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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
20
Days on Market
Active Listed Jun 15, 2026 • MLS# 73536305 Copied! • Updated Jun 19, 2026

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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Recently Sold Nearby

Property History

Property Timeline

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

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
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None
Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features None

Utilities

Electric None
Water None
Sewer None
Gas None
Other None

Financial

Annual Tax $40,193
Fee Includes None
Amenities None
Optional Fee Includes None
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. 2% Co-broke Commission Offered To Buyer’s Agent Or Facilitator.
Possession None
Accepted Financing None
Structure Type []
Documents None
County Essex

Property Overview

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

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

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:
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

2 schools
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
A-
Melrose Middle School
2.3 mi | #92 of 352 | Score: 50.4
Improved 6 spots from last year
-7.8 below state avg
886 students Moderate
Grades 06-08
H

High Schools

3 schools
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
C-
Classical High School
1.9 mi | #302 of 346 | Score: 37.9
Improved 51 spots from last year
-20.3 below state avg
1,795 students Moderate
Early College Program Rising School Career Tech Programs
Grades 09-12
A-
Wakefield Memorial High School
2.0 mi | #79 of 346 | Score: 62.6
Improved 16 spots from last year
+4.4 above state avg
854 students Moderate
18 sports • 1,930 athletes
High Graduation Rate College Ready Curriculum Strong Athletics
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.

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 Jun 19, 2026 3:05 AM 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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Steven Novak

Steven Novak

BMN Boston Real Estate

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