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Grocery and Convenience Store with Subdivision Option
For Sale
$750,000
Pending

216 Broadway, Saugus, MA 01906

Existing liquor store operation with access from Broadway and Walnut Street.

Property Size6,870 SF
Days on Market209

Property Features for 216 Broadway

General Information

Standard status Pending
Size 6,870 SF
Property subtype Business Opportunity

Site & Location

Traffic Count 116,000 vehicles/day
Highway Access Yes
Road Access Yes
Listing Agency: Reynolds Realty
Listed By: Robert L. Reynolds
Source: Exprealty
Added: Feb 2 Changed: Aug 30 Last Checked: Aug 30 at 2:34AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Reynolds Realty

Investment Insights

Based on property information with market context.

This Saugus property contains a 6,870-square-foot liquor store operation with an option to reduce the premises to 3,900 square feet through subdivision. Available stock may also be included, supporting continued use as a liquor retail business.

Positioned on Broadway along Route 1, the property benefits from reported daily traffic of approximately 116,000 vehicles. Access is available from both Broadway and Walnut Street, connecting the site to two local approaches.

Key Highlights

  • 6,870‑square‑foot liquor store property in Saugus
  • Premises may be subdivided to 3,900 square feet
  • Available stock may be included with the sale

Property Analytics

Current Use

Boscy's Liquors (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Law Firm (Bike/Boat/Book/etc) Store Barber Shop Daycare Center Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

116,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

372
Businesses Nearby
297k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 39% Shops & Services 30% Apparel 14% Groceries 11%
Kohl's Apparel
36,079 visits/mo 0.2 miles
Trader Joe's Groceries
32,352 visits/mo 0.3 miles
PetSmart Shops & Services
24,634 visits/mo 0.4 miles
Dunkin' Donuts Dining
19,611 visits/mo 0.5 miles
Applebee's Dining
17,753 visits/mo 0.1 miles

Demographics for 01906, MA

28,619
Population
11,259
Households
2.5
Avg Household Size
45
Median Age
31%
College-Educated
91%
High-School Grad
11.6 sq mi
ZIP Area
2,467
Density / Sq Mi
$100,819
Median Household Income
$52,189
Median Earnings
$1,982
Median Rent
$589,500
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Similar Off Market Nearby

  • Target Grocery 400 Lynn Fells Pkwy, Saugus, MA 01906
  • Trader Joe's 358 Broadway, Saugus, MA 01906

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Existing liquor store operation with access from Broadway and Walnut Street.
Where is this grocery and convenience store located?
The property is located at 216 Broadway Saugus, MA.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 6,870‑square‑foot liquor store property in Saugus; Premises may be subdivided to 3,900 square feet; Available stock may be included with the sale
More about this property
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