The fire broke out around 3 AM this morning and it took fire tenders about three hours to douse the flames but it was smoldering under the debris till 11 AM, police said.
A man was seriously injured while he was assisting the fire fighters. He was rushed to a hospital, they said.
Superintendent of Police D W Negi said the fire reportedly started from adjoining utensils shop and engulfed the grocery shop and the goods stored in ground and first floors of the building were reduced to ashes.
The cause of fire could not be ascertained but the police have registered a case of fire by mischief, the SP said, adding forensic experts inspected the spot and collected evidence.
The owner of the shop said that the loss in fire would run into lakhs of rupees.
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