SQUARE FEET9,528
MLS#73536305
STATUSActive
PROPERTY TYPECommercial - Business
Property 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 Features
Property Type: Commercial - Business
Lot Size: 1.47 Acres
Taxes: $40,193
Year Built: 1965
Feature Descriptions
Building Area Total: 9528
Business Type: Commercial
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 37
Parcel Number: M:017E B:0005 L:0004,2161102
Rental Term: Monthly
Listed By / Shown By
Listed By
Agency Name: V & E Realty
Agent Name: Derek Wong
Agency Phone: 617-786-9399
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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44 Broadway | MLS# 73536305
This commercial property located at 44 Broadway, Saugus, MA 01906 is currently listed for sale with an asking price of $3,999,000. Search Saugus real estate on www.masiellogrouprealestate.com today.