$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 #
- 73536305
- Property type
- Commercial Sale
- Subdivision
- N/A
- Status
- Active
- Days on market
- 66
- On market date
- June 15, 2026
- Stories
- N/A
- Garage spaces
- N/A
- Lot size
- 1.47 acres
Location
Get directions →Nearby schools
Within 10 miles · public school directory data (NCES)
- 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)
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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.