LOCATION! LOCATION! LOCATION! PRIME ROUTE 1 EXPOSURE IN SAUGUS! Exceptional opportunity to acquire a beautiful freestanding commercial investment property on highly traveled Route 1. Approximately 100,000–110,000 vehicles pass this location daily, providing outstanding visibility, exposure, and advertising value. Well-maintained building with a large parking lot offering ample parking. Single-tenant occupancy with an attractive Modified NNN lease with landlord responsible for building insurance, providing strong, steady rental income with minimal management responsibilities. A successful restaurant has operated at this location for years. Excellent opportunity for investors seeking stable cash flow, passive income, and a high-profile location in one of the North Shore’s busiest commercial corridors. Your search for a freestanding investment property with strong rental income potential ends here! Please do not contact employees or management or interfere with business operations.
- Disclosure
- Tax Year:
- 2025
- Status:
- Active
- Zoning:
- NA
- Orig Price:
- $3,999,000
- Waterfront:
- No
- MlsStatus:
- Active
- City:
- Saugus
- State:
- MA
- County:
- Essex
- Postal Code:
- 01906
- Longitude:
- W72° 58' 39.8''
- Latitude:
- N42° 28' 15.5''
Commercial Sale
44 Broadway, Saugus, Massachusetts
- Property Type :
- Commercial Sale
- Listing Type :
- For Sale
- Price :
- $3,999,000
- Square Footage :
- 9,528 Sqft
- Year Built :
- 1965
- Lot Area :
- 1.47 Acre
- Listing ID :
- 73536305
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com