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Retail

Saugus Retail Development

24 Broadway, Saugus, MA 01906

Listing Price: Request For Offer

Lot Size
0.47 acres
Land Type
Land

Investment Overview

Marcus and Millichap is pleased to present the parcel at 24 Broadway in Saugus, Massachusetts, just south of the town of Lynnfield. The property is a 20,652 SF (0.47 acre) parcel that is situated on Route 1, one of the North Shore’s primary retail corridors. Route 1 in Saugus is well-known for its diverse mix of national, regional and local tenants, and is home to iconic locations including the Hilltop Steakhouse, Kowloon, and the Saugus Mall. This parcel is ideal for a number of retail uses, thanks to traffic counts that exceed 125,000 vehicles per day passing the site, as well as its proximity to hundreds of other retailers. The property has been permitted by the town of Saugus for up to a 5,250 SF single story retail building, allowing a buyer to hit the ground running with redevelopment.

Investment Highlights

  • Zoned for high-rise & industrial commercial use
  • 0.47-acre (20,652 SF) lot
  • Highly trafficked major road that sees 125,000+ vehicles per day
  • Average household income of $154,120 within one-mile radius
  • More than 300,000 residents within a 5-mile radius of the property

Exclusively Listed By

Retail

Saugus Retail Development

Listing Price: Request For Offer

Lot Size
0.47 acres
Land Type
Land

Investment Highlights

  • Zoned for high-rise & industrial commercial use
  • 0.47-acre (20,652 SF) lot
  • Highly trafficked major road that sees 125,000+ vehicles per day
  • Average household income of $154,120 within one-mile radius
  • More than 300,000 residents within a 5-mile radius of the property

Investment Overview

Marcus and Millichap is pleased to present the parcel at 24 Broadway in Saugus, Massachusetts, just south of the town of Lynnfield. The property is a 20,652 SF (0.47 acre) parcel that is situated on Route 1, one of the North Shore’s primary retail corridors. Route 1 in Saugus is well-known for its diverse mix of national, regional and local tenants, and is home to iconic locations including the Hilltop Steakhouse, Kowloon, and the Saugus Mall. This parcel is ideal for a number of retail uses, thanks to traffic counts that exceed 125,000 vehicles per day passing the site, as well as its proximity to hundreds of other retailers. The property has been permitted by the town of Saugus for up to a 5,250 SF single story retail building, allowing a buyer to hit the ground running with redevelopment.

Exclusively Listed By

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