144 BroadwaySaugus, MA 01906

This exceptional mixed-use commercial building, located at 144 Broadway in Saugus, Massachusetts, presents a compelling investment opportunity. The property, built in 1935, boasts 2,273 square feet across two stories and sits on a 0.15-acre lot. Currently operating at 100% occupancy, this building offers immediate and consistent cash flow with a 7.00% cap rate. The asking price is $950,000, translating to $431.10 per square foot. The property features a blend of creative office and storefront spaces, perfectly suited for a variety of businesses. Zoned for retail and service uses (with additional overlays on Route 1), this versatile property offers significant potential for future growth and development. Ample parking is available with 20 spaces on-site. The building's prime location on Route 1 in Saugus, Essex County (zip code 01906), ensures high visibility and accessibility, attracting a substantial customer base. This Class C building represents a rare opportunity to acquire a fully leased, income-generating property in a desirable location. The property's strong performance and strategic location make it an ideal investment for both seasoned and new investors seeking a stable and profitable venture.