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44 Broadway, Saugus MA 01906

Saugus, MA 01906
$3,999,000
Est. $23,771/month
9,528
Sq Ft
$420
Price/Sq Ft
1.47
Acres
1965
Year Built
10 hours 12 minutes
Time on Market
Active Listed Jun 15, 2026 • MLS# 73536305 Copied!

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.

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Property Overview

Listing Type
Commercial Sale
Year Built
1965
Living Area
9,528 sq ft

Facts & Features

Home Facts

Type Commercial Sale
Year Built 1965
Living Area 9,528 sq ft
Lot Size 1.47 acres

Interior

Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None

Exterior

Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features None

Utilities

Electric None
Water None
Sewer None
Gas None
Other None

Financial

Annual Tax $40,193

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1965
Structure Type:
Exterior Materials:
Roof:
Foundation:

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source:
Sewer:
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Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
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Parking & Garage

Parking Features:

Location

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Neighborhood

44 Broadway, Saugus MA 01906

Saugus, MA 01906

Walkability

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Nearby Schools

School District
Saugus School District local
B
School Safety 2024-25
4.9% Above Average
4.5% Suspensions 1.0% In-School 0.4% Emergency
0.6% below state avg
E

Elementary Schools

3 schools
A
Pioneer Charter School of Science II
0.5 mi | #42 of 346 | Score: 68.2
Improved 10 spots from last year
+10 above state avg
621 students Very Diverse
Strong AP Program High Graduation Rate College Ready Curriculum Diverse Student Body
Grades K-12
A-
Belmonte STEAM Academy
1.0 mi | #4 of 12 | Score: 45.6
Improved 616 spots from last year
-12.6 below state avg
814 students Diverse
Rising School Diverse Student Body
Grades 02-05
Veterans Early Learning Center
1.5 mi
501 students Diverse
Diverse Student Body
Grades PK-01
M

Middle Schools

1 school
C+
Saugus Middle School
0.6 mi | #248 of 352 | Score: 36.3
Improved 63 spots from last year
-21.9 below state avg
616 students Diverse
Rising School Diverse Student Body
Grades 06-08
H

High Schools

1 school
C
Saugus High School
0.6 mi | #260 of 346 | Score: 45.6
Improved 8 spots from last year
-12.6 below state avg
744 students Diverse
17 sports • 972 athletes
College Ready Curriculum Strong Athletics Diverse Student Body
Grades 09-12
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Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $3,349
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Property Timeline

🏠
Listed for Sale
Jun 15, 2026
$3,999,000
Original listing
Agent: Derek Wong Office: V & E Realty

Price & Status History

Date Event Price Change
Jun 15, 2026 New Listing Added $3,999,000

Market Statistics

Time on Market
10 hours 12 minutes
Price per Sq Ft
$420

Tax History

Year Taxes Assessment
2025 $40,193

Financial Details

Annual Property Tax
$40,193
Tax Year 2025

Listing Information

Listing Agent Derek Wong
Listing Office V & E Realty
Agent MLS ID BB904983
Office MLS ID BB4796
Listing Data Updated Jun 15, 2026 6:01 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Steven Novak

Steven Novak

BMN Boston Real Estate

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