Ben Montenegro - Andrew Abu Inc Realtors Logo
$3,999,000
( $419.71Per Sq Foot )
 $21,467 est/mo Sourced by Back At You

44 Broadway,Saugus, MA 01906

Saugus, MA 01906

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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.

Details

MLS #73536305
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1965
Days On Site105
Listing Provided ByV & E Realty | Derek Wong

Features

SQ Feet9,528
ZoningNA
Acreage1.47

Taxes

Tax Annual Amount40193
Tax Year2025

Location

Senior Community Yes / NoNo

Area Information

StateMA
CountyEssex
CitySaugus
Zip Code01906
AreaEssex
Listing VS Median (in 01906)
Price:
$3,999,000
low | high
Med:
$625,000
100% of Average
sqft:
9,528
low | high
Med:
1,571
100% of Average
$ / sqft:
$420
low | high
Med:
$398
55.211821733282% of Average
On site:
105
low | high
Med:
14
100% of Average
Sourced by Back At You

Market Activity 01906

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Learn More About This Property

Ben Montenegro

Ben Montenegro

Andrew Abu Inc

9560655 (508) 364-9897ben@andrewabu.com
StateMA
CountyEssex
CitySaugus
Zip Code01906
AreaEssex
Listing VS Median (in 01906)
Price:
$3,999,000
low | high
Med:
$625,000
100% of Average
sqft:
9,528
low | high
Med:
1,571
100% of Average
$ / sqft:
$420
low | high
Med:
$398
55.211821733282% of Average
On site:
105
low | high
Med:
14
100% of Average
Sourced by Back At You
Listing Updated: September 6, 2026 at 6:33:14 AM PDT