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$4,900,000
Est. payment /mo
5,500 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 5,500 sqft
Price per Sqft $890
MLS Listing ID 73289363
HOA Y/N false
Annual Tax Amount $19,406
Tax Year 2024
Lot Size 3.020 Acres
Acres 3.02
Property Description
RARE and EXCITING opportunity to develop this 3.02 +/- acre lot zoned under the special Saugus zoning: BUSINESS HIGHWAY SUSTAINABLE DEVLOPMENT ZONING DISTRICT. Numerous potentials to create a welcoming development that both your Buyer and the Town of Saugus can be proud of! Possible Over 55 development, multi apartments and/or condominiums/townhomes, possible mixed-use, zoning allows for up to 90 units, etc. Many possibilities! Bring your ideas, design concepts and build a showpiece your buyer can boast as their own. Currently there are 4 income producing homes on the property. Land is accessible from multiple approved roads. Located and greatly visible from Route I North. This is truly "Gateway to Saugus".
Location
State MA
County Essex
Zoning call town
Direction Route I North
Exterior
Total Parking Spaces 9999
Others
Senior Community false
Virtual Tour https://eagleroaddevelopment.com/2223095?idx=1
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Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate
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