144 Broadway
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144 Broadway
2,273 SF 100% Leased Retail Building Saugus, MA 01906 $900,000 ($396/SF) 7.62% Cap Rate
Executive Summary
Looking for a property that generates great income? You've found it! 144 Broadway is a fully leased property, guaranteeing immediate and consistent returns on your investment. With all units occupied, you can step into ownership with confidence, knowing that your income stream is secure.Situated at a fabulous location with prime visibility on Route 1, this property commands attention from all directions. Facing the northbound side of the highway, it enjoys unparalleled exposure to passing traffic, ensuring maximum visibility for businesses and tenants.Don't miss out on this incredible opportunity to own a prime piece of real estate in Saugus. With its unbeatable location, steady income, and versatile design, 144 Broadway is the investment opportunity you've been waiting for. Contact us today to schedule a viewing and secure your future prosperity!
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,273 SF
Building Class
C
Year Built
1935
Price
$900,000
Price Per SF
$396
Cap Rate
7.62%
NOI
$68,593
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.35
Lot Size
0.15 AC
Zoning
Retail - Service - Retail Route 1 Service Industry. Many overlays exist on Route 1 for mixed use as well
Parking
20 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
55 FT on Broadway
Amenities
- Corner Lot
- Freeway Visibility
- Signage
- Air Conditioning
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | SAUG-000015E-000011-000003 | Improvements Assessment | $204,600 |
Land Assessment | $342,300 | Total Assessment | $546,900 |
PROPERTY TAXES
Parcel Number
SAUG-000015E-000011-000003
Land Assessment
$342,300
Improvements Assessment
$204,600
Total Assessment
$546,900
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144 Broadway
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