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".
This listing has been viewed 28 times in the past 51 days
Last Updated: October 8th, 2024 at 8:08am
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General Information for 49-61 Eagle Road, Saugus, Massachusetts 01906
Property TypeCommercial Sale
Price$4,900,000
MLS #73289363
List Date2024-09-12
Special Listing ConditionsNo
StateMassachusetts
Street NameEagle Road
Unit
CitySaugus
Zip Code01906
CountyEssex
MLS Status
AssociationNo
Heat Zones
Sold Date
Building Area Total5500
Building Area Units0
Close Date
Close Price$0
Listing Service
UnparsedAddress49-61 Eagle Road, Saugus MA 01906
Zoning
Zoning DescriptionOther (See Remarks)
Business TypeCommercial
Interior Features for 49-61 Eagle Road, Saugus, Massachusetts 01906
* Approx. Living Area Total5,500 sq ft
MLS Area (Major)
OffMarketDate
Exterior Features for 49-61 Eagle Road, Saugus, Massachusetts 01906
* Parking Spaces9999
* Year Built9999
Year Built Details
Year Built Source
Construction MaterialsNo
Approx. Street Frontage
Utilities
Disclosures for 49-61 Eagle Road, Saugus, Massachusetts 01906
Buyer Agent Compensation
Contingency
FinancingNo
Disclosures
Documents AvailableNo
MLSPIN_COMP_BASED_ON
MLSPIN_COOP_COMP
MLSPIN_DISCLOSURE
Lead PaintUnknown
Facilitator Compensation
TransactionBrokerCompensationType
BuyerAgencyCompensationType
Financial Information for 49-61 Eagle Road, Saugus, Massachusetts 01906
Association Fee$0
Association Fee Frequency
Associaton Fee IncludesNo
AssociationNo
Assessed Value
Real Estate Tax$0
Tax Year
Existing Lease Type
OriginalListPrice$4,900,000
Lifestyle Information for 49-61 Eagle Road, Saugus, Massachusetts 01906
Association AmenitiesNo
Frontage Type
GarageYNNo
Location information for 49-61 Eagle Road, Saugus, Massachusetts 01906
Marketing History for 49-61 Eagle Road, Saugus, Massachusetts 01906
MLSPIN_MARKET_TIME_BROKER
MLSPIN_MARKET_TIME_PROPERTY
PurchaseContractDate
Agent Information for 49-61 Eagle Road, Saugus, Massachusetts 01906
Agent MLS IDC8002906
Office MLS IDAN8238
Buyer Agent MLS ID
Buyer Office MLS ID
Team Members
Exclusive Listing Agent
Wendy Carpenito
Berkshire Hathaway HomeServices Commonwealth Real Estate