20 Salem Tpke
Saugus, MA 01906
Land For Sale · 4.06 AC
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PROPERTY FACTS
Property Type | Land |
Property Subtype | Commercial |
Proposed Use | Strip Center |
Building Class | B |
Total Lot Size | 4.06 AC |
DESCRIPTION
PUBLIC TRANSPORTATION: 20 and 150 Salem Turnpike has direct access to 5 different bus lines which connect directly to Wonderland Station and MBTA’s Blue Line located 3.5 miles to the south. In addition to this connection, the Riverworks Commuter Rail Station (set to become public in 2019) is located 0.8 miles to the north and can be accessed by foot in less than 15 minutes. PROXIMITY TO POPULAR DESTINATIONS: 20 and 150 Salem Turnpike is located within 4 miles of 3 major retail shopping centers including Walmart to the north east (1.8 miles), the Northgate Mall to the south west (3.2 miles) and Wonderland Marketplace to the south east (3.3 miles). Just past the Northgate Mall to the east there is convenient access to Route 1 and beyond. In addition to brick and mortar experiences, the expansive Rumney Marsh provides hiking trails and opportunities to interact with nature. Revere Beach is 4.0 miles to the south east and the popular Nahant Beach is 4.0 miles to the east. In addition to the existing destinations, the most accessible and exciting development of all is set to begin construction in 2018. Lynn Gear Works is a proposed 65.5-acre transit oriented development that will bring 1.5 million sf of new development within a 1 mile radius of The Channel. The Lynn Gear Works development is setting a new precedent for mixed-use development in this area and will assist in bringing The Channel to its full potential. ZONING In 2008, the Route 107 corridor was zoned strictly industrial, but since that time the Town of Saugus has expressed a major interest in activating this underutilized parcel. In 2014, the Town of Saugus approved the creation of Article 18: Waterfront Mixed Use Overlay District (see map). The new zoning overlay allows for the following uses (according .pdf located on the Town of Saugus website dated March 27, 2014). “The WMUOD zoning bylaw is established to integrate a mix of land uses which will promote public access to the water and create more sustainable land uses. It encompasses: Existing industrial uses and new light industrial uses fostered by emerging technology. Innovative and sustainable building and site design. A variety and balance of commercial, retail and residential uses. A mix of water dependent, water related and non-water-related uses. Preservation and growth of the fishing industry and related uses Opportunities for affordable housing. Public access to the Saugus River, Pines River, waterfront and nearby estuaries and provide connections to recreational resources. Provision for water-based transportation options”
ZONING
Zoning Code | Industrial* |
Listing ID: 13180764
Date on Market: 7/16/2018
Last Updated:
Address: 20 Salem Tpke, Saugus, MA 01906
The Land Property at 20 Salem Tpke, Saugus, MA 01906 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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