1268 Broadway, Saugus, MA 01906-4709
- Retail space
- 7,960 SF
- 0.76 lot acres
Current Use by Public Records
- The UPS Store / Courier Service / Postal Service
- Pride Fence / Construction Company / General Contractor
- Famiglia Fornaciari Wood Fired Pizza / Restaurant
- Jesus Center of Good News / Church
- Shred Nations / Recycling Center / Waste Management Facility
Property Details for 1268 Broadway
- Year built
- 1970
- Lot size
- 0.76 lot acres
- Zone code
- NA
- Property type
- Retail space
- APN
- SAUG M:006-D B:0003 L:0002
- APU
- SAUGM006DB0003L0002
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jan 3, 2025 | $1,700,000 | 1268 Broadway LLC | Bjk Realty LLC | Deed | $1.5M · Bjk Realty LLC |
| Jul 2, 2019 | $1,700,000 | Bjk Realty LLC | Y&katherine Enterprises | Quit Claim Arm's Length For Ne States | $1.3M · Eastern Bank |
| Jan 15, 2013 | — | Y&katherine Ent LLC | — | Deed Of Trust · related | $694k · East Boston Savings Bank |
| Mar 10, 2004 | — | Finks,malcolm D Tr | — | Deed Of Trust · related | $433k · M Perpall Enterp INC |
| Oct 31, 1989 | $377,000 | Electonics World RT | Croft,susan | Grant Deed | — |
| Jun 5, 1989 | — | Electronics World RT | — | Deed Of Trust · related | $400k · Zuckerman Family Nomi |
| Aug 4, 1988 | — | Electronics World RT | — | Deed Of Trust · related | $690k · Neworld Bank Svgs |
| — | — | Y & Katherine Ents | — | Deed Of Trust · related | $1.4M · East Boston Svgs Bk |
Description
This exceptional 3,500-square-foot industrial warehouse/flex space is ideally situated at 1268 Broadway in Saugus, Massachusetts, zip code 01906. The single-tenant property offers convenient access to Route 1 and major highways leading to and from Boston, making it an excellent location for businesses requiring easy transportation links. The warehouse boasts a 10-foot ceiling height and a 9-foot-high garage bay door, providing ample space for storage and vehicle access. Ample parking is available on-site. This property is perfect for contractors, plumbers, electricians, and other trades needing secure storage for equipment. While suitable for storage, prospective tenants intending to use the space as a contractor's bay should note that a bathroom installation will be required to meet local business regulations. This well-located property presents a unique opportunity for businesses seeking a readily accessible and efficient storage solution in a prime Saugus location. The property is classified as industrial with a warehouse/flex subtype.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,560,000
- ML approach
- $1,680,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,180,000
- 6.5%
- $2,010,000
- 7%
- $1,870,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,482,000
Market price range: $1.10M - $2.62M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $1,770,000 Current use
- APARTMENT HOUSE (5+ UNITS)
- $2,545,000 Change: +44% Conversion: Difficult
- OFFICE BUILDING
- $2,045,000 Change: +16% Conversion: Easy
- AUTO REPAIR, GARAGE
- $1,905,000 Change: +8% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $1,450,000 Change: -18% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Saugus
- County
- Essex
- State
- Massachusetts
- Longitude
- -71.0229
- Latitude
- 42.4552
- CBSA code
- 14460
- CBSA name
- BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
