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".
MLS# | 73289363 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Year | 9999 |
Days On Site | 124 |
Listing Provided By | Berkshire Hathaway HomeServices Commonwealth Real Estate | Wendy Carpenito |
SQ Feet | 5,500 |
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Zoning | call town |
Acreage | 3.02 |
State | MA |
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County | Essex |
City | Saugus |
Zip Code | 01906 |
Area | Essex |
Listing VS Median (in 01906) | |
Price: $4,900,000 low | high Med: $589,900 SqFt: 5,500 low | high Med: 1,872 $ / SqFt: $891 low | high Med: $315 On Site: 124 low | high Med: 6.000000 |