$3,999,000
About this home
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.
Property details
- MLS
- MLS Property Information Network
- MLS #
- 73536305
- Property type
- Commercial Sale
- Subdivision
- N/A
- Status
- Active
- Days on market
- 130
- On market date
- June 15, 2026
- Stories
- N/A
- Total bathrooms
- N/A
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- 1.47 acres
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.
- Enrollment
- 761
- Student:teacher ratio
- 17.7:1
- District
- Saugus
- Enrollment
- 608
- Student:teacher ratio
- 15.6:1
- District
- Saugus
- Enrollment
- 376
- Student:teacher ratio
- 11.8:1
- District
- Pioneer Charter School of Science II (PCSS-II) (District)
Walkability
Blended score for Saugus's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
Market position
How this listing compares to current activity in Saugus, from live MLS data.
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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated July 21, 2026.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.