Saugus, MA Commercial Real Estate for Sale and Lease
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What to Expect
Because it's less than 10 miles from Boston and has a population of more than 26,000, this Essex County town is large enough to offer a nice assortment of commercial real estate options. While searching, you'll find everything from office space to industrial space, including properties for sale and for lease.
Locate Commercial Property in Saugus, MA
With access to our search feature, you'll quickly find plenty of suitable commercial properties in the area. You can narrow things down according to square footage, price, location and other attributes. In each listing, you'll find a detailed description, photos and, in many cases, virtual tours and floor plans.
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With 10.8 square miles of land, this town of 26,628 in Essex County, Massachusetts, has a relatively moderate urban density, making it perfect for commercial investment. Located only 9 miles away from Boston, the town is ideally suited to absorb the explosive growth of the metropolis in a pastoral, beautifully forested area. The area has appeared in numerous major films and television shows. Several neighborhoods comprise the city, including Lynnhurst, Saugus Center, Cliftondale, and East Saugus.
A series of marshes, ponds, and nature reservations make up the topography of the city. Green spaces and recreation areas include the Breakheart Reservation, the Lynn Woods Reservation, and the Rumney Marsh Reservation. The Saugus River breaks off into several brooks, and the city is located next to the Broad Sound, which provides beautiful waterfront views.
The area is easily accessed by car, with Route 99, Route 107, Route 1, and Route 129 passing through the region. The MBTA Commuter Rail line does not have a stop in town, although it does pass through the southeast corner. The nearest stations are located in the towns of Lynn and Chelsea. For those who prefer to travel by bus, the MBTA provides service in town and to other rail stations.
Plot of commercial land frequently come up for sale or lease in this area, including the parcel at 2 Winston Street. With 1.06 acres of land zoned for residential investment, this lot is perfect for a developer seeking to create a duplexes, triplexes, or other high-density residential units. The lot is located off Route 107 near the Rumney Marsh Reservation, and is within easy distance of the sea. The price for this property is $990,000.
The commercially zoned lot at 114R Broadway is located directly off Route 1 near Walden Pond. Developers will enjoy the build-to-suit option, which specifies that all uses should be compatible with nearby retail centers. With a lot size of 2 acres and a development footprint of 87,120 square feet, this parcel is ideal for a visionary developer who wants to take advantage of a great location. The estimated rent for this property has not been disclosed. Meanwhile, the parcel at 24 Bennett Highway is located directly off Route 1, and offers 0.92 acres of commercially-zoned land. Whether this property is developed for entertainment, instructional, or mixed-use retail/office space, the footprint for development is 40,075 square feet. The estimated rent for this parcel is $0.02 per square foot per month.
The commercially-zoned parcel at 20 Bennett Highway has 46.30 acres available for development, along with 200 feet of frontage of Route 1. The current owners are seeking a developer who wishes to make the most of this property, which already has several paved areas. The price for this parcel has not been disclosed.
Office Space Market
With incredible views and access to downtown, many of the office suites in this town are housed in charming buildings. The property at 5 Broadway is no exception. With a total leasable footprint of 13,200 square feet, this three story building was built in 1970 and has conference rooms, a stainless steel appliance laden kitchen, an onsite parking lot, and a gorgeously maintained gray exterior. Located close to Interstate 95, the refurbished top-tier office suites in this building are ready for occupancy. The sale price for this building is $1,395,000.
The multi-story property at 1711-1715 Broadway is styled like a traditional office park, with 54,000 square feet of space divided into numerous smaller, richly furnished suites. The mahogany and glass finishes reflect the ample natural lighting throughout the interior, with onsite garage parking available for tenants. A magnificent central lobby opens up into an atrium with elevator service to each floor. Located at the interchange of Route 99 and Route 1, the lot is perfectly positioned for travelers from other cities. Built in 1989, the suites available in this building are configurable to tenant needs.
The office complex at 999 Broadway also offers convenient access to Route 1 and downtown. With 65,000 square feet of space, the offices in this five-story brick office complex features views not only of the ocean, but also of the Boston skyline. A covered, four-level parking garage is onsite. Lushly landscaped grounds complete the upscale, professional look. Built in 1989, the estimated rent for this structure is $1.50 per square foot per month.
Retail Space Market
With both strip malls and boutique, historic spaces in abundance, the retail space market is still competitive for the area. The retail complex at 655 Broadway has a total space of 40,694 square feet, and is perfect for department stores or other large general retail operations. Located off Route 1, this low-slung structure has a large onsite parking lot and business signage that is clearly visible from the road. It is also within walking distance of the Breakheart Reservation. Built in 1982, the complex offers several different sized spaces, including a 2,000 square foot unit. The estimated rent for this property is $2.33 per square foot per month.
The restaurant space at 670 Broadway is sited on a parking lot right off Route 1. With 3,356 square feet of leasable space, the structure has two floors. The first floor has 2,075 square feet, while the second floor has over 1,000 square feet. The operating restaurant, which seats 92 people, is included in the sale price, in addition to ¾ of an acre of land. Built in 1935, the recently refurbished space has elegant wood panelled interiors and a distinguished exterior with large windows along the side. The sale list price for this property is $1,480,000.
The freestanding general retail at 352 Broadway also takes the form of a retail complex, with canopies slung over large storefront windows. Sited in a large parking lot, the 11,190 square feet of leasable space is located off Route 1 near the Breakheart Reservation. Built in 2008, the clean, brightly lit interiors offer flexible floor plans to suit almost any tenant configuration. The estimated rent for this property has not been disclosed.
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Commercial Property List