next to the L train — but it faces rising competition.