44 Broadway, Saugus, MA 01906

$3,999,000
9,528
SqFt

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List Price
$3,999,000
Days on Market
44
Status
ACTIVE
MLS#
73536305
Living Area
9,528
Lot Size (Acres)
1.47
Year Built
1965

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.

Additional Information

Taxes
$40,193

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Listing courtesy of Listing Agent: Derek Wong from Listing Office: V & E Realty.

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