44 Broadway

Saugus, MA, 01906

Commercial · MLS #73536305

Days on market

21 days

Lot size

1.47 ac

1.47 acres

Lot

About this home

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 100,000110,000 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.

Location

44 Broadway, Saugus, MA, 01906

Property details

Parking: 21+ Spaces

Listed by Derek Wong · V & E Realty

Schedule a showing

44 Broadway

Estimated payment

$25,739 / month

Down payment20% · $799,800

Interest rate6.43%

Loan term

Principal & interest: $20,074
Property tax: $3,999
Home insurance: $1,666

Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses 1.2% of price (MA average).