For Sale
$4,900,000

Eagle Rd Saugus, MA 01906

3+ Acres, 4 Homes, High Visibility

Overview

Added:
Feb 3
Days on market:
84
This exceptional 3.02-acre parcel in Saugus, MA, presents a rare development opportunity. Situated in the Business Highway Sustainable Development Zoning District, this property offers significant potential for a variety of projects. The zoning allows for up to 90 units, making it ideal for a multi-family residential development, such as an over-55 community, apartments, condominiums, or townhomes. A mixed-use development is also a possibility. The land's high visibility from Route 1 North provides excellent exposure, making it a prime location for a flagship development. Currently, four income-producing homes are on the site, offering immediate return on investment. Access is available from multiple approved roads, enhancing the property's functionality and appeal. This "Gateway to Saugus" location provides unparalleled visibility and accessibility, making it an exceptional investment for a developer seeking to create a landmark project. The property's size and zoning flexibility allow for a wide range of creative development concepts, promising a significant return. Bring your vision and build a development that will be a source of pride for both the developer and the town of Saugus.

Property Details for Eagle Rd

Property type
Commercial real estate
Lot Size (sq. ft)
131,551 SF

Location Insight

City
Saugus
County
Essex
State
Massachusetts
Latitude
42.44811
Longitude
-71.02328

FAQs

What type of property is this?
Commercial real estate - 3+ Acres, 4 Homes, High Visibility
Where is the commercial real estate located?
The property is located at Eagle Rd Saugus, MA.
What is the asking price?
The asking price for this property is $4,900,000.
How can I contact the broker?
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Eagle Rd
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