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144 Broadway
Saugus, MA 01906
Broadway Retail · Retail Property For Sale


Investment Highlights
- Freestanding Retail Asset on U.S. Route 1
- 100,000+ vehicles per day
- Access to Route 1, Route 129, I-95, and I-93
- 55 feet of frontage on Broadway
- Ample On-Site Parking | 20 surface parking spaces
- Long-Term Value & Repositioning Upside
Executive Summary
Northeast Private Client Group is pleased to present the Broadway Retail located at 144 Broadway in Saugus, MA.
144 Broadway is a freestanding, multi-tenant retail property positioned on a corner lot along U.S. Route 1 (Broadway) within the highly trafficked Saugus/Lynn retail submarket. The property contains 2,273± square feet across two stories and sits on a 0.15-acre parcel, offering frontage, visibility, and access along one of the North Shore’s primary commercial corridors.
Constructed in 1935, the wood-frame building features approximately 55 feet of frontage on Broadway, a 24-foot building height, and 8-foot ceiling heights. The property is zoned Retail/Service, allowing for a wide range of commercial uses. The site includes a paved surface parking lot with approximately 20 parking spaces, providing a parking ratio of 10.0 spaces per 1,000 SF—well above market norms for comparable retail assets. The interior has been recently renovated and is currently configured for salon and service uses, making it well-suited for continued retail, office, or personal service tenancy.
Located along U.S. Route 1, the area experiences traffic counts exceeding 100,000 vehicles per day, delivering exceptional exposure and signage opportunities. The property is surrounded by a dense concentration of national retailers, restaurants, and service businesses and is located approximately 9 miles north of Downtown Boston, with convenient access to Route 1, Route 129, I-95, and I-93. Logan International Airport is approximately 22 minutes away.
144 Broadway is a freestanding, multi-tenant retail property positioned on a corner lot along U.S. Route 1 (Broadway) within the highly trafficked Saugus/Lynn retail submarket. The property contains 2,273± square feet across two stories and sits on a 0.15-acre parcel, offering frontage, visibility, and access along one of the North Shore’s primary commercial corridors.
Constructed in 1935, the wood-frame building features approximately 55 feet of frontage on Broadway, a 24-foot building height, and 8-foot ceiling heights. The property is zoned Retail/Service, allowing for a wide range of commercial uses. The site includes a paved surface parking lot with approximately 20 parking spaces, providing a parking ratio of 10.0 spaces per 1,000 SF—well above market norms for comparable retail assets. The interior has been recently renovated and is currently configured for salon and service uses, making it well-suited for continued retail, office, or personal service tenancy.
Located along U.S. Route 1, the area experiences traffic counts exceeding 100,000 vehicles per day, delivering exceptional exposure and signage opportunities. The property is surrounded by a dense concentration of national retailers, restaurants, and service businesses and is located approximately 9 miles north of Downtown Boston, with convenient access to Route 1, Route 129, I-95, and I-93. Logan International Airport is approximately 22 minutes away.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,517 SF
Building Class
C
Year Built
1935
Price
$795,000
Price Per SF
$524.06
Cap Rate
7.01%
NOI
$55,723
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.23
Lot Size
0.15 AC
Zoning
Retail - Service
Parking
20 Spaces (13.18 Spaces per 1,000 SF Leased)
Frontage
55’ on Broadway
Amenities
- Corner Lot
- Freeway Visibility
- Signage
- Air Conditioning
Property Taxes
| Parcel Number | SAUG-000015E-000011-000003 | Improvements Assessment | $211,500 |
| Land Assessment | $359,700 | Total Assessment | $571,200 |
Property Taxes
Parcel Number
SAUG-000015E-000011-000003
Land Assessment
$359,700
Improvements Assessment
$211,500
Total Assessment
$571,200
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