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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.

More Info

Basic Information

  • Mls StatusNew
  • Parcel Number M:017E B:0005 L:0004,2161102

Tax Information

  • Tax Year 2025
  • Taxes$40,193

Basic Information

  • List Price$3,999,000
  • MLS Number73536305
  • Modification Date06/15/2026

Location

  • Address44 Broadway
  • Building Number44
  • CountyEssex
  • StateMA
  • StreetBroadway
  • TownSaugus
  • Zip01906

Building

  • Building Area Units Square Feet
  • Year Built1965

Property

  • Acreage1.47

Property Information

  • Living Area 9,528
  • Lot Size Square Feet 64,033
  • Lot Size Units Acres
  • Square Feet9,528

Legal

  • ZoningNA
  • Zoning Description Other (See Remarks)

Other

  • Date Listed06/15/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by Derek Wong of V & E Realty

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