Commercial Real Estate Market in Saugus, MA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
35 active listings and 475 off-market properties in Saugus, MA. Commercial property asks $455/SF to buy and $27.71/SF/Yr to lease.
Market Trends
Saugus, MA spans 11.6 square miles in Essex County, Massachusetts. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Saugus, MA runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Vacancy Rate % in Northeast region
Retail
Retail vacancy in Saugus, MA runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Vacancy Rate % in Northeast region
Industrial
Industrial vacancy in Saugus, MA runs 7.6% across the Northeast region in 2025, up from 5.4% in 2019. Nearly 2.4x the 2021 low of 3.2%.
Vacancy Rate % in Northeast region
Multifamily
Multifamily space in Saugus, MA asks $324/SF to buy. Vacancy runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 71.1%
- Industrial 26.4%
- Commercial 2.5%
Largest Zones share of zoned land by district
Single Family Residential A
Single Family Residential B
High Rise Business And Industrial
Light Industrial
Heavy Industrial
Saugus, MA zones 7,316 acres across 10 districts. Commercial zoning covers 2.5% of zoned land, residential 71.1% and industrial 26.4%. The largest single district is Single Family Residential A at 37%. For commercial buyers the practical constraint is that only 29% of land carries a commercial or industrial designation.
Single Family Residential A (R-1)
The purpose of this district is to promote single family residential uses
Market overview
Demographics & Economy
Saugus, MA has 28,619 residents in 11,259 households. Density runs 2,472 people per square mile. Median household income here is $100,819 and median gross rent $1,982 a month.
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
2,472
Density / Sq Mi
$100,819
Median Household Income
$52,189
Median Earnings
$1,982
Median Rent
$589,500
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Melrose | — | $32.72 |
| Revere | — | $59.07 |
| Lynn | — | $20.63 |
| Wakefield | — | $15.67 |
Commercial property in Saugus, MA asks $455/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Saugus?
Commercial property in Saugus, MA asks an average of $455 per square foot. The 4 most recent recorded sales traded at a median of $342/SF, so asking sits 33% above the achieved median. Multifamily carries the highest asking price at $324/SF.
How much does it cost to lease commercial space in Saugus?
Asking lease rates in Saugus, MA average $27.71 per square foot per year.
What zoning applies to commercial property in Saugus?
Saugus, MA zones 7,316 acres across 10 districts, of which 2.5% is commercial and 26.4% industrial. The largest single district is Single Family Residential A at 37% of zoned land. The purpose of this district is to promote single family residential uses Residential zoning covers 71.1% and open space 0%.
Where does Realmo's Saugus market data come from?
Realmo compiles Saugus, MA figures from 7 recent recorded sales, 18 active sale listings, 17 active lease listings, 475 tracked off-market properties, the current Saugus zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 18 active for-sale and 17 active for-lease listings in Saugus, MA. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 7,316 zoned acres across 10 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Northeast region level, retail vacancy is reported at Northeast region level and industrial vacancy is reported at Northeast region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
