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44 BroadwaySaugus, MA 01906

Essex County

$3,999,000List price
9,528Sq Ft
1965Year built
1.47Acre lot
3 months agoOn market

Description

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.

Property Information

Property type
Commercial Sale
Year built
1965
Living area
9,528 Sq Ft
Lot size
1.47 acres
Zoning
NA
Days on market
112
MLS® Listing#
73536305

Property Features

Financial Details

HOA
None
Annual taxes
$40,193Tax year 2025
Parcel number
M:017E B:0005 L:0004,2161102

Directions

Map

Listing Courtesy: V & E Realty - 6177869399

Presented by: Derek Wong

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