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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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44 Broadway , Saugus, MA 01906
$3,999,000
Est. Payment: $8,886.67/mo
0 Bed
0 Bath
9528 Sqft
Status: Active | Days on site: 94
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House 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.

Highlights

Listed by Derek Wong , 617-290-8289 V & E Realty , 617-786-9399.

Property Type

Commercial Sale

Lot/Acreage
1.47

Year Built

1965

County

Essex

Listing ID

73536305

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:

Exterior Features

Zoning:Other (See Remarks)
Principal Interest
$8,887
Taxes
$3,349

Home Price

$3,999,000

Loan Details

30 yrs
%

Down Payment

20%
$799,800
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Monthly Price:
$8,886.67

Principal

Taxes

Principal Taxes HOA Total
Monthly $8,886.67 $3,349.42 $0.00 $12,236.08
Yearly $106,640.00 $40,193.00 $0.00 $146,833.00
Total $3,199,200.00 $1,205,790.00 $0.00 $4,404,990.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Saugus, MA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.