For Sale
$4,000,000

1268 BroadwaySaugus, MA 01906

Prime MA commercial property, 5 tenants.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional two-story, 7,960 square foot commercial building in Saugus, Massachusetts, presents a compelling owner/user or investment opportunity. Located at 1268 Broadway, this property boasts high visibility on Route 1, ensuring significant traffic and exposure. The building sits on a substantial 33,071 square foot lot and currently houses five credit-rated tenants, providing a stable and consistent income stream. The asking price is $4,000,000, translating to $502.51 per square foot. Rent bumps are included in the lease agreements. The property is zoned NA and is being offered for sale by owner. This multi-tenant retail space, encompassing restaurant and storefront subtypes, represents a rare chance to acquire a prime commercial asset in a high-traffic location. The established tenants and strong location contribute to significant investment potential. Don't miss this opportunity to secure a valuable addition to your portfolio.

Highlights

  • $4,000,000 asking price for this retail property.
  • 7,960 square foot building on a 33,071 square foot lot in Saugus, MA.
  • Multi-tenant property with five credit-rated tenants.
  • Owner-user investment opportunity.
  • Prime Route One location with high visibility and traffic.

Property Details for 1268 Broadway

Property type
Retail properties, Restaurants
Square Feet
7,960 SF
Buildings
1
Stories
2

Location Insight

City
Saugus
County
Essex
State
Massachusetts
Latitude
42.4551167
Longitude
-71.0230996
1268 Broadway, Saugus, Massachusetts

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1268 Broadway
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