49-61 Eagle Road Saugus, MA
$4,900,000
Square Feet 5,500
Acres 3.02
Description
RARE and EXCITING opportunity to develop this 3.02 +/- acre lot zoned under the special Saugus zoning: BUSINESS HIGHWAY SUSTAINABLE DEVLOPMENT ZONING DISTRICT. Numerous potentials to create a welcoming development that both your Buyer and the Town of Saugus can be proud of! Possible Over 55 development, multi apartments and/or condominiums/townhomes, possible mixed-use, zoning allows for up to 90 units, etc. Many possibilities! Bring your ideas, design concepts and build a showpiece your buyer can boast as their own. Currently there are 4 income producing homes on the property. Land is accessible from multiple approved roads. Located and greatly visible from Route I North. This is truly "Gateway to Saugus".
Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate, Wendy Carpenito
Details
MLS 73289363
Status Active
Price $4,900,000
DOM 92 days
Type Commercial
Square Feet 5,500 sqft
Lot Size 3.02 acres
Year Built 9999
Lot & Building Features
Tax Year 2024
Taxes Paid $19,406
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Financing
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6.75%
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$
$
per month
Principal & Interest
Monthly Taxes
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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.