44 Broadway, Saugus MA 01906
Saugus, MA 01906
$3,999,000
Est. $23,771/month
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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 History
Market Insights
Property Timeline
Status: Active
Jul 21, 2026
Delete → Active
Status: Delete
Jul 20, 2026
Active → Delete
Listed for Sale
Jun 15, 2026
$3,999,000
Original listing
Agent: Derek Wong
Office: V & E Realty
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 07/21/2026 | 📋 Status: Active | - | - | - | Delete → Active |
| 07/20/2026 | 📋 Status: Delete | - | - | - | Active → Delete |
| 06/15/2026 | 🏠 Listed for Sale | $3,999,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $40,193 | — |
Financial Details
Annual Property Tax
$40,193
Tax Year 2025
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
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
Buyer To Perform Due Diligence. Lease Available Upon Request To Qualified Buyers Submitting A Serious Written Offer And Demonstrating Bona Fide Interest In The Property. Minimum 48 Hours’ Notice Required For All Showings.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Documents
None
County
Essex
Property Overview
Listing Type
For Sale
Year Built
1965
Living Area
9,528 sq ft
Floor Layout
Interactive room guide
Floor Layout
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
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:
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Parking Features:
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
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
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
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
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Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo
Payment Over Time
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.
Location
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Neighborhood
44 Broadway, Saugus MA 01906
Saugus, MA 01906
Listing Information
Listing Agent
Derek Wong
Listing Office
V & E Realty
Office Phone
617-786-9399
Agent MLS ID
BB904983
Office MLS ID
BB4796
Listing Data Updated
Jul 21, 2026 12:17 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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