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49 Eagle Rd
Saugus, MA 01906
49-61 Eagle Road, Saugus, MA 01906 · Land For Sale · 3.06 AC

Investment Highlights

  • 15 Minutes North of Boston

Property Facts

Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 3.06 AC
Zoning B - Zoned under the Special Saugus zoning: Business Highway Sustainable Development that grants mixed use development of Commercial and Residential.

Description

The Eagle Road property in Saugus, Massachusetts offers a prime development opportunity just 15 minutes north of Boston. Located seconds off Route 1 Northbound at 49-61 Eagle Rd, Saugus (01906) in Essex County, this 3.02+/- acre site (131,605+/- square feet) is zoned for BHSD (Business Highway Sustainable Development), allowing for mixed-use developments including residential, commercial, industrial, and office spaces. The property is equipped with municipal water and sewer, National Grid Electric, cable, and broadband. It has convenient access via four 40' wide roads—Robbins Road, Thresher Road, Lark Ave, and Eagle Road—providing multiple ingress and egress options to support diverse development plans. Currently, the site maintains multi-residential zoning, permitting 30 units per acre. A professional engineering conceptual site plan has been completed, proposing a 90-unit residential building with the required parking and open space setbacks. The property is available for lease or sale. Tony Spinazzola, with 50 years in business on Boston’s North Shore and ownership of real estate on Route 1 since 1976, describes the property as "the first available site of this size on the Route 1 corridor, minutes north of Boston, making it an exceptional business opportunity." *The property currently includes four income-producing rental homes.

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • SAUG-000005D-000006-000007
  • SAUG-000004D-000010-000003
  • SAUG-000004D-000010-000002
  • SAUG-000005D-000006-000003
  • SAUG-000004D-000010-000001
Land Assessment
$1,468,500
Improvements Assessment
$783,700
Total Assessment
$2,252,200
  • Listing ID: 33156581

  • Date on Market: 9/12/2024

  • Last Updated:

  • Address: 49 Eagle Rd, Saugus, MA 01906

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