150 Salem Turnpike (Rt 107)Saugus, MA 01906MLS Number 72556665

  • Sale Price: $3,375,000
  • 192 Days Since Sale
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Federal 30-year interest rate: 2.9% last updated on Sep 24, 2020
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150 Salem Turnpike (Rt 107) Saugus MA 01906
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  • 3.12Acreage
150 Salem Turnpike (next to 20 Salem Turnpike) is a 3 acre commercial property that is zoned industrial, which allows for all types of uses: commercial, retail, fast food, residential, etc... The property runs along the Saugus River & has been cleared & graded and is centrally located in the middle of Saugus, Lynn and Revere. The main road hosts over 25,000 cars per day and is intersected at the property by Ballard St, which hosts over 11,000 cars per day. The location offers easy access to Logan Airport and all of the main expressways. It has direct access to 5 different bus lines that connect directly to Wonderland Station and MBTA's Blue Line & close to major retail shopping, as well as, the expansive Rumney Marsh which provides hiking trails & opportunities to interact w/ nature. Revere Beach is 4 miles south east & Nahant Beach is 4 miles to the east. The City is eager to see the property developed and would like to see a higher density project, making maximum use of the site.

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Listed by The Lopes Group and Melissa Dias Lopes of J Barrett & Company - Marblehead Office

Listing Sold by J Barrett & Company - Marblehead Office

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